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Saturday, April 19, 2025

Riva home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Riva fell by $119,750 while total sales increased by 50%, according to BlockShopper.com.

In June 2017, there were 12 homes sold, with a median sale price of $407,750 - a 22.7% decrease over the $527,500 median sale price for the same period of the previous year. There were eight homes sold in Riva in June 2016.

The following table compares Riva to other Anne Arundel County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Severna Park83830%$519,000$520,000-0.2%
Mayo1518-16.7%$489,000$485,0000.8%
Annapolis Neck2839-28.2%$465,000$390,00019.2%
Rock Anna13-66.7%$455,000$479,900-5.2%
Herald Harbor7616.7%$424,500$404,5004.9%
Riva12850%$407,750$527,500-22.7%
Cape St. Claire2029-31%$401,500$336,00019.5%
Woods Landing220%$388,000$396,250-2.1%
Bayside Beach330%$376,000$227,00065.6%
Belhaven Beach10-$370,000$0-
Annapolis978810.2%$370,000$345,5007.1%

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