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Market activity as reported by the Metropolitan Regional Information Systems, Inc, of residential transactions (there is some new construction included).
For Severna Park, Maryland, zip code 21146, for all homes reported:
For the month of December 2011, total sold dollar volume was $ $7,547,107 7,547,157 with 15 sales.
For the month of December 2010, total sold dollar volume was $ 99 8,187,900 with 16 sales.
This is a decrease of 8% in dollar terms, and a decrease of 6% in unit terms.
Average sold price in December 2011 was $503,140.
Average sold price in December 2010 was $511,744.
This is a decrease of nearly 2%.
Total New Listings: 29
Total New Pending (under contract): 22
Average days on the market for homes that sold in December 2011 was 158 versus 106 in December 2010,
an increase (ie not an improvement) of 49%.
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