Severance Market Report
$617,356
AVERAGE PRICE OF 313 HOMES$90,833
AVERAGE PRICE OF 6 DISTRESSED HOMES$1,713,325
AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES$587,297
AVERAGE PRICE OF 120 NEWLY BUILT HOMES$547,631
AVERAGE PRICE OF 44 REDUCED PRICE HOMESAverage Home
| Average Price | $617,356 |
| Avg Bedrooms | 3.47 beds |
| Avg Bathrooms | 2.67 baths |
Average Price by Bedrooms
| 3 bedrooms | $511,295 |
| 4 bedrooms | $624,277 |
| 5 bedrooms | $719,956 |
Severance Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 331 | 329 | 298 | 305 | 283 |
| Average Price | $607,636 | $596,076 | $608,071 | $636,923 | $651,020 |
| Avg Price Change | +1.94% | -2.01% | -4.74% | -2.21% | -3.38% |
| Median Price | $536,604 | $538,659 | $539,944 | $542,609 | $537,137 |
| Med Price Change | -0.38% | -0.24% | -0.49% | +1.02% | +1.77% |
| Avg Bedrooms | 3.46 beds | 3.33 beds | 3.27 beds | 3.35 beds | 3.3 beds |
| Avg Bathrooms | 2.64 baths | 2.54 baths | 2.51 baths | 2.53 baths | 2.51 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Severance | 137 | $589,108 | 114 days |
| Severance High School | 92 | $616,795 | 84 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 313 | $617,356 | 117 days |
| Distressed Homes | 6 | $90,833 | 176 days |
| Multi-Million Dollar Homes | 27 | $1,713,325 | 87 days |
| Newly Built Homes | 120 | $587,297 | 168 days |
| Reduced Price Homes | 44 | $547,631 | 78 days |
