From October through December of 2019, there were 35 homes sold, with a median sale price of $397,000 - a 8.2% increase over the $367,000 median sale price for the same period of the previous year. There were 35 homes sold in Mayo in the fourth quarter of 2018, as well.
The following table compares Mayo to other Anne Arundel County cities with similar median sale prices in the fourth quarter of 2019:
City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bayside Beach | 2 | 3 | -33.3% | $414,450 | $239,000 | 73.4% |
Annapolis | 164 | 120 | 36.7% | $409,950 | $348,750 | 17.5% |
Greenwood Acres | 2 | 1 | 100% | $409,000 | $388,000 | 5.4% |
Riva | 20 | 10 | 100% | $402,500 | $371,000 | 8.5% |
Woods Landing | 1 | 2 | -50% | $399,900 | $374,500 | 6.8% |
Mayo | 35 | 35 | 0% | $397,000 | $367,000 | 8.2% |
Parole | 92 | 67 | 37.3% | $389,950 | $359,000 | 8.6% |
Edgewater | 65 | 43 | 51.2% | $387,500 | $302,500 | 28.1% |
Carriage Hills | 1 | 1 | 0% | $382,000 | $595,000 | -35.8% |
Belhaven Beach | 3 | 0 | - | $379,000 | $0 | - |
Riverwood | 1 | 1 | 0% | $371,000 | $290,000 | 27.9% |