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Sunday, December 22, 2024

Riva home prices rise in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Riva rose by $178,900 while total sales decreased by 10%, according to BlockShopper.com.

From January through March of 2019, there were nine homes sold, with a median sale price of $560,000 - a 46.9% increase over the $381,100 median sale price for the same period of the previous year. There were 10 homes sold in Riva in the first quarter of 2018.

The following table compares Riva 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)
Round View20-$712,400$0-
Dulls Corner20-$702,100$0-
Riva910-10%$560,000$381,10046.9%
Carriage Hills10-$525,000$0-
Crownsville660%$515,000$745,000-30.9%
Severna Park907716.9%$487,450$470,0003.7%
Gambrills8560%$480,000$456,7505.1%
Annapolis Neck433910.3%$450,000$455,000-1.1%
Arnold705820.7%$407,450$331,00023.1%
Greenwood Acres21100%$391,250$350,00011.8%
Green Gables21100%$377,000$365,0003.3%

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