In April, there were 11 homes sold, with a median sale price of $600,000 - a seven percent decrease from the $645,000 median sale price for the same period of the previous year. There were six homes sold in Mayo in April 2021.
The following table compares Mayo to other Anne Arundel County cities with similar median sale prices in April:
City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gambrills | 1 | 1 | 0 | $935,000 | $267,800 | 249.1 |
Annapolis Neck | 19 | 9 | 111.1 | $760,000 | $605,000 | 25.6 |
Arden on the Severn | 2 | 0 | - | $712,500 | $0 | - |
Severna Park | 26 | 16 | 62.5 | $710,000 | $551,245 | 28.8 |
Herald Harbor | 4 | 2 | 100 | $688,750 | $362,500 | 90 |
Mayo | 11 | 6 | 83.3 | $600,000 | $645,000 | -7 |
Riva | 3 | 4 | -25 | $580,000 | $662,500 | -12.5 |
North River Forest | 2 | 1 | 100 | $510,000 | $310,000 | 64.5 |
Edgewater | 7 | 6 | 16.7 | $507,500 | $725,000 | -30 |
Annapolis | 31 | 29 | 6.9 | $500,000 | $431,650 | 15.8 |
Woods Landing | 1 | 1 | 0 | $464,000 | $374,000 | 24.1 |