In May 2020, there were five homes sold, with a median sale price of $481,151 - a 7.4% increase over the $448,000 median sale price for the same period of the previous year. There were seven homes sold in Riva in May 2019.
The following table compares Riva to other Anne Arundel County cities with similar median sale prices in May 2020:
City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Arden on the Severn | 2 | 2 | 0% | $580,000 | $185,000 | 213.5% |
Gambrills | 3 | 3 | 0% | $540,000 | $470,000 | 14.9% |
Annapolis Neck | 15 | 21 | -28.6% | $526,500 | $489,999 | 7.4% |
Herald Harbor | 4 | 8 | -50% | $525,645 | $387,250 | 35.7% |
Severna Park | 54 | 60 | -10% | $492,500 | $507,250 | -2.9% |
Riva | 5 | 7 | -28.6% | $481,151 | $448,000 | 7.4% |
Parole | 29 | 33 | -12.1% | $461,000 | $389,900 | 18.2% |
Bayside Beach | 1 | 0 | - | $444,000 | $0 | - |
Crofton | 35 | 58 | -39.7% | $440,000 | $325,550 | 35.2% |
Riviera Isle | 1 | 2 | -50% | $439,000 | $383,750 | 14.4% |
Briarwood | 2 | 1 | 100% | $437,790 | $632,000 | -30.7% |