From January through June of 2018, there were 62 homes sold, with a median sale price of $405,500 - a 7.8% decrease over the $440,000 median sale price for the same period of the previous year. There were 75 homes sold in Mayo in the first half of 2017.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Whispering Woods | 4 | 2 | 100% | $435,500 | $289,544.50 | 50.4% |
Rock Anna | 6 | 3 | 100% | $430,000 | $255,000 | 68.6% |
Rock Creek Park | 1 | 4 | -75% | $425,000 | $279,950 | 51.8% |
Galesville | 3 | 2 | 50% | $415,000 | $390,000 | 6.4% |
Riva | 22 | 47 | -53.2% | $413,000 | $415,000 | -0.5% |
Mayo | 62 | 75 | -17.3% | $405,500 | $440,000 | -7.8% |
Bayside Beach | 1 | 4 | -75% | $400,000 | $278,440 | 43.7% |
Parole | 164 | 168 | -2.4% | $399,950 | $375,000 | 6.7% |
Woods Landing | 10 | 4 | 150% | $392,450 | $374,400 | 4.8% |
Patuxent Manor | 4 | 3 | 33.3% | $382,500 | $330,000 | 15.9% |
Cape St. Claire | 64 | 78 | -17.9% | $370,750 | $363,750 | 1.9% |