Active and new listings for sale in Severna Park are remaining stable, while new under contract and pending sales are up compared to november of last year. This should have a positive effect by reducing the available inventory for the spring market in 2012. Currently, we have a 13 month inventory of houses for sale.
The days on market of 125 is down by 5.30 percent when compared to November of last year. Prices for solds houses range from $240,000 to $1,400,000 which give all homebuyers an opportunity to call Severna Park home.
The following link takes you to the detailed report http://tiny.cc/j0bsn