If you're searching homes for sale in Severn MD you're going to want to
have a picture of the real estate market. October remained unusually
active and there were 44 closed sales for the month. You'll see 39 below
because some sales were later recorded after the 31st. This represents a
26% increase in the same period last year and a 22% increase over
September. This is significant because October is typically a slower month.
There were less than 120 homes actively for sale in Severn at months end
representing less than a 3 month supply! That means Severn home owners
are in the driver's seat with contract negotiations. We are still seeing
closing help, but it is less frequent
Severn real estate has always been in high demand due to it's proximity to
Fort Meade and NSA. If you're thinking of buying a home in Severn or listing
your Severn home for sale, contact The Roskelly Team. Your Severn real
estate specialists since 2000. Visit us on-line at www.FortmeadeHomes.com!