From April through June of 2018, there were 35 homes sold, with a median sale price of $415,000 - a 10% decrease over the $460,900 median sale price for the same period of the previous year. There were 54 homes sold in Mayo in the second quarter of 2017.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in the second quarter of 2018:
City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Severna Park | 154 | 174 | -11.5% | $508,750 | $500,000 | 1.8% |
Riva | 12 | 28 | -57.1% | $480,500 | $409,700 | 17.3% |
Annapolis Neck | 54 | 69 | -21.7% | $477,000 | $491,252 | -2.9% |
Gambrills | 13 | 10 | 30% | $460,000 | $434,950 | 5.8% |
Galesville | 1 | 1 | 0% | $415,000 | $420,000 | -1.2% |
Mayo | 35 | 54 | -35.2% | $415,000 | $460,900 | -10% |
Parole | 102 | 96 | 6.3% | $410,000 | $372,500 | 10.1% |
Whispering Woods | 3 | 0 | - | $410,000 | $0 | - |
Bayside Beach | 1 | 3 | -66.7% | $400,000 | $376,000 | 6.4% |
Woods Landing | 8 | 3 | 166.7% | $394,950 | $379,800 | 4% |
Cape St. Claire | 37 | 50 | -26% | $375,500 | $370,000 | 1.5% |