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Sunday, December 22, 2024

Riverview home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Riverview rose by $82,500 while total sales decreased by 60%, according to BlockShopper.com.

In August 2019, there were two homes sold, with a median sale price of $276,000 - a 42.6% increase over the $193,500 median sale price for the same period of the previous year. There were five homes sold in Riverview in August 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 August 2019.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Village at Chestnut Ridge94125%$339,900$336,462.501%
Star Hill14-75%$335,000$53,400527.3%
Garrison Lake Green51400%$322,000$305,5005.4%
Magnolia1720-15%$307,000$294,014.504.4%
Rising Sun-Lebanon660%$305,350$359,950-15.2%
Riverview25-60%$276,000$193,50042.6%
Cedarbrook Acres21100%$274,750$244,90012.2%
Clayton2130-30%$271,797$271,7500%
Brookfield10-$271,000$0-
Eagles Nest20-$269,950$0-
Ryans Run10-$267,000$0-

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