The median sale price of a home sold in April 2017 in Mayo fell by $116,986 while total sales increased by 23.1%, according to BlockShopper.com.
In April 2017, there were 16 homes sold, with a median sale price of $318,014 – a 26.9% decrease over the $435,000 median sale price for the same period of the previous year. There were 13 homes sold in Mayo in April 2016.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in April 2017:
| City | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woods Landing | 1 | 1 | 0% | $379,800 | $385,000 | -1.4% |
| Venice on the Bay | 3 | 0 | – | $374,999 | $0 | – |
| Arnold | 42 | 45 | -6.7% | $352,450 | $277,000 | 27.2% |
| Parole | 27 | 26 | 3.8% | $350,000 | $289,887.50 | 20.7% |
| Crofton | 32 | 43 | -25.6% | $319,950 | $295,000 | 8.5% |
| Mayo | 16 | 13 | 23.1% | $318,014 | $435,000 | -26.9% |
| Arden on the Severn | 1 | 4 | -75% | $310,000 | $315,000 | -1.6% |
| Edgewater | 13 | 22 | -40.9% | $308,000 | $293,000 | 5.1% |
| Annapolis | 41 | 61 | -32.8% | $305,000 | $420,000 | -27.4% |
| Severn | 48 | 62 | -22.6% | $291,500 | $325,000 | -10.3% |
| Crownsville | 2 | 0 | – | $280,750 | $0 | – |
