In May 2019, there were six homes sold, with a median sale price of $442,800 - a 17.2% decrease over the $535,000 median sale price for the same period of the previous year. There were three homes sold in Riva in May 2018.
The following table compares Riva to other Anne Arundel County cities with similar median sales prices in May 2019:
City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Severna Park | 50 | 49 | 2% | $497,450 | $507,500 | -2% |
Annapolis Neck | 18 | 15 | 20% | $489,999.50 | $575,000 | -14.8% |
Mayo | 15 | 16 | -6.3% | $488,000 | $373,500 | 30.7% |
Tanager Forest | 1 | 0 | - | $475,000 | $0 | - |
Gambrills | 3 | 3 | 0% | $470,000 | $381,900 | 23.1% |
Riva | 6 | 3 | 100% | $442,800 | $535,000 | -17.2% |
Rock Anna | 1 | 2 | -50% | $420,000 | $247,700 | 69.6% |
Belhaven Beach | 1 | 1 | 0% | $415,000 | $875,000 | -52.6% |
Cape St. Claire | 7 | 9 | -22.2% | $405,000 | $386,000 | 4.9% |
Annapolis | 43 | 62 | -30.6% | $400,000 | $366,250 | 9.2% |
Herald Harbor | 7 | 4 | 75% | $392,500 | $302,500 | 29.8% |