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Thursday, November 7, 2024

How did home prices perform in Riviera Beach during the third quarter of 2020?

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The median sale price of a home sold in the third quarter of 2020 in Riviera Beach rose by $11,425 while total sales increased by 22.5%, according to BlockShopper.com.

From July through September of 2020, there were 87 homes sold, with a median sale price of $270,000 - a 4.4% increase over the $258,575 median sale price for the same period of the previous year. There were 71 homes sold in Riviera Beach in the third quarter of 2019.

The following table compares Riviera Beach to other Anne Arundel County cities with similar median sale prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Paradise Beach110%$330,000$515,000-35.9%
Lake Shore97100-3%$329,600$317,7503.7%
Linthicum4749-4.1%$320,000$295,0008.5%
Rock Anna67-14.3%$320,000$335,000-4.5%
Pasadena118157-24.8%$318,000$295,0007.8%
Ferndale4965-24.6%$285,000$245,90015.9%
Venice on the Bay220%$284,899.50$397,500-28.3%
Riviera Beach877122.5%$270,000$258,5754.4%
Glen Burnie252302-16.6%$261,000$248,0005.2%
Dulls Corner110%$175,000$612,000-71.4%
Brooklyn Park6676-13.2%$164,392$185,000-11.1%

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