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Maryland State Wire

Friday, November 22, 2024

Riva home prices fall in March 2018

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The median sale price of a home sold in March 2018 in Riva fell by $88,499 while total sales decreased by 66.7%, according to BlockShopper.com.

In March 2018, there were three homes sold, with a median sale price of $291,501 - a 23.3% decrease over the $380,000 median sale price for the same period of the previous year. There were nine homes sold in Riva in March 2017.

The following table compares Riva to other Anne Arundel County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Arden on the Severn31200%$330,000$439,900-25%
Maryland City1925-24%$323,500$250,00029.4%
Severn3539-10.3%$319,000$297,0007.4%
Odenton5669-18.8%$305,000$285,0007%
Shady Side12120%$304,950$212,50043.5%
Riva39-66.7%$291,501$380,000-23.3%
Crofton3043-30.2%$282,500$259,9008.7%
Deale511-54.5%$276,500$280,000-1.3%
Lake Shore2526-3.8%$264,000$307,932.50-14.3%
Linthicum1016-37.5%$260,000$253,5002.6%
Pasadena474017.5%$259,500$263,750-1.6%

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