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Sunday, October 6, 2024

April 2021: Mayo experienced a 61.5% increase in median home prices

Realestate5

The median sale price of a home sold in April 2021 in Mayo rose by $245,500 while total sales decreased by 40%, according to BlockShopper.com.

In April 2021, there were six homes sold, with a median sale price of $645,000 - a 61.5% increase over the $399,500 median sale price for the same period of the previous year. There were 10 homes sold in Mayo in April 2020.

The following table compares Mayo to other Anne Arundel County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Edgewater623-73.9%$725,000$350,000107.1%
Riva4333.3%$662,500$350,00089.3%
Dulls Corner10-$660,000$0-
Mayo610-40%$645,000$399,50061.5%
Annapolis Neck9812.5%$605,000$432,37539.9%
Severna Park1645-64.4%$551,245$558,000-1.2%
Cape St. Claire550%$455,000$384,70018.3%
Arnold2324-4.2%$450,000$380,00018.4%
Annapolis2933-12.1%$431,650$364,90018.3%
Severn2034-41.2%$430,000$386,95011.1%
Lake Shore17170%$415,000$325,00027.7%

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