Severna Park, MD Market Update for July 2007

Here are the latest real estate market statistics for Severna Park, MD area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 48.8%*

Average	June 2007	July 2007	% Change
Asking Price	$621,177	$669,380	7.8%
Sales Price	$604,876	$655,201	8.3%
% of Asking Price	97%	98%	1.0%
$/SQFT	$238	$211	-11.3%
Days on Market	88	71	-19.3%
Total Transactions	25	38	52.0%

Search for homes in Severna Park, MD and read a neighborhood overview of the Severna Park, MD area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 248 properties on the market with 121 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.