Do you want to know what Severna Park Maryland homes are selling for? If so, then you're in the right place! You’ll find answers to questions like:
- How do actual selling prices compare to listing prices in Severna Park Maryland?
- How many unsold homes are there in Severna Park Maryland?
- How long are homes on the market in Severna Park Maryland?
- Is it a buyer's market or seller's market in Severna Park Maryland?
Severna Park is located on the on the upper Broadneck Peninsula in Anne Arundel County. Severna Park is within easy commuting distance of Washington DC and Baltimore, as well as being close to Fort Meade and NSA, and only a short drive from Baltimore Washington International ("BWI") airport. Severna Park is bordered on one side by the Magothy River and the other side by the Severn River. There are many waterfront communities with cottages and castles along the both shores. Severna Park boast an excellent and well regarded school system.
Severna Park includes sub-divisions and neighborhoods like Belleview Estates, Benfield Manor, Berrywood, Bluff Point On Severn, Cape Arthur, Carrollton Manor, Chartridge, Chartwell On Severn, Chartwood, Cypress Landing, Dunkeld Manor, Evergreen Estates, Linstead On Severn, Magothy Beach, Manhattan Manor, Mckinsey Park, North Cape Arthur, Oakleigh Forest, Oaks Of Severna Park, Rivendell, Robinson Place, Round Bay, Sabrina Park, Severn Acres, Severna Gardens, St Francis Forest, Stewarts Landing, West Riverdale, Westridge, Woodbridge Forest and others.
Start searching today among the Severna Park Maryland homes for sale for your perfect place to live.
There are 164 Severna Park homes for sale today. The average asking price is $724,620 and they have been on the market an average of 223 days. The minimum asking price for Severna Park homes is $170,000 and a maximum asking price of $6,499,900.
The chart (below) tracks "New Pendings" for Severna Park Maryland and shows the number of contracts ratified each month and is the best indication of the direction of the market.
There are 31 Severna Park homes under contract today. The average asking price is $49,3222 and they were on the market an average of 176 days. The minimum asking price for Severna Park homes under contract is $235,000 and a maximum asking price of $1,400,000.
In the last 90 days there were 60 homes sold in Severna Park Maryland. The average list price was $495,119 and they were on the market for an average of 93 days. The minimum list price for sold listings was $199,500 and a maximum list price of $1,750,000.
The average sold price for Severna Park Maryland homes sold was $469,309 for a 90.05% sold-to-list ratio off their original list price. The minimum sold price was $190,000 and a maximum sold price of $1,450,000.
With about 20 Severna Park properties selling each month, there is slightly more than an 8 month inventory of homes for sale. This remains a remarkable time for highly qualified buyers to consider purchasing their first home in Severna Park Maryland or an additional property.
The chart (below) tracks "Average Sale Price" and shows the monthly average price at which homes are selling in Severna Park Maryland.
The chart (below) tracks "Average Days On Market" and is good indication as to whether this is a "buyer's market" or a "seller's market".
The chart (below) tracks "Average Sold to OLP Ratio" and shows discount at which Severna Park Maryland homes are selling for as a percentage of their original listing prices.
While all of these indicators are important, the best way to determine the value of your Severna Park Maryland home is a thorough market analysis. If interested, please contact for a no obligation competitive market analysis of your home's value in today's real estate market.
NOTICE: All data as of December 18, 2011. The charts included track one or more leading market indicators and are updated on or about the 10th of every month. Information believed to be accurate, but should not be relied upon without verification, is made available "As Is" and subject to revision at any time without notice.
Comments(0)