The median sale price of a home sold in May 2017 in Mayo rose by $91,500 while total sales increased by 43.8%, according to BlockShopper.com.
In May 2017, there were 23 homes sold, with a median sale price of $482,000 – a 23.4% increase over the $390,500 median sale price for the same period of the previous year. There were 16 homes sold in Mayo in May 2016.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Crownsville | 2 | 1 | 100% | $642,000 | $505,000 | 27.1% |
| Carriage Hills | 1 | 0 | – | $610,000 | $0 | – |
| Annapolis Neck | 23 | 14 | 64.3% | $525,000 | $405,000 | 29.6% |
| Riva | 8 | 4 | 100% | $515,000 | $422,500 | 21.9% |
| Severna Park | 49 | 58 | -15.5% | $490,000 | $464,750 | 5.4% |
| Mayo | 23 | 16 | 43.8% | $482,000 | $390,500 | 23.4% |
| Riviera Isle | 2 | 1 | 100% | $480,450 | $129,800 | 270.1% |
| Tanager Forest | 1 | 0 | – | $450,000 | $0 | – |
| Parole | 32 | 35 | -8.6% | $390,000 | $350,000 | 11.4% |
| Deale | 12 | 14 | -14.3% | $372,450 | $310,550 | 19.9% |
| Cape St. Claire | 18 | 18 | 0% | $364,475 | $360,000 | 1.2% |
