Home prices decreased in Riva during December 2021

Home prices decreased in Riva during December 2021
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The median sale price of a home sold in December 2021 in Riva fell by $152,500 while total sales decreased by 50%, according to BlockShopper.com.

In December 2021, there were three homes sold, with a median sale price of $530,000 – a 22.3% decrease over the $682,500 median sale price for the same period of the previous year. There were six homes sold in Riva in December 2020.

The following table compares Riva to other Anne Arundel County cities with similar median sale prices in December 2021:

City Dec. 2021 Home Sales Dec. 2020 Home Sales % change (Total Home Sales) Dec. 2021 Median Sales Price Dec. 2020 Median Sales Price % change (Median Sales Price)
Crownsville 1 3 -66.7% $650,000 $1,100,000 -40.9%
Gambrills 2 2 0% $630,000 $307,500 104.9%
Annapolis 25 54 -53.7% $600,000 $402,387 49.1%
Severna Park 17 50 -66% $571,000 $545,000 4.8%
Greenwood Acres 1 0 $555,900 $0
Riva 3 6 -50% $530,000 $682,500 -22.3%
Herald Harbor 2 3 -33.3% $460,000 $290,000 58.6%
Parole 13 20 -35% $450,000 $397,000 13.4%
Arden on the Severn 3 0 $431,500 $0
Paradise Beach 1 1 0% $425,000 $539,900 -21.3%
Cape St. Claire 4 7 -42.9% $424,500 $411,500 3.2%


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