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Thursday, November 14, 2024

Mayo home prices fall in January 2019

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The median sale price of a home sold in January 2019 in Mayo fell by $77,550 while total sales decreased by 16.7%, according to BlockShopper.com.

In January 2019, there were 10 homes sold, with a median sale price of $419,950 - a 15.6% decrease over the $497,500 median sale price for the same period of the previous year. There were 12 homes sold in Mayo in January 2018.

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

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Crownsville24-50%$512,750$533,550-3.9%
Annapolis Neck141127.3%$483,500$500,000-3.3%
Greenwood Acres10-$449,000$0-
Rock Anna10-$425,000$0-
North River Forest10-$425,000$0-
Mayo1012-16.7%$419,950$497,500-15.6%
Annapolis3643-16.3%$403,500$405,000-0.4%
Arnold272128.6%$399,900$335,00019.4%
Herald Harbor550%$370,000$305,00021.3%
Deale47-42.9%$357,950$339,5005.4%
Parole2024-16.7%$357,499.50$385,000-7.1%

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