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Saturday, November 16, 2024

Riverview home prices fall in September 2019

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The median sale price of a home sold in September 2019 in Riverview fell by $20,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In September 2019, there were two homes sold, with a median sale price of $225,000 - a 8.2% decrease over the $245,000 median sale price for the same period of the previous year. There were three homes sold in Riverview in September 2018.

The median sales tax in Riverview for the most recent year with available data, 2015, was $986, approximately 0.4% of the median home sale price for September 2019.

The following table compares Riverview to other Kent County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Viola30-$243,000$0-
Moores Lake Development20-$240,000$0-
John Char Estates10-$240,000$0-
Pennwood10-$239,500$0-
Cedarbrook Acres330%$232,000$209,90010.5%
Riverview23-33.3%$225,000$245,000-8.2%
Hammville10-$219,500$0-
Brookdale Heights10-$215,000$0-
Hudson Trails21100%$210,950$190,00011%
Wynn Wood15-80%$210,000$200,0005%
Ryans Run13-66.7%$198,975$185,1007.5%

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