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Saturday, May 4, 2024

Riva home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Riva rose by $24,700 while total sales increased by 60%, according to BlockShopper.com.

In April 2017, there were eight homes sold, with a median sale price of $409,700 - a 6.4% increase over the $385,000 median sale price for the same period of the previous year. There were five homes sold in Riva in April 2016.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Paradise Beach110%$620,000$135,000359.3%
Briarwood10-$569,900$0-
Annapolis Neck18180%$457,500$525,555-12.9%
Severna Park4253-20.8%$449,500$417,0007.8%
Galesville10-$420,000$0-
Riva8560%$409,700$385,0006.4%
Rose Haven20-$398,700$0-
Gambrills25-60%$389,950$365,0006.8%
Herald Harbor62200%$382,750$268,762.5042.4%
Cape St. Claire1216-25%$382,450$281,25036%
Woods Landing110%$379,800$385,000-1.4%

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