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Anne Arundel Today

Tuesday, November 26, 2024

Median home prices in Riva rose to $498,000 in October 2020

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The median sale price of a home sold in October 2020 in Riva rose by $128,000 while total sales decreased by 16.7%, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $498,000 - a 34.6% increase over the $370,000 median sale price for the same period of the previous year. There were six homes sold in Riva in October 2019.

The following table compares Riva to other Anne Arundel County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Severna Park645320.8%$625,000$515,00021.4%
Friendship110%$610,000$385,00058.4%
Briarwood21100%$572,500$355,00061.3%
Whispering Woods10-$555,000$0-
Annapolis Neck33330%$527,000$449,95017.1%
Riva56-16.7%$498,000$370,00034.6%
Mayo201442.9%$481,250$349,00037.9%
Parole373119.4%$455,000$336,00035.4%
Gambrills42100%$443,500$432,5002.5%
Arden on the Severn73133.3%$439,900$419,0005%
Arnold3538-7.9%$439,250$303,00045%

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