From July through September of 2019, there were 21 homes sold, with a median sale price of $399,000 - a 18.7% decrease over the $490,500 median sale price for the same period of the previous year. There were 10 homes sold in Riva in the third quarter of 2018.
The following table compares Riva to other Anne Arundel County cities with similar median sale prices in the third quarter of 2019:
City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Tanager Forest | 1 | 0 | - | $420,000 | $0 | - |
Mayo | 55 | 46 | 19.6% | $416,000 | $432,500 | -3.8% |
Greenwood Acres | 5 | 3 | 66.7% | $415,000 | $425,000 | -2.4% |
Gambrills | 13 | 8 | 62.5% | $415,000 | $401,750 | 3.3% |
Whispering Woods | 3 | 0 | - | $410,000 | $0 | - |
Riva | 21 | 10 | 110% | $399,000 | $490,500 | -18.7% |
Venice on the Bay | 2 | 4 | -50% | $397,500 | $319,000 | 24.6% |
Patuxent Manor | 4 | 6 | -33.3% | $397,499.50 | $412,500 | -3.6% |
Parole | 105 | 86 | 22.1% | $395,500 | $352,900 | 12.1% |
Annapolis | 188 | 150 | 25.3% | $393,000 | $373,500 | 5.2% |
North River Forest | 2 | 3 | -33.3% | $390,750 | $283,000 | 38.1% |