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Wednesday, October 16, 2024

Riverview home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Riverview fell by $44,000 while total sales decreased by 19%, according to BlockShopper.com.

From January through June of 2019, there were 17 homes sold, with a median sale price of $191,000 - a 18.7% decrease over the $235,000 median sale price for the same period of the previous year. There were 21 homes sold in Riverview in the first half of 2018.

The median sales tax in Riverview for the most recent year with available data, 2015, was $986, approximately 0.5% of the median home sale price for the first half of 2019.

The following table compares Riverview to other Kent County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Woodside220%$196,500$95,450105.9%
Cedarbrook Acres69-33.3%$196,000$190,0003.2%
Carlisle Village5366.7%$195,000$179,9008.4%
Hudson Trails24-50%$195,000$135,174.5044.3%
Eagles Nest13-66.7%$191,634$250,000-23.3%
Riverview1721-19%$191,000$235,000-18.7%
Dover383472-18.9%$185,000$160,55515.2%
Felton Heights84100%$182,500$212,400-14.1%
Viola7540%$179,000$180,000-0.6%
Marydel8714.3%$178,500$102,00075%
Brookdale Heights45-20%$177,500$205,000-13.4%

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