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Anne Arundel Today

Thursday, November 7, 2024

Median home prices in Mayo rose to $455,000 in the third quarter of 2020

Realestate5

The median sale price of a home sold in the third quarter of 2020 in Mayo rose by $39,000 while total sales increased by 10.9%, according to BlockShopper.com.

From July through September of 2020, there were 61 homes sold, with a median sale price of $455,000 - a 9.4% increase over the $416,000 median sale price for the same period of the previous year. There were 55 homes sold in Mayo in the third quarter of 2019.

The following table compares Mayo to other Anne Arundel County cities with similar median sale prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Galesville30-$525,000$0-
Gambrills913-30.8%$516,000$415,00024.3%
Rock Creek Park220%$501,000$357,00040.3%
Greenwood Acres15-80%$475,000$415,00014.5%
Belhaven Beach26-66.7%$466,000$294,50058.2%
Mayo615510.9%$455,000$416,0009.4%
Annapolis173188-8%$455,000$393,00015.8%
Cape St. Claire4344-2.3%$430,000$390,00010.3%
Arden on the Severn13128.3%$422,500$355,00019%
Arnold119151-21.2%$420,000$375,00012%
Parole97105-7.6%$405,000$395,5002.4%

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