From July through September of 2018, there were 10 homes sold, with a median sale price of $490,500 - a 9.2% decrease over the $540,000 median sale price for the same period of the previous year. There were 13 homes sold in Riva in the third quarter of 2017.
The following table compares Riva to other Anne Arundel County cities with similar median sales prices in the third quarter of 2018:
City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Galesville | 2 | 4 | -50% | $720,000 | $1,025,000 | -29.8% |
Carriage Hills | 1 | 0 | - | $610,000 | $0 | - |
Briarwood | 2 | 4 | -50% | $514,950 | $480,000 | 7.3% |
Severna Park | 176 | 151 | 16.6% | $509,950 | $515,000 | -1% |
Annapolis Neck | 74 | 71 | 4.2% | $504,700 | $510,000 | -1% |
Riva | 10 | 13 | -23.1% | $490,500 | $540,000 | -9.2% |
Mayo | 46 | 42 | 9.5% | $432,500 | $370,000 | 16.9% |
Jessup | 2 | 4 | -50% | $428,250 | $347,450 | 23.3% |
Green Gables | 1 | 0 | - | $425,000 | $0 | - |
Greenwood Acres | 3 | 1 | 200% | $425,000 | $305,000 | 39.3% |
Patuxent Manor | 6 | 2 | 200% | $412,500 | $285,450 | 44.5% |