Severna Park, MD Market Update for June 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: 48.6%*

Average	May 2007	June 2007	% Change
Asking Price	$524,703	$621,177	18.4%
Sales Price	$515,986	$604,876	17.2%
% of Asking Price	98%	97%	-1.0%
$/SQFT	$199	$238	19.6%
Days on Market	102	88	-13.7%
Total Transactions	21	25	19.0%

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 7/9/2007: 245 properties on the market with 119 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.