In January 2017, there were seven homes sold, with a median sale price of $275,000 - a 23% decrease over the $357,369 median sale price for the same period of the previous year. There were six homes sold in Mayo in January 2016.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in January 2017:
City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Arnold | 37 | 17 | 117.6% | $307,000 | $299,000 | 2.7% |
Whispering Woods | 1 | 0 | - | $305,000 | $0 | - |
Lake Shore | 28 | 9 | 211.1% | $300,950 | $219,000 | 37.4% |
Arden on the Severn | 3 | 3 | 0% | $300,000 | $335,000 | -10.4% |
Severn | 58 | 27 | 114.8% | $299,470.50 | $257,000 | 16.5% |
Mayo | 7 | 6 | 16.7% | $275,000 | $357,368.50 | -23% |
Crofton | 45 | 16 | 181.3% | $275,000 | $258,750 | 6.3% |
Shady Side | 15 | 8 | 87.5% | $260,000 | $215,750 | 20.5% |
North River Forest | 1 | 1 | 0% | $260,000 | $224,900 | 15.6% |
Patuxent Manor | 1 | 2 | -50% | $255,000 | $359,250 | -29% |
Maryland City | 9 | 19 | -52.6% | $254,900 | $252,000 | 1.2% |