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Anne Arundel Today

Tuesday, November 5, 2024

Pricing for the median home in Mayo increased during the first half of 2021

Realestate5

The median sale price of a home sold in the first half of 2021 in Mayo rose by $31,500 while total sales decreased by 18.2%, according to BlockShopper.com.

From January through June of 2021, there were 54 homes sold, with a median sale price of $445,000 - a 7.6% increase over the $413,500 median sale price for the same period of the previous year. There were 66 homes sold in Mayo in the first half of 2020.

The following table compares Mayo to other Anne Arundel County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Severna Park193274-29.6%$550,000$510,0007.8%
Carriage Hills110%$500,000$560,000-10.7%
Gambrills1219-36.8%$461,700$550,000-16.1%
Green Gables110%$456,000$290,00057.2%
Rock Anna45-20%$455,000$520,000-12.5%
Mayo5466-18.2%$445,000$413,5007.6%
Parole136161-15.5%$438,850$427,0002.8%
Herald Harbor1925-24%$435,000$372,90016.7%
Annapolis242264-8.3%$429,500$380,00013%
Cape St. Claire5658-3.4%$419,950$377,50011.2%
Arden on the Severn181612.5%$419,500$377,50011.1%

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