From January through March of 2018, there were 27 homes sold, with a median sale price of $360,000 - a 8.6% decrease over the $394,000 median sale price for the same period of the previous year. There were 21 homes sold in Mayo in the first quarter of 2017.
The following table compares Mayo to other Anne Arundel County cities with similar median sales prices in the first quarter of 2018:
City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Parole | 62 | 72 | -13.9% | $377,750 | $376,500 | 0.3% |
Woods Landing | 2 | 1 | 100% | $375,000 | $365,000 | 2.7% |
Green Gables | 1 | 1 | 0% | $365,000 | $549,900 | -33.6% |
Riviera Isle | 2 | 1 | 100% | $363,500 | $337,000 | 7.9% |
Cape St. Claire | 27 | 28 | -3.6% | $362,000 | $326,000 | 11% |
Mayo | 27 | 21 | 28.6% | $360,000 | $394,000 | -8.6% |
Jessup | 3 | 7 | -57.1% | $359,900 | $327,900 | 9.8% |
North River Forest | 2 | 3 | -33.3% | $359,000 | $278,000 | 29.1% |
Briarwood | 3 | 3 | 0% | $350,000 | $355,000 | -1.4% |
Greenwood Acres | 1 | 2 | -50% | $350,000 | $374,750 | -6.6% |
Edgewater | 38 | 49 | -22.4% | $347,500 | $315,000 | 10.3% |