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Friday, November 15, 2024

Median home prices in Riva rose to $448,000 in the first half of 2019

Realestate5

The median sale price of a home sold in the first half of 2019 in Riva rose by $35,000 while total sales increased by 40.9%, according to BlockShopper.com.

From January through June of 2019, there were 31 homes sold, with a median sale price of $448,000 - a 8.5% increase over the $413,000 median sale price for the same period of the previous year. There were 22 homes sold in Riva in the first half of 2018.

The following table compares Riva 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)
Briarwood36-50%$515,000$352,50046.1%
Severna Park2532319.5%$489,900$494,000-0.8%
Tanager Forest13-66.7%$475,000$440,0008%
Gambrills221822.2%$454,750$458,375-0.8%
Annapolis Neck1169324.7%$450,000$475,000-5.3%
Riva312240.9%$448,000$413,0008.5%
Rock Anna36-50%$420,000$430,000-2.3%
Belhaven Beach52150%$415,000$634,500-34.6%
Arnold2122015.5%$411,000$340,00020.9%
Greenwood Acres440%$399,500$357,50011.7%
Mayo786225.8%$399,499.50$405,500-1.5%

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