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Maryland State Wire

Friday, April 26, 2024

Mayo home prices fall in April 2019

Realestate3

The median sale price of a home sold in April 2019 in Mayo fell by $30,001 while total sales increased by 160%, according to BlockShopper.com.

In April 2019, there were 13 homes sold, with a median sale price of $399,999 - a 7% decrease over the $430,000 median sale price for the same period of the previous year. There were five homes sold in Mayo in April 2018.

The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Belhaven Beach10-$515,000$0-
North River Forest30-$471,000$0-
Annapolis Neck252025%$439,000$479,500-8.4%
Riva82300%$403,500$667,000-39.5%
Arnold423327.3%$400,000$385,0003.9%
Mayo135160%$399,999$430,000-7%
Severna Park45427.1%$399,999$439,950-9.1%
Revell Downs23-33.3%$392,000$180,000117.8%
Paradise Beach110%$390,000$215,00081.4%
Cape St. Claire145180%$377,750$355,0006.4%
Parole25250%$375,000$505,000-25.7%

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