Property prices for sale in Severna Park (Maryland)
The prices in real estate in Severna Park, 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.
The price per sq.feet in Severna Park has increased during the last 6 months. In October, the average price per sq.feet was $316. In the following month the price per sq.feet increased to $334. In the following two months the price per sq.feet has increased 107 %, going from $325 to $347 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 $336 to $331 during February y March
Based upon to the price in Severna Park (cities), this has gone up in the last 6 months. The price in October is $856,093, rising in November till $936,174. During the following two months (December, January) the price has had an average incrementation from $896,133.5 to $959,763.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $927,948.5 to $870,732 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $904,292 they are 61 % more affordable than the average price for Severna Park. The properties with the lowest average price have 1 bedroom, Their price is 17 % cheaper than the average. After that we have properties with 4 bedrooms priced at $602,805.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $336 / sq.feet price in Severna Park. The properties with the highest average prices have 1 bedroom. They are 312 % more expensive than the average followed by properties with 3 bedrooms with a price at $255 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $904,292 it is 70 % cheaper than the average price in Severna Park. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $574,505 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $176 / sq.feet followed by "Detached House" priced at $190 / sq.feet. "Townhouse" is the cheapest type of property with a $278 / sq.feet value followed by "House" with an average price of $233 / sq.feet.
