In May 2018, there were 16 homes sold, with a median sale price of $373,500 - a 22.5% decrease over the $482,000 median sale price for the same period of the previous year. There were 23 homes sold in Mayo in May 2017.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in May 2018:
City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Woods Landing | 1 | 0 | - | $395,000 | $0 | - |
Arden on the Severn | 2 | 3 | -33.3% | $387,000 | $285,000 | 35.8% |
Cape St. Claire | 9 | 18 | -50% | $386,000 | $364,475 | 5.9% |
Arnold | 52 | 44 | 18.2% | $382,500 | $273,450 | 39.9% |
Gambrills | 3 | 3 | 0% | $381,900 | $317,000 | 20.5% |
Mayo | 16 | 23 | -30.4% | $373,500 | $482,000 | -22.5% |
Paradise Beach | 1 | 0 | - | $368,000 | $0 | - |
Annapolis | 62 | 72 | -13.9% | $366,250 | $335,000 | 9.3% |
Riverwood | 1 | 1 | 0% | $360,000 | $250,000 | 44% |
Edgewater | 19 | 25 | -24% | $359,900 | $305,000 | 18% |
North River Forest | 2 | 1 | 100% | $351,750 | $270,000 | 30.3% |