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Anne Arundel Today

Thursday, November 7, 2024

Pricing for the median home in Riva increased during the third quarter of 2020

Realestate5

The median sale price of a home sold in the third quarter of 2020 in Riva rose by $200,000 while total sales decreased by 38.1%, according to BlockShopper.com.

From July through September of 2020, there were 13 homes sold, with a median sale price of $599,000 - a 50.1% increase over the $399,000 median sale price for the same period of the previous year. There were 21 homes sold in Riva in the third quarter of 2019.

The following table compares Riva 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)
Crownsville10825%$1,037,500$767,50035.2%
Round View12-50%$905,700$637,166.5042.1%
Little John14-75%$725,000$975,000-25.6%
Carriage Hills31200%$626,000$595,0005.2%
Annapolis Neck886241.9%$615,000$505,00021.8%
Riva1321-38.1%$599,000$399,00050.1%
Bayside Beach31200%$590,000$365,00061.6%
Briarwood3250%$559,900$760,312.50-26.4%
Riviera Isle110%$555,000$300,00085%
Severna Park187207-9.7%$545,000$512,5006.3%
Galesville30-$525,000$0-

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