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Sunday, May 25, 2025

Mayo home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Mayo fell by $107,000 while total sales increased by 37.5%, according to BlockShopper.com.

In December 2018, there were 11 homes sold, with a median sale price of $320,000 - a 25.1% decrease over the $427,000 median sale price for the same period of the previous year. There were eight homes sold in Mayo in December 2017.

The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Whispering Woods110%$362,500$399,900-9.4%
Lake Shore1325-48%$340,900$290,00017.6%
Arden on the Severn12-50%$339,900$424,000-19.8%
Severn4146-10.9%$328,000$307,5006.7%
Maryland City1819-5.3%$324,500$310,0004.7%
Mayo11837.5%$320,000$427,000-25.1%
Arnold2835-20%$316,250$420,000-24.7%
Annapolis403417.6%$311,250$320,000-2.7%
Edgewater15147.1%$293,250$336,450-12.8%
Jessup330%$288,000$205,00040.5%
Linthicum11110%$280,000$273,0442.5%

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