The Riviera housing market is somewhat competitive. The median sale price of a home in Riviera was $1.8M last month, up 11.6% since last year. The median sale price per square foot in Riviera is $847, up 12.7% since last year.
In March 2024, Riviera home prices were up 11.6% compared to last year, selling for a median price of $1.8M. On average, homes in Riviera sell after 62 days on the market compared to 77 days last year. There were 30 homes sold in March this year, down from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,750,000
+11.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Riviera, FL
$1,750,000
+11.6%
United States
To compare other locations to the Riviera and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Coral Gables add value to a home.
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How hot is the Riviera housing market?
Riviera is somewhat competitive. Homes sell in 56 days.
0
100
43
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 56 days.
Hot homes
can sell for around list price and go pending in around 21 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Henry S. West Laboratory School
Public • K-8 • Choice school
369
Students
46 reviews
10/10
Sunset Elementary School
Public • PreK-5
1188
Students
34 reviews
NR
Coral Gables Senior High Adult Education
Public • N/A • Choice school
-
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Riviera housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Riviera.
Risk Factor
Flood Factor - Major
83% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Riviera has a major risk of flooding. 960 properties in Riviera are likely to be
severely affected
by flooding over the next 30 years. This represents 83% of all properties in Riviera. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Riviera has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Riviera is most at risk from hurricanes. 3,043 properties in Riviera have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 188 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 202 mph.