The median sale price of a home sold in the fourth quarter of 2021 in Riva rose by $27,000 while total sales decreased by 61.9%, according to BlockShopper.com.
From October through December of 2021, there were eight homes sold, with a median sale price of $525,000 – a 5.4% increase over the $498,000 median sale price for the same period of the previous year. There were 21 homes sold in Riva in the fourth quarter of 2020.
The following table compares Riva to other Anne Arundel County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. – Dec. 2021 Home Sales | Oct. – Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2021 Median Sales Price | Oct. – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Annapolis | 61 | 187 | -67.4% | $580,000 | $450,000 | 28.9% |
| Severna Park | 85 | 165 | -48.5% | $571,000 | $564,900 | 1.1% |
| Gambrills | 5 | 8 | -37.5% | $565,000 | $407,500 | 38.7% |
| Annapolis Neck | 31 | 91 | -65.9% | $556,000 | $550,000 | 1.1% |
| Greenwood Acres | 1 | 1 | 0% | $555,900 | $350,000 | 58.8% |
| Riva | 8 | 21 | -61.9% | $525,000 | $498,000 | 5.4% |
| Deale | 8 | 27 | -70.4% | $472,500 | $435,000 | 8.6% |
| Venice on the Bay | 1 | 6 | -83.3% | $455,000 | $326,000 | 39.6% |
| Cape St. Claire | 16 | 42 | -61.9% | $443,000 | $393,000 | 12.7% |
| Severn | 59 | 169 | -65.1% | $439,900 | $375,000 | 17.3% |
| Parole | 35 | 96 | -63.5% | $437,500 | $414,750 | 5.5% |
