Inventory is again the buzzword in the Severn MD real estate market. The total sold dollar volume was up 28% this month with new listings down 29%. Inventory is being absorbed quickly with a 35% increase in sold listings as compared to 2018 and that pushed home values ...View More
At a time when the real estate market is usually slowing down, Severn MD home sales ramped up with a 62% increase inn new pending listings while inventory was down almost 40%. This allowed the average sale price to increase 6% as compared to the same period in 2018 ...View More
If you're relocating to Fort Meade one of the closest and most requested cities for home buyers is Severn, MD. Popular for the quick commute, easy access to DC and Baltimore and proximity to shopping, Severn offers something for everyone.
The closest shopping to Severn is Arundel Mills ...
Home values in Severn MD saw an 8% increase in September 2019 even with incredibly low inventory. Active listings were down 31% while pending sales were up 56%! Average days on market increased substantially but that is attributed, in part, to new construction listings in the area as ...View More
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.
Severn is one of the few areas that saw an increase in inventory in May 2019 but most of that was absorbed. New construction homes continue to be big competition for luxury re-sale homes, but the proximity to Fort Meade and great neighborhoods keep the Severn real estate market ...View More
Thinking of buying a new construction home near Fort Meade in 2018?
Below are some of the common questions we receive from our clients.
DOES MY ROSKELLY TEAM REPRESENTATIVE HAVE TO ACCOMPANY
ME ON MY FIRST VISIT TO THE COMMUNITY?
In most cases yes! When you are ready to ...