The prices in real estate in Severna Park, in the Maryland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Severna Park has remained the same in the last 6 months. In December, the average price per sq.feet was $285. In January this price pretty much remained the same at a value of $280 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $282.5 to $298 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 $290.25 to $299 during April y May
Based upon to the price in Severna Park (cities), these have remained the same in the last 6 months. The average price for December is $675,565. During January the price had a slight fall till $625,264. In the following two months the average price has remained the same with regard to the previous two months from $650,414.5 to $659,566. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $751,557 they are 73 % more affordable than the average price for Severna Park. The properties with the lowest average price have 4 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 3 bedrooms priced at $480,416.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $196 / sq.feet, with an average $299 / sq.feet price in Severna Park. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $260 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $751,557 it is 49 % 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 "Townhouse". At a price of $543,432 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $238 / sq.feet followed by "Condo" priced at $277 / sq.feet. "Townhouse" is the cheapest type of property with a $288 / sq.feet value followed by "Condo" with an average price of $277 / sq.feet.