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Maryland State Wire

Wednesday, May 8, 2024

Riva home prices rise in 2017

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The median sale price of a home sold in 2017 in Riva rose by $2,000 while total sales remained unchanged with 71 homes sold, according to BlockShopper.com.

From January through December of 2017, there were 71 homes sold, with a median sale price of $422,000 - a 0.5% increase over the $420,000 median sale price for the previous year. There were 71 homes sold in Riva in 2016, as well.

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

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Briarwood13785.7%$495,000$375,00032%
Severna Park556632-12%$485,000$468,0003.6%
Annapolis Neck2592436.6%$465,000$425,0009.4%
Galesville712-41.7%$455,000$517,000-12%
Tanager Forest52150%$450,000$382,37517.7%
Riva71710%$422,000$420,0000.5%
Mayo152159-4.4%$416,250$390,0006.7%
Gambrills3140-22.5%$410,000$449,500-8.8%
Woods Landing151136.4%$380,000$380,0000%
Parole347349-0.6%$377,500$348,0008.5%
Whispering Woods10825%$366,095$321,50013.9%

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