Again, the Severn real estate market is leaning heavily to Sellers. If you are considering buying a home in Severn don't be discouraged, but don't miss out on your dream home by being conservative with your offer. We are seeing multiple offers on well prepared and priced homes and market values are on the rise. Some people want to "wait out" that kind of market but you shouldn't. Why? Well this market is undoubtedly on the incline but it will probably be 6 months before we can clearly demonstrate that with statistics. However, any savvy real estate agent who specializes in Severn real estate can tell you that prices are rising and appraisers are recognizing this as well. So make your dream home a reality now with a well structured offer. Price isn't always the only consideration with an owner and we make sure that when you buy a home in Severn you have all the information you need to be strategic with your offer.
Check out that last two gauges below. Active listings and months of supply are completely bottomed out.
Visit our Severn real estate website to get the latest information on homes for sale in Severn, homes for rent or to get a market value analysis if you are thinking of listing your home for sale.