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Severn Market Report

Current conditions across 227 active for-sale listings and 17 rentals in Severn. Figures below are from live MLS® inventory and reflect asking prices.

Active for sale
227
listings on market
Median asking
$799,000
all property types
On market 30+ days
73%
166 of 227 listings
Median rent
$2,800/mo
17 rentals available

By property type

Severn asking prices by property type
Property typeListingsMedian askingAvg. $/sq ft
Detached150$849,900$694
Vacant land42$475,000$1
Other1$299,900$450
Retail11$1,500,000$745
Business for sale3$1,499,000$60
Multi-unit / investment5$679,000$229
Townhouse1$699,000$635

Based on active listings only. Closed sale prices and sale-to-list ratios are VOW data, available to registered users.

What this means

Severn currently has 227 active for-sale listings and 17 rentals on the board. Of 227 active listings in Severn, 166 (73%) have been on the market more than 30 days, 100 more than 60, and 71 more than 90. These are counts from the board, not estimates from a sample. The asking-price figures above are drawn from live inventory.

Remember that a city-wide figure hides a lot. Rural Severn and Washago can behave completely differently in the same month, and condo and detached segments frequently diverge. For a decision that matters, use the numbers for your specific property type in your specific pocket.

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