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Thursday, November 14, 2024

Riva home prices fall in April 2019

Realestate3

The median sale price of a home sold in April 2019 in Riva fell by $263,500 while total sales increased by 300%, according to BlockShopper.com.

In April 2019, there were eight homes sold, with a median sale price of $403,500 - a 39.5% decrease over the $667,000 median sale price for the same period of the previous year. There were two homes sold in Riva in April 2018.

The following table compares Riva to other Anne Arundel County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Friendship10-$700,000$0-
Briarwood110%$515,000$369,90039.2%
Belhaven Beach10-$515,000$0-
North River Forest30-$471,000$0-
Annapolis Neck252025%$439,000$479,500-8.4%
Riva82300%$403,500$667,000-39.5%
Arnold423327.3%$400,000$385,0003.9%
Mayo135160%$399,999$430,000-7%
Severna Park45427.1%$399,999$439,950-9.1%
Revell Downs23-33.3%$392,000$180,000117.8%
Paradise Beach110%$390,000$215,00081.4%

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