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Anne Arundel Today

Wednesday, July 9, 2025

Falling home prices in Riva in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Riva fell by $91,500 while total sales increased by 110%, according to BlockShopper.com.

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:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Tanager Forest10-$420,000$0-
Mayo554619.6%$416,000$432,500-3.8%
Greenwood Acres5366.7%$415,000$425,000-2.4%
Gambrills13862.5%$415,000$401,7503.3%
Whispering Woods30-$410,000$0-
Riva2110110%$399,000$490,500-18.7%
Venice on the Bay24-50%$397,500$319,00024.6%
Patuxent Manor46-33.3%$397,499.50$412,500-3.6%
Parole1058622.1%$395,500$352,90012.1%
Annapolis18815025.3%$393,000$373,5005.2%
North River Forest23-33.3%$390,750$283,00038.1%

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