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Anne Arundel Today

Thursday, October 10, 2024

Mayo median home prices fell by 21% in May 2020

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The median sale price of a home sold in May 2020 in Mayo fell by $97,500 while total sales decreased by 29.4%, according to BlockShopper.com.

In May 2020, there were 12 homes sold, with a median sale price of $367,500 - a 21% decrease over the $465,000 median sale price for the same period of the previous year. There were 17 homes sold in Mayo in May 2019.

The following table compares Mayo to other Anne Arundel County cities with similar median sale prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Annapolis565012%$433,250$375,00015.5%
Cape St. Claire813-38.5%$428,000$405,0005.7%
Arnold463339.4%$397,500$365,0008.9%
Deale9580%$375,000$319,00017.6%
Odenton3551-31.4%$369,000$281,70031%
Mayo1217-29.4%$367,500$465,000-21%
Patuxent Manor110%$355,000$379,000-6.3%
Severn4661-24.6%$355,000$350,0001.4%
Linthicum211450%$340,500$274,00024.3%
Maryland City1419-26.3%$340,500$277,00022.9%
Pasadena3944-11.4%$314,000$280,95011.8%

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