The Quarter In Review
First Quarter
The opening quarter of 2025 set a tone of measured reset for Greater Annapolis. At a time when GDP slipped into contraction and consumer sentiment slowed, the market absorbed the shift with grace. Sales and volume softened, pricing eased slightly, and inventory began to edge upward—creating space for clarity. Yet, buyer confidence quietly endured, especially in the $1M–$3M range and among luxury segments, where fast-moving listings and strong LP-to-SP ratios told their own story. It was a transitional quarter—less momentum, more poise—captured here without fuss or fanfare.
Greater Annapolis Snapshot
This snapshot reflects early-year residential activity across Greater Annapolis.
$825,953,329 Total Sales Volume | 1,397 Total Transactions | 2.3 Months of Inventory |
|---|---|---|
10 Median Days on Market | $485,362 Median Sales Price | 100.0% List to Sales Price Ratio |
Luxury Markets
Luxury buyers approached opportunities cautiously.
116 Sales in Q1 | $1,733,150 Average Price in Q1 | 21 Average DOM in Q1 |
|---|
Luxury homes are defined as properties priced above $1M.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
Waterfront Markets
Waterfront engagement remained measured.
49 Sales in Q1 | $1,843,777 Average Price in Q1 | 46 Average DOM in Q1 |
|---|
Waterfront homes are defined as properties with direct water access from the property.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
This Quarter's Top Sales
$4,250,0003317 Old Cedar Point Rd, Edgewater, MD 21037 | $3,460,0002807 Deepwater Trail, Edgewater, MD 21037 | $3,425,00031 Shadow Point Ct, Edgewater, MD 21037 | $2,590,0001606 Laurel Ln, Annapolis, MD 21409 | $2,525,000315 Kyle Rd, Crownsville, MD 21032 | $2,500,0001590 Keswick Pl, Annapolis, MD 21401 | $2,108,000909 Mallard Cir, Arnold, MD 21012 | $2,010,000135 Friar Tuck Rd, Annapolis, MD 21405 | $1,950,0001270 Swan Dr, Annapolis, MD 21409 | $1,900,0003451 Godspeed Rd, Davidsonville, MD 21035 |
Buyer Behavior
Buyers emphasized value alignment and timing.
Town Spotlights
Within the region, certain communities stood out during the quarter based on activity and buyer interest.
Annapolis
Annapolis delivers a distinctive blend of historic charm, maritime culture, and walkable urban living, attracting residents drawn to water access, dining, and cultural vibrancy.
Arnold
Arnold supports an active, community-focused lifestyle shaped by nearby waterways, parks, and trails, paired with everyday convenience close to downtown Annapolis.
Davidsonville
Davidsonville appeals to buyers seeking space, privacy, and a semi-rural setting, balancing estate-style living with convenient access to Annapolis and regional centers.
Looking Ahead
The market is moving forward with more balance than urgency. Buyers are acting with greater selectivity, sellers are being rewarded for precision, and the gap between standout listings and everything else is becoming easier to see.