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Friday, November 15, 2024

Riviera Beach home prices rose in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Riviera Beach rose by $15,000 while total sales decreased by 9.6%, according to BlockShopper.com.

From April through June of 2019, there were 75 homes sold, with a median sale price of $255,000 - a 6.3% increase over the $240,000 median sale price for the same period of the previous year. There were 83 homes sold in Riviera Beach in the second quarter of 2018.

The following table compares Riviera Beach to other Anne Arundel County cities with similar median sale prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Crofton1671529.9%$310,000$325,000-4.6%
Linthicum564330.2%$295,000$265,00011.3%
Pasadena128145-11.7%$285,000$287,500-0.9%
Maryland City664643.5%$282,500$304,950-7.4%
Venice on the Bay16-83.3%$268,000$338,012.50-20.7%
Galesville31200%$267,000$415,000-35.7%
Shady Side30287.1%$258,700$276,950-6.6%
Riviera Beach7583-9.6%$255,000$240,0006.3%
Ferndale645125.5%$237,750$233,7001.7%
Glen Burnie264284-7%$231,000$231,0000%
Brooklyn Park877910.1%$165,200$165,400-0.1%

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