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Saturday, November 23, 2024

Riverview home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Riverview rose by $80,100 while total sales increased by 66.7%, according to BlockShopper.com.

In January 2018, there were five homes sold, with a median sale price of $240,000 - a 50.1% increase over the $159,900 median sale price for the same period of the previous year. There were three homes sold in Riverview in January 2017.

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 January 2018.

The following table compares Riverview to other Kent County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Clayton1116-31.3%$290,000$131,000121.4%
Village at Chestnut Ridge100-$279,900$0-
Garrison Lake Green30-$270,000$0-
Hickory Ridge10-$262,900$0-
Dogwood Meadows10-$245,000$0-
Riverview5366.7%$240,000$159,90050.1%
Eagles Nest10-$238,000$0-
Misty Pines10-$230,000$0-
Felton Heights110%$219,900$159,80037.6%
Hartly550%$210,000$175,00120%
Voshell Mill21100%$206,450$259,000-20.3%

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