Annapolis Maryland Luxury Real Estate

Are you looking for Severn Maryland homes for sale? If so, then you're in the right place! You can often purchase Severn homes at substantially discounted prices, making them very affordable in today's real estate market. There are also some Severn bank-owned for sale and short sale homes for sale in Severn that are great deals.

Severn Maryland is centrally located in northwestern corner of Anne Arundel County. You can find condominiums, townhomes and single family homes in Severn. Severn is within commuting distance of Fort Meade, NSA, many government contractors, Baltimore and Washington, as well as a short drive from the Baltimore Washington International Airport ("BWI").

Severn neighborhoods include: Blair, Bolton Farms, Carriage Pines/Lake Village, Cayuga Farm, Cedarbrook, Clark Heights, Colonial Park, Delmont Station, Disney Estates, Elmhurst, Grande View Park, Jennifer Meadows, Peach Orchard, Quail Run, Quarterfield Farms, Quarterfield Knoll, Severn Crest, Severn Forest, Severn Hills, Evern Pines, Shamrock Manor, The Provinces, Wethersfield, Windswept Estates, Woodberry and others.

Start searching today among the Severn Maryland homes for sale for your perfect place to live.

There are 147 Severn homes for sale today. The average asking price is $350,108 and they have been on the market an average of 156 days. The minimum asking price for Severn homes is $19,900 and a maximum asking price of $699,000.

There are 53 Severn homes under contract today. The average asking price is $280,207, and they have been on the market an average of 115 days. The minimum asking price for Severn homes under contract is $30,000 and a maximum asking price of $569,900.

In the last 90 days there were 71 homes sold in Severn Maryland. The average list price was $327,757 and they were on the market for an average of 76 days. The minimum list price for sold listings was $34,900 and a maximum list price of $685,000.

The average sold price for Severn Maryland homes sold was $320,469 for a 94.01% sold-to-list ratio off their original list price. The minimum sold price was $31,000 and the maximum sold price was $662,500. The average seller subsidy paid was $6,043, with an minimum of $0 and a maximum of $15,000. Seller subsidies are typically paid at closing and further reduce the net proceeds paid to the seller by that amount.

With slightly more than 23 Severn properties selling each month, there is about a 6 month inventory of homes for sale in Severn.  A 6 month inventory of homes for sale is generally considered a "balanced" market favoring neither sellers nor buyers.  Despite balanced market conditions, this really is a remarkable time for highly qualified buyers to consider purchasing their first home or an additional property because:

• Severn Maryland homes are very affordable right now
• Interest rates are low even on jumbo mortgages
• Excellent financing options are available for qualifying buyers
• Timing is everything when it comes to finding just the right Severn Maryland home
• Owning a home is everyone’s dream

Don't waste any more time, find your Severn home today.

Watch the short video (below) about the Baltimore metro real estate market for more insight on homes for sale in Severn Maryland.

If you have a home to sell in Severn and want to learn how to reach tech savvy buyers using video home tours, want a professional consultation on current market conditions, or if you are interested in purchasing your next home in Severn and want to tour any of the homes currently on the market, please contact me at 410-923-3217 or e-mail me at showell@cbmove.com.

NOTICE: All data as of December 9, 2011. Information believed to be accurate, but should not be relied upon without verification, is made available "As Is" and subject to revision at any time without notice. This analysis is intended only for the purpose of assisting buyers or sellers or prospective buyers or sellers in checking the listings, offering or sale price of real property.