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Tuesday, December 24, 2024

Riverview home prices fall in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Riverview fell by $10,000 while total sales increased by 72.7%, according to BlockShopper.com.

From October through December of 2019, there were 19 homes sold, with a median sale price of $200,000 - a 4.8% decrease over the $210,000 median sale price for the same period of the previous year. There were 11 homes sold in Riverview in the fourth quarter 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 fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Hunters Ridge110%$210,000$275,000-23.6%
Viola3250%$205,922$227,000-9.3%
Brookdale Heights5366.7%$205,000$175,50016.8%
Kenton73133.3%$202,500$68,000197.8%
Hartly1215-20%$202,500$145,00039.7%
Riverview191172.7%$200,000$210,000-4.8%
Milford1935-45.7%$199,995$141,50041.3%
Bush Manor20-$199,500$0-
Highland Acres1318-27.8%$199,000$234,950-15.3%
Dover184248-25.8%$189,900$178,2506.5%
Spruance City511-54.5%$185,000$200,000-7.5%

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