Pricing for the median home in Riviera Beach increased during January 2021

Medium realestate4

The median sale price of a home sold in January 2021 in Riviera Beach rose by $133,050 while total sales increased by 38.6%, according to

In January 2021, there were 97 homes sold, with a median sale price of $315,000 - a 73.1% increase over the $181,950 median sale price for the same period of the previous year. There were 70 homes sold in Riviera Beach in January 2020.

The median sales tax in Riviera Beach for the most recent year with available data, 2018, was $2,488, approximately 0.8% of the median home sale price for January 2021.

The following table compares Riviera Beach to other Palm Beach County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Palm Beach Gardens17913631.6%$367,500$330,00011.4%
North Palm Beach504025%$332,500$322,4503.1%
Uninc-33413/West Palm Beach Canal10-$325,000$0-
Riviera Beach977038.6%$315,000$181,95073.1%
Boca Raton (unincorporated)220233-5.6%$311,450$255,00022.1%
Delray Beach19515228.3%$295,000$262,50012.4%
Boynton Beach (unincorporated)23020512.2%$293,250$253,00015.9%
Royal Palm Beach (unincorporated)50484.2%$292,000$140,750107.5%

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