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Friday, November 15, 2024

Riva home prices rise in May 2018

Re 11

The median sale price of a home sold in May 2018 in Riva rose by $20,000 while total sales decreased by 62.5%, according to BlockShopper.com.

In May 2018, there were three homes sold, with a median sale price of $535,000 - a 3.9% increase over the $515,000 median sale price for the same period of the previous year. There were eight homes sold in Riva in May 2017.

The following table compares Riva to other Anne Arundel County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Crownsville12-50%$800,000$642,00024.6%
Little John10-$795,000$0-
Amberly10-$615,000$0-
Annapolis Neck1523-34.8%$575,000$525,0009.5%
Briarwood20-$552,000$0-
Riva38-62.5%$535,000$515,0003.9%
Severna Park49490%$507,500$490,0003.6%
Galesville10-$415,000$0-
Parole413228.1%$410,000$390,0005.1%
Patuxent Manor20-$395,000$0-
Woods Landing10-$395,000$0-

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