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Anne Arundel Today

Wednesday, November 27, 2024

Riviera Isle home prices fall in the second half of 2018

Realestate3

The median sale price of a home sold in the second half of 2018 in Riviera Isle fell by $49,300 while total sales increased by 150%, according to BlockShopper.com.

From July through December of 2018, there were five homes sold, with a median sale price of $349,900 - a 12.3% decrease over the $399,200 median sale price for the same period of the previous year. There were two homes sold in Riviera Isle in the second half of 2017.

The following table compares Riviera Isle to other Anne Arundel County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Whispering Woods18-87.5%$362,500$404,450-10.4%
Annapolis270344-21.5%$360,000$360,0000%
Parole153179-14.5%$358,800$387,500-7.4%
Herald Harbor282227.3%$356,500$324,20010%
Friendship16-83.3%$349,900$330,0006%
Riviera Isle52150%$349,900$399,200-12.3%
Arnold196220-10.9%$349,500$345,0001.3%
Rock Creek Park4333.3%$344,500$270,00027.6%
Edgewater89120-25.8%$341,500$324,5005.2%
Rose Haven45-20%$340,000$294,00015.6%
Jessup710-30%$335,000$238,00040.8%

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