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Sunday, May 25, 2025

Mayo home prices fall in 2018

Realestate3

The median sale price of a home sold in 2018 in Mayo fell by $11,250 while total sales decreased by 5.9%, according to BlockShopper.com.

From January through December of 2018, there were 143 homes sold, with a median sale price of $405,000 - a 2.7% decrease over the $416,250 median sale price for the previous year. There were 152 homes sold in Mayo in 2017.

The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Tanager Forest35-40%$440,000$450,000-2.2%
Rock Creek Park57-28.6%$410,000$275,00049.1%
Dulls Corner210-80%$410,000$533,250-23.1%
Whispering Woods510-50%$410,000$366,09512%
Riva4271-40.8%$407,500$422,000-3.4%
Mayo143152-5.9%$405,000$416,250-2.7%
Woods Landing1215-20%$390,000$380,0002.6%
Patuxent Manor135160%$385,000$330,00016.7%
Parole317347-8.6%$380,000$377,5000.7%
Cape St. Claire147161-8.7%$379,000$362,5004.6%
Greenwood Acres880%$376,500$322,00016.9%

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