Here's your June update for Severn home sales. We're seeing a bit of an inventory decrease in the re-sale market.
New construction homes in Severn are giving single family re-sale homes a run for their money. With many options available, this sector needs special marketing.
Closed sales were spot on with 2018 and exceeded the 5 year average. New listings are down this month and that's likely to equate to lower sales volumes in July as we're just not seeing a huge inventory increase and buyers are staying steady.
If you're thinking of buying, selling or renting a home in Severn MD, visit us on-line or give us a call. The Roskelly Team at RE/MAX Leading Edge specializes in Severn real estate.