From July through September of 2019, there were 55 homes sold, with a median sale price of $416,000 - a 3.8% decrease over the $432,500 median sale price for the same period of the previous year. There were 46 homes sold in Mayo in the third quarter of 2018.
The following table compares Mayo to other Anne Arundel County cities with similar median sale prices in the third quarter of 2019:
City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Severna Park | 207 | 176 | 17.6% | $512,500 | $509,950 | 0.5% |
Annapolis Neck | 62 | 74 | -16.2% | $505,000 | $504,700 | 0.1% |
Herald Harbor | 18 | 9 | 100% | $502,500 | $386,000 | 30.2% |
Green Gables | 1 | 1 | 0% | $449,000 | $425,000 | 5.6% |
Tanager Forest | 1 | 0 | - | $420,000 | $0 | - |
Mayo | 55 | 46 | 19.6% | $416,000 | $432,500 | -3.8% |
Greenwood Acres | 5 | 3 | 66.7% | $415,000 | $425,000 | -2.4% |
Gambrills | 13 | 8 | 62.5% | $415,000 | $401,750 | 3.3% |
Whispering Woods | 3 | 0 | - | $410,000 | $0 | - |
Riva | 21 | 10 | 110% | $399,000 | $490,500 | -18.7% |
Venice on the Bay | 2 | 4 | -50% | $397,500 | $319,000 | 24.6% |