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Maryland State Wire

Wednesday, April 23, 2025

Riva home prices rise in August 2017

Realestate5

The median sale price of a home sold in August 2017 in Riva rose by $139,000 while total sales increased by 16.7%, according to BlockShopper.com.

In August 2017, there were seven homes sold, with a median sale price of $550,000 - a 33.8% increase over the $411,000 median sale price for the same period of the previous year. There were six homes sold in Riva in August 2016.

The following table compares Riva to other Anne Arundel County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Crownsville31200%$1,212,500$275,000340.9%
Galesville31200%$750,000$599,00025.2%
Amberly110%$710,000$556,62027.6%
Friendship10-$575,000$0-
Riva7616.7%$550,000$411,00033.8%
Severna Park6070-14.3%$496,500$485,1252.3%
Briarwood20-$470,000$0-
Annapolis Neck282321.7%$452,250$425,0006.4%
Gambrills3250%$450,000$617,450-27.1%
Parole41387.9%$415,000$377,5009.9%
Venice on the Bay12-50%$405,000$263,709.5053.6%

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