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:
City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Severna Park | 64 | 53 | 20.8% | $625,000 | $515,000 | 21.4% |
Friendship | 1 | 1 | 0% | $610,000 | $385,000 | 58.4% |
Briarwood | 2 | 1 | 100% | $572,500 | $355,000 | 61.3% |
Whispering Woods | 1 | 0 | - | $555,000 | $0 | - |
Annapolis Neck | 33 | 33 | 0% | $527,000 | $449,950 | 17.1% |
Riva | 5 | 6 | -16.7% | $498,000 | $370,000 | 34.6% |
Mayo | 20 | 14 | 42.9% | $481,250 | $349,000 | 37.9% |
Parole | 37 | 31 | 19.4% | $455,000 | $336,000 | 35.4% |
Gambrills | 4 | 2 | 100% | $443,500 | $432,500 | 2.5% |
Arden on the Severn | 7 | 3 | 133.3% | $439,900 | $419,000 | 5% |
Arnold | 35 | 38 | -7.9% | $439,250 | $303,000 | 45% |