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Maryland State Wire

Tuesday, April 22, 2025

Riva home prices fall in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Riva fell by $10,300 while total sales increased by 64.7%, according to BlockShopper.com.

From April through June of 2017, there were 28 homes sold, with a median sale price of $409,700 - a 2.5% decrease over the $420,000 median sale price for the same period of the previous year. There were 17 homes sold in Riva in the second quarter of 2016.

The following table compares Riva to other Anne Arundel County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Gambrills10100%$434,950$407,5006.7%
Rose Haven41300%$434,500$222,00095.7%
Crownsville5366.7%$429,000$850,000-49.5%
Paradise Beach23-33.3%$422,500$350,00020.7%
Galesville12-50%$420,000$570,000-26.3%
Riva281764.7%$409,700$420,000-2.5%
Riviera Isle42100%$408,000$199,900104.1%
Woods Landing34-25%$379,800$386,250-1.7%
Bayside Beach35-40%$376,000$263,00043%
Parole96110-12.7%$372,500$356,229.504.6%
Cape St. Claire5063-20.6%$370,000$325,00013.8%

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