Riga home prices fall in the second quarter of 2017

Riga home prices fall in the second quarter of 2017
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The median sale price of a home sold in the second quarter of 2017 in Riga fell by $14,050 while total sales increased by 33.3%, according to BlockShopper.com.

From April through June of 2017, there were four homes sold, with a median sale price of $168,450 – a 7.7% decrease over the $182,500 median sale price for the same period of the previous year. There were three homes sold in Riga in the second quarter of 2016.

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

City Apr. – June 2017 Home Sales Apr. – June 2016 Home Sales % change (Total Home Sales) Apr. – June 2017 Median Sales Price Apr. – June 2016 Median Sales Price % change (Median Sales Price)
Fairport 141 23 513% $189,900 $169,900 11.8%
Rush 6 2 200% $183,500 $120,549.78 52.2%
Penfield 120 31 287.1% $182,450 $175,000 4.3%
Wheatland Center 2 3 -33.3% $180,000 $152,088 18.4%
Brighton 120 17 605.9% $170,000 $205,000 -17.1%
Riga 4 3 33.3% $168,450 $182,500 -7.7%
Bailey 2 2 0% $155,900 $148,700 4.8%
Ogden Center 46 6 666.7% $147,500 $119,950 23%
Henrietta 109 17 541.2% $143,100 $141,000 1.5%
Clarkson 12 3 300% $140,275 $104,145 34.7%
Spencerport 16 3 433.3% $140,000 $146,000 -4.1%


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