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Anne Arundel Today

Wednesday, November 13, 2024

Mayo home prices rise in July 2018

Realestate5

The median sale price of a home sold in July 2018 in Mayo rose by $51,000 while total sales increased by 47.1%, according to BlockShopper.com.

In July 2018, there were 25 homes sold, with a median sale price of $448,500 - a 12.8% increase over the $397,500 median sale price for the same period of the previous year. There were 17 homes sold in Mayo in July 2017.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Galesville10-$1,150,000$0-
Little John10-$775,000$0-
Gambrills14-75%$560,000$308,75081.4%
Severna Park665129.4%$513,500$540,000-4.9%
Annapolis Neck322623.1%$485,950$580,000-16.2%
Mayo251747.1%$448,500$397,50012.8%
Jessup110%$441,500$450,000-1.9%
Greenwood Acres30-$425,000$0-
Patuxent Manor20-$412,500$0-
Edgewater17166.3%$399,000$340,00017.4%
Parole2431-22.6%$376,000$400,000-6%

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