From October through December of 2018, there were 35 homes sold, with a median sale price of $367,000 - a 12.6% decrease over the $420,000 median sale price for the same period of the previous year. There were 35 homes sold in Mayo in the fourth quarter of 2017, as well.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in the fourth quarter of 2018:
| City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Arden on the Severn | 5 | 7 | -28.6% | $387,900 | $380,000 | 2.1% |
| Cape St. Claire | 32 | 31 | 3.2% | $387,750 | $375,000 | 3.4% |
| Woods Landing | 2 | 4 | -50% | $374,500 | $402,500 | -7% |
| Briarwood | 2 | 3 | -33.3% | $372,500 | $360,000 | 3.5% |
| Riva | 10 | 11 | -9.1% | $371,000 | $370,000 | 0.3% |
| Mayo | 35 | 35 | 0% | $367,000 | $420,000 | -12.6% |
| Whispering Woods | 1 | 4 | -75% | $362,500 | $303,950 | 19.3% |
| Parole | 67 | 80 | -16.3% | $359,000 | $370,000 | -3% |
| Green Gables | 1 | 3 | -66.7% | $355,000 | $735,000 | -51.7% |
| Arnold | 87 | 95 | -8.4% | $353,000 | $355,000 | -0.6% |
| Herald Harbor | 19 | 10 | 90% | $352,000 | $302,500 | 16.4% |
Alerts Sign-up