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Friday, November 15, 2024

Rising home prices in Riviera Beach in the first half of 2019

Realestate077

The median sale price of a home sold in the first half of 2019 in Riviera Beach rose by $10,000 while total sales decreased by 9.2%, according to BlockShopper.com.

From January through June of 2019, there were 128 homes sold, with a median sale price of $245,000 - a 4.3% increase over the $235,000 median sale price for the same period of the previous year. There were 141 homes sold in Riviera Beach in the first half of 2018.

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

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Crofton2562464.1%$289,450$318,950-9.2%
Linthicum956643.9%$285,000$252,50012.9%
Pasadena227267-15%$280,000$270,0003.7%
Shady Side5859-1.7%$277,250$274,9000.9%
Galesville330%$267,000$415,000-35.7%
Riviera Beach128141-9.2%$245,000$235,0004.3%
Ferndale1078920.2%$225,000$224,9000%
Jessup36-50%$225,000$315,000-28.6%
Glen Burnie4914861%$224,900$227,125-1%
Rock Creek Park110%$210,000$425,000-50.6%
Venice on the Bay36-50%$185,000$338,012.50-45.3%

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