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Friday, November 15, 2024

The second quarter of 2019: Riviera Isle experienced a 5.1% increase in median home prices

Realestate077

The median sale price of a home sold in the second quarter of 2019 in Riviera Isle rose by $17,567 while total sales decreased by 40%, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $360,000 - a 5.1% increase over the $342,433 median sale price for the same period of the previous year. There were five homes sold in Riviera Isle in the second quarter of 2018.

The following table compares Riviera Isle 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)
North River Forest45-20%$375,500$341,00010.1%
Woods Landing28-75%$371,000$394,950-6.1%
Whispering Woods4333.3%$367,400$410,000-10.4%
Rose Haven20-$366,200$0-
Paradise Beach3250%$365,000$291,50025.2%
Riviera Isle35-40%$360,000$342,4335.1%
Patuxent Manor4333.3%$359,500$375,000-4.1%
Revell Downs716-56.3%$355,000$272,50030.3%
Arden on the Severn13862.5%$350,000$353,950-1.1%
Edgewater5455-1.8%$345,000$339,9001.5%
Severn17015211.8%$335,000$332,387.500.8%

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