From July through September of 2017, there were 42 homes sold, with a median sale price of $370,000 - a 10.3% decrease over the $412,500 median sale price for the same period of the previous year. There were 50 homes sold in Mayo in the third quarter of 2016.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in the third quarter of 2017:
City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Whispering Woods | 4 | 4 | 0% | $434,000 | $282,450 | 53.7% |
Tanager Forest | 1 | 1 | 0% | $433,000 | $391,750 | 10.5% |
Gambrills | 10 | 14 | -28.6% | $430,000 | $485,000 | -11.3% |
Parole | 99 | 97 | 2.1% | $407,000 | $370,000 | 10% |
Woods Landing | 7 | 3 | 133.3% | $380,000 | $338,999 | 12.1% |
Mayo | 42 | 50 | -16% | $370,000 | $412,500 | -10.3% |
Annapolis | 200 | 134 | 49.3% | $360,000 | $336,500 | 7% |
Cape St. Claire | 52 | 48 | 8.3% | $354,250 | $356,200 | -0.5% |
Jessup | 4 | 1 | 300% | $347,450 | $223,000 | 55.8% |
Friendship | 3 | 1 | 200% | $345,000 | $350,000 | -1.4% |
Arnold | 125 | 104 | 20.2% | $342,000 | $346,500 | -1.3% |