In January 2018, there were 12 homes sold, with a median sale price of $497,500 - a 80.9% increase over the $275,000 median sale price for the same period of the previous year. There were seven homes sold in Mayo in January 2017.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in January 2018:
City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Riva | 3 | 3 | 0% | $667,500 | $460,000 | 45.1% |
Crownsville | 4 | 2 | 100% | $533,550 | $860,000 | -38% |
Annapolis Neck | 11 | 20 | -45% | $500,000 | $497,499.50 | 0.5% |
Mayo | 12 | 7 | 71.4% | $497,500 | $275,000 | 80.9% |
Severna Park | 30 | 28 | 7.1% | $464,950 | $420,000 | 10.7% |
Tanager Forest | 2 | 0 | - | $452,500 | $0 | - |
Annapolis | 43 | 53 | -18.9% | $405,000 | $325,000 | 24.6% |
Gambrills | 2 | 1 | 100% | $395,875 | $428,313 | -7.6% |
Belhaven Beach | 1 | 1 | 0% | $394,000 | $435,000 | -9.4% |
Parole | 24 | 24 | 0% | $385,000 | $378,500 | 1.7% |
Woods Landing | 2 | 0 | - | $375,000 | $0 | - |