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Sunday, December 22, 2024

Riviera Isle home prices fall in the first quarter of 2019

Realestate1

The median sale price of a home sold in the first quarter of 2019 in Riviera Isle fell by $114,500 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2019, there were three homes sold, with a median sale price of $249,000 - a 31.5% decrease over the $363,500 median sale price for the same period of the previous year. There were two homes sold in Riviera Isle in the first quarter of 2018.

The following table compares Riviera Isle to other Anne Arundel County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Revell Downs11757.1%$277,000$219,00026.5%
Crofton8994-5.3%$270,000$276,000-2.2%
Pasadena99122-18.9%$260,000$251,5003.4%
Rock Anna220%$257,500$480,000-46.4%
Linthicum392369.6%$250,000$240,0004.2%
Riviera Isle3250%$249,000$363,500-31.5%
Riviera Beach5358-8.6%$238,000$230,2503.4%
Jessup330%$225,000$359,900-37.5%
Glen Burnie22720212.4%$215,000$220,250-2.4%
Ferndale433813.2%$210,000$203,1503.4%
Rock Creek Park110%$210,000$425,000-50.6%

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