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Sunday, November 17, 2024

Mayo home prices rise in September 2018

Realestate1

The median sale price of a home sold in September 2018 in Mayo rose by $62,500 while total sales decreased by 16.7%, according to BlockShopper.com.

In September 2018, there were 10 homes sold, with a median sale price of $415,000 - a 17.7% increase over the $352,500 median sale price for the same period of the previous year. There were 12 homes sold in Mayo in September 2017.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Severna Park514027.5%$615,000$487,50026.2%
Carriage Hills10-$610,000$0-
Herald Harbor45-20%$530,000$343,20054.4%
Annapolis Neck1017-41.2%$515,000$475,0008.4%
Patuxent Manor20-$425,000$0-
Mayo1012-16.7%$415,000$352,50017.7%
Arden on the Severn3250%$415,000$395,2505%
Jessup10-$415,000$0-
Shady Side620-70%$392,450$275,95042.2%
Annapolis4259-28.8%$390,100$349,00011.8%
Cape St. Claire1819-5.3%$387,275$320,00021%

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