From July through December of 2017, there were 77 homes sold, with a median sale price of $405,000 - a 1.3% increase over the $399,900 median sale price for the same period of the previous year. There were 79 homes sold in Mayo in the second half of 2016.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in the second half of 2017:
City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Severna Park | 283 | 338 | -16.3% | $487,500 | $474,927.50 | 2.6% |
Annapolis Neck | 129 | 132 | -2.3% | $445,000 | $435,000 | 2.3% |
Tanager Forest | 3 | 1 | 200% | $433,000 | $391,750 | 10.5% |
Riva | 24 | 42 | -42.9% | $426,000 | $418,500 | 1.8% |
Gambrills | 15 | 23 | -34.8% | $415,000 | $470,000 | -11.7% |
Mayo | 77 | 79 | -2.5% | $405,000 | $399,900 | 1.3% |
Whispering Woods | 8 | 7 | 14.3% | $404,450 | $325,500 | 24.3% |
Riviera Isle | 2 | 5 | -60% | $399,200 | $180,090 | 121.7% |
Greenwood Acres | 2 | 10 | -80% | $395,000 | $323,000 | 22.3% |
Parole | 179 | 173 | 3.5% | $387,500 | $360,000 | 7.6% |
Riverwood | 2 | 4 | -50% | $385,000 | $356,500 | 8% |