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Thursday, November 14, 2024

Mayo home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Mayo rose by $222,500 while total sales increased by 71.4%, according to BlockShopper.com.

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:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Riva330%$667,500$460,00045.1%
Crownsville42100%$533,550$860,000-38%
Annapolis Neck1120-45%$500,000$497,499.500.5%
Mayo12771.4%$497,500$275,00080.9%
Severna Park30287.1%$464,950$420,00010.7%
Tanager Forest20-$452,500$0-
Annapolis4353-18.9%$405,000$325,00024.6%
Gambrills21100%$395,875$428,313-7.6%
Belhaven Beach110%$394,000$435,000-9.4%
Parole24240%$385,000$378,5001.7%
Woods Landing20-$375,000$0-

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