Riva Maryland Waterfront Homes For Sale - July 2011

By
Real Estate Agent with Coldwell Banker Residential Brokerage

Riva Maryland Waterfront Homes For Sale - July 2011

Waterfront cottages and estates alike line the Northern shore of the South River in Riva Maryland.  Located in central Maryland, the area is known for it's tranquil country-side as well as it's wealth of history, culture and eloquence.  Riva is located close to downtown Annapolis with its nightlife and trendy shopping, a short drive to Baltimore-Washington International airport with domestic and international service, and within easy commuting distance to downtown Washington DC and the heart of Baltimore City.

Riva Maryland Watefront Homes For Sale

There are 24 Riva waterfront homes for sale today. The average asking price is $712,483 and they have been on the market an average of 105 days. The minimum asking price for active listings is $185,000, with a maximum asking price of $1,950,000, and the median asking price is $512,000. For the list of Riva Maryland waterfront homes for sale click here.

There are 7 waterfront properties under contract in Riva today. The average asking price is $440,614 and they have been on the market an average of 78 days. The minimum asking price for listings under contract is $299,900, with a maximum asking price of $649,000, and the median asking price is $440,614. For the list of waterfront homes under contract in Riva click here.

In the last 90 days there have been 4 waterfront home sold in Riva Maryland. The asking price was $487,472 and they have been on the market an average of 17 days.  The minimum asking price for sold listings was $235,000, with a maximum asking price of $669,888, and the median asking price of $522,500.

The average sold price for Riva waterfront homes was $458,750 for a 94.27% sold-to-list ratio from their original listing price and a 94.27% sold-to-list ratio from the list price at the time of the sale (the same, therefore no price reductions during the period they were actively listed). The minimum sold price was $235,000, with a maximum sold price of $482,500, and the median sold price was $458,750. For the list of waterfront homes sold in the last 90 days in Riva Maryland click here.

With only 4 waterfront home selling in the last 90 days in Riva Maryland, there is a 18 month inventory of homes for sale on the water. This really is a remarkable time for qualified buyers to consider buying waterfront property because:

  • Riva Waterfront homes are very affordable right now
  • Interest rates are low even on jumbo mortgages
  • Excellent financing options are available for qualifying buyers
  • Timing is everything when it comes to finding just the right Riva waterfront venue
  • Waterfront home ownership is still the everyone's dream

 South River Waterfront Homes For Sale

NOTE: All data as of July 24, 2011.

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Posted by

Stephen Howell, Sales Associate, Coldwell Banker Residential Brokerage, Annapolis, MarylandIf you are interested in buying a home in Annapolis, Maryland or the surrounding area and want to tour any property currently on the market, or if you have a home to sell in Annapolis, Maryland and want a professional consultation on current market conditions, please contact Stephen Howell at 443-994-8043 or e-mail him at showell@liveinannapolis.com or visit his website at LiveInAnnapolis.com.

Stephen Howell came to Annapolis to enjoy the Chesapeake bay in 1994. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Annapolis, Maryland. You'll find that with the right professional by your side, you can Live the lifestyle and live, work and play in Annapolis Maryland.

Stephen Howell and Jackson (his hound-mix from the HSSC) maintains residences on the Chesapeake Bay in Annapolis, Maryland and Gulf Coast in Sarasota, Florida. He works in the Annapolis, Maryland real estate market. His website lets people search the Annapolis Maryland area MLS. Buyers can also search for waterfront homes along the Cheasapeake Bay. His website has current real estate data on Annapolis, Maryland.

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