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Friday, November 15, 2024

How did home prices perform in Riviera Isle during the first half of 2019?

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The median sale price of a home sold in the first half of 2019 in Riviera Isle fell by $15,433 while total sales decreased by 14.3%, according to BlockShopper.com.

From January through June of 2019, there were six homes sold, with a median sale price of $327,000 - a 4.5% decrease over the $342,433 median sale price for the same period of the previous year. There were seven homes sold in Riviera Isle in the first half of 2018.

The following table compares Riviera Isle 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)
Patuxent Manor7475%$351,000$382,500-8.2%
Herald Harbor342725.9%$349,950$365,000-4.1%
Arden on the Severn241384.6%$346,250$330,0004.9%
Woods Landing510-50%$345,000$392,450-12.1%
Severn31125422.4%$330,000$324,9501.6%
Riviera Isle67-14.3%$327,000$342,433-4.5%
Lake Shore154162-4.9%$326,450$290,00012.6%
Edgewater93930%$325,000$340,000-4.4%
Revell Downs1823-21.7%$320,000$259,00023.6%
Deale4051-21.6%$319,450$310,0003%
Odenton37132713.5%$310,000$300,0003.3%

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