Property prices for sale in Severn (Maryland)

The prices in real estate in Severn, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$422,012.83
Average price last 6 months
$171.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Severn has increased during the last 6 months. In November, the average price per sq.feet was $162. In December this price pretty much remained the same at a value of $168 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $165 to $179.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $172.25 to $170.5 during March y April

Average price

Based upon to the price in Severn (cities), this has gone up considerably in the last 6 months. The price in November is $369,989, rising in December till $396,094. During the following two months (January, February) the price has had an average incrementation from $383,041.5 to $429,777.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $500,050 they are 31 % more affordable than the average price for Severn. The properties with the highest average price have 1 bedroom, Their price is 2 % more costly than the average. After that we have properties with 4 bedrooms priced at $455,098.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $176 / sq.feet, with an average $165 / sq.feet price in Severn. The properties with the highest average prices have 2 bedrooms. They are 72 % more expensive than the average followed by properties with 1 bedroom with a price at $191 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $500,050 it is 67 % cheaper than the average price in Severn. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial Property". At a price of $428,829 it is 3 % more expensive than the average price.

According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $188 / sq.feet followed by "Commercial Property" priced at $217 / sq.feet. "Townhouse" is the most costly type of property with a $13,304 / sq.feet cost followed by "Condo" with an average price of $1,115 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Severn
Number of properties used in region Maryland
$500,050
$165
1,408
272,690
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value