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Friday, November 15, 2024

What happened to the median home price in Mayo during the second quarter of 2019?

Re 9

The median sale price of a home sold in the second quarter of 2019 in Mayo was unchanged while total sales increased by 28.6%, according to BlockShopper.com.

From April through June of 2019, there were 45 homes sold, with a median sale price of $415,000. There were 35 homes sold in Mayo in the second quarter of 2018, and the median sales price for the period was also $415,000.

The following table compares Mayo to other Anne Arundel County cities with similar median sale prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Annapolis Neck735435.2%$450,000$477,000-5.7%
Riva221283.3%$431,500$480,500-10.2%
Greenwood Acres23-33.3%$430,000$365,00017.8%
Carriage Hills20-$424,500$0-
Rock Anna14-75%$420,000$345,50021.6%
Mayo453528.6%$415,000$415,0000%
Arnold142143-0.7%$411,000$358,00014.8%
Annapolis1841821.1%$408,500$343,50018.9%
Cape St. Claire453721.6%$405,000$375,5007.9%
Parole96102-5.9%$385,000$410,000-6.1%
Herald Harbor201625%$380,950$372,2502.3%

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