Property prices for sale in Severn (Maryland)

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

$428,971.67
Average price last 6 months
$216.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Severn has increased strongly during the last 6 months. In March, the average price per sq.feet was $189. In April this price pretty much remained the same at a value of $191 per sq.feet. The price for the following two months in (May, June) decreased 95 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 151 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $185 to $279 during July, and August.

Average price

Based upon to the price in Severn (cities), this has gone downing the last 6 months. The average price for March is $456,149. During April the price had a slight fall till $432,699. In the following two months the average price has remained the same with regard to the previous two months from $444,424 to $439,361. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $441,892.5 to $403,130 in July and August.

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 $414,956 they are 17 % more affordable than the average price for Severn. The properties with the highest average price have 1 bedroom, Their price is 24 % more costly than the average. After that we have properties with 4 bedrooms priced at $458,759.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $184 / sq.feet, with an average $172 / sq.feet price in Severn. The properties with the highest average prices have 2 bedrooms. They are 69 % more expensive than the average followed by properties with 1 bedroom with a price at $199 / 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 $414,956 it is 60 % 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 $432,279 it is 25 % 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 $196 / sq.feet followed by "Commercial Property" priced at $225 / sq.feet. "Townhouse" is the most costly type of property with a $13,416 / sq.feet cost followed by "Condo" with an average price of $1,131 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Severn
Number of properties used in region Maryland
$414,956
$172
2,592
413,736
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Hud Foreclosed Severn Townhouse/condo
 1
Hud Foreclosed Severn Townhouse/condo
$19,177
Severn, Maryland - For Sale - 1,307 sq.feet - 5 bathrooms
This property is reo, or reo. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since...
The Kendel Fl By Baldwin Homes Inc.: Plan To Be Built
 1
The Kendel Fl By Baldwin Homes Inc.: Plan To Be Built
$454,990
Severn, Maryland - For Sale - House - 1,800 sq.feet - 4 bedrooms - 5 bathrooms
This to-be-built home is the kendel fl by baldwin homes inc and is located in boyers ridge, in severn, md. The home has 4 beds, two bathrooms, one half baths...
The Nice Rancher By Baldwin Homes Inc.: Plan To Be Built
 1
The Nice Rancher By Baldwin Homes Inc.: Plan To Be Built
$463,990
Severn, Maryland - For Sale - House - 1,681 sq.feet - 2 bedrooms - 2 bathrooms
This to-be-built home is the nice rancher by baldwin homes inc and is located in boyers ridge, in severn, md. The home has 2 beds, two bathrooms, and is 1681 sq...
The Kendel Fl By Baldwin Homes Inc.: Plan To Be Built
 1
The Kendel Fl By Baldwin Homes Inc.: Plan To Be Built
$530,900
Severn, Maryland - For Sale - House - 1,800 sq.feet - 4 bedrooms - 5 bathrooms
This to-be-built home is the kendel fl by baldwin homes inc and is located in whitefield, in severn, md. The home has 4 beds, two bathrooms, one half baths, and is 1800...
New Construction At 8611 St Anthony Drive, By Toll Brothers
 1
New Construction At 8611 St Anthony Drive, By Toll Brothers
$749,995$774,995
Severn, Maryland - For Sale - House - 3,500 sq.feet - 3 bedrooms - 5 bathrooms
This new construction home is the bucknell by toll brothers, and is located in arundel forest - villas, in severn, md. The home has 3 beds, three bathrooms, one...