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Monday, November 4, 2024

Riga home prices fall in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Riga fell by $36,000 while total sales increased by 80%, according to BlockShopper.com.

From January through June of 2017, there were nine homes sold, with a median sale price of $203,000 - a 15.1% decrease over the $239,000 median sale price for the same period of the previous year. There were five homes sold in Riga in the first half of 2016.

The following table compares Riga to other Monroe County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Pittsford19827633.3%$290,000$300,000-3.3%
Mendon284600%$283,000$272,0004%
Glen Edith110%$208,000$200,5003.7%
Riga9580%$203,000$239,000-15.1%
Fairport21731600%$186,000$165,00012.7%
Webster18740367.5%$178,400$185,450-3.8%
Grand View Beach30-$176,900$0-
Rush113266.7%$175,000$132,099.5532.5%
Penfield20046334.8%$175,000$184,500-5.1%
Churchville72250%$174,900$158,00010.7%
Brighton18131483.9%$172,500$160,0007.8%

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