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Thursday, November 21, 2024

Riva home prices fall in February 2019

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The median sale price of a home sold in February 2019 in Riva fell by $59,975 while total sales increased by 25%, according to BlockShopper.com.

In February 2019, there were five homes sold, with a median sale price of $425,250 - a 12.4% decrease over the $485,225 median sale price for the same period of the previous year. There were four homes sold in Riva in February 2018.

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

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Gambrills21100%$497,500$445,00011.8%
Severna Park292045%$476,000$487,450-2.3%
Riva5425%$425,250$485,225-12.4%
Parole141127.3%$402,000$315,00027.6%
Green Gables10-$389,000$0-
Crownsville10-$385,000$0-
Arnold221369.2%$374,950$387,500-3.2%
Mayo101900%$370,000$295,00025.4%
Annapolis Neck146133.3%$368,500$423,972.50-13.1%
Cape St. Claire8633.3%$367,500$376,000-2.3%
Woods Landing20-$342,500$0-

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