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Thursday, November 14, 2024

Mayo home prices rise in May 2019

Realestate077

The median sale price of a home sold in May 2019 in Mayo rose by $114,500 while total sales decreased by 6.3%, according to BlockShopper.com.

In May 2019, there were 15 homes sold, with a median sale price of $488,000 - a 30.7% increase over the $373,500 median sale price for the same period of the previous year. There were 16 homes sold in Mayo in May 2018.

The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Crownsville31200%$885,000$800,00010.6%
Briarwood12-50%$632,000$552,00014.5%
Severna Park50492%$497,450$507,500-2%
Annapolis Neck181520%$489,999.50$575,000-14.8%
Mayo1516-6.3%$488,000$373,50030.7%
Tanager Forest10-$475,000$0-
Gambrills330%$470,000$381,90023.1%
Riva63100%$442,800$535,000-17.2%
Rock Anna12-50%$420,000$247,70069.6%
Belhaven Beach110%$415,000$875,000-52.6%
Cape St. Claire79-22.2%$405,000$386,0004.9%

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