Quantcast

Anne Arundel Today

Friday, November 15, 2024

Mayo home prices fall in May 2018

Realestate1

The median sale price of a home sold in May 2018 in Mayo fell by $108,500 while total sales decreased by 30.4%, according to BlockShopper.com.

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:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Woods Landing10-$395,000$0-
Arden on the Severn23-33.3%$387,000$285,00035.8%
Cape St. Claire918-50%$386,000$364,4755.9%
Arnold524418.2%$382,500$273,45039.9%
Gambrills330%$381,900$317,00020.5%
Mayo1623-30.4%$373,500$482,000-22.5%
Paradise Beach10-$368,000$0-
Annapolis6272-13.9%$366,250$335,0009.3%
Riverwood110%$360,000$250,00044%
Edgewater1925-24%$359,900$305,00018%
North River Forest21100%$351,750$270,00030.3%

MORE NEWS