Market activity as reported by the Metropolitan Regional Information Systems, Inc, of residential transactions (some new construction included).
For Severna Park, Maryland, zip code 21146, for all homes :
For the month of January 2010, total sold dollar volume was $ 9,753,750 with 19 sales. For the month of January 2009, total sold dollar volume was $ 4,144,105 with 7 sales. This is an increase of 135% in dollar terms, and 171% in unit terms.
Average sold price in January 2010 was $513,355. Average sold price in January 2009 was $592,015. This is a decrease of 13 %.
Total New Listings: 38 Total New Pending (under contract): 20 Average days on the market for homes that sold in January 2010 was 170, versus 203 in January 2009, a decrease (ie an improvement) of 16 %. |