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Friday, November 15, 2024

Riviera Beach median home prices rose by 3.1% in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Riviera Beach rose by $8,000 while total sales decreased by 24%, according to BlockShopper.com.

From April through June of 2020, there were 57 homes sold, with a median sale price of $263,000 - a 3.1% increase over the $255,000 median sale price for the same period of the previous year. There were 75 homes sold in Riviera Beach in the second quarter of 2019.

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

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Linthicum4856-14.3%$302,500$295,0002.5%
Deale23224.5%$299,000$331,000-9.7%
Jessup30-$290,000$0-
Revell Downs67-14.3%$288,500$355,000-18.7%
Galesville23-33.3%$283,500$267,0006.2%
Ferndale5364-17.2%$280,000$237,75017.8%
Riviera Beach5775-24%$263,000$255,0003.1%
Venice on the Bay21100%$253,950$268,000-5.2%
Glen Burnie196264-25.8%$250,000$231,0008.2%
Friendship110%$210,000$700,000-70%
Brooklyn Park6287-28.7%$157,500$165,200-4.7%

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