Home prices increased in Riva during the second half of 2021

Home prices increased in Riva during the second half of 2021
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The median sale price of a home sold in the second half of 2021 in Riva rose by $76,100 while total sales decreased by 44.1%, according to BlockShopper.com.

From July through December of 2021, there were 19 homes sold, with a median sale price of $584,600 – a 15% increase over the $508,500 median sale price for the same period of the previous year. There were 34 homes sold in Riva in the second half of 2020.

The following table compares Riva to other Anne Arundel County cities with similar median sale prices in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Galesville 1 5 -80% $725,000 $525,000 38.1%
Rock Anna 4 7 -42.9% $700,000 $260,000 169.2%
Amberly 1 4 -75% $625,000 $1,160,000 -46.1%
Tanager Forest 1 1 0% $615,000 $570,000 7.9%
Severna Park 220 352 -37.5% $597,500 $552,500 8.1%
Riva 19 34 -44.1% $584,600 $508,500 15%
Annapolis Neck 46 179 -74.3% $570,500 $565,000 1%
Gambrills 13 17 -23.5% $550,000 $487,000 12.9%
Annapolis 126 360 -65% $522,000 $455,000 14.7%
Mayo 34 105 -67.6% $487,500 $455,000 7.1%
Riviera Isle 4 3 33.3% $481,500 $549,900 -12.4%


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