What happened to the median home price in Riviera Isle during the fourth quarter of 2021?

What happened to the median home price in Riviera Isle during the fourth quarter of 2021?
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The median sale price of a home sold in the fourth quarter of 2021 in Riviera Isle fell by $77,450 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From October through December of 2021, there were two homes sold, with a median sale price of $380,000 – a 16.9% decrease over the $457,450 median sale price for the same period of the previous year. There were two homes sold in Riviera Isle in the fourth quarter of 2020, as well.

The following table compares Riviera Isle 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)
Lake Shore 51 89 -42.7% $416,250 $380,000 9.5%
Arnold 47 110 -57.3% $412,000 $437,000 -5.7%
Jessup 1 1 0% $400,000 $230,000 73.9%
Maryland City 22 42 -47.6% $387,500 $317,500 22%
Odenton 83 197 -57.9% $380,000 $327,000 16.2%
Riviera Isle 2 2 0% $380,000 $457,450 -16.9%
Woods Landing 2 1 100% $376,625 $435,000 -13.4%
North River Forest 3 3 0% $370,000 $435,000 -14.9%
Edgewater 27 67 -59.7% $368,000 $375,000 -1.9%
Linthicum 12 38 -68.4% $367,500 $330,000 11.4%
Revell Downs 4 10 -60% $352,625 $312,500 12.8%


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