Housecats Signals Market Reports

Greater Annapolis | Q3 2024 Market Report

As summer faded, Greater Annapolis entered a phase of composed normalization.

The Quarter In Review

Third Quarter

As summer faded, Greater Annapolis entered a phase of composed normalization. Sales and volume eased modestly, inventory slowly climbed, and prices dipped—signaling a market that was stepping back rather than stalling. Yet beneath the surface, demand remained alive in mid- and upper-tier homes, with quick turnovers and sustained interest. Luxury and waterfront segments held their own, balancing elevated pricing with earnest buyer engagement. This quarter was less about heat and more about balance—a thoughtful reset, captured here with clarity and nuance.

Greater Annapolis Snapshot

This snapshot reflects third-quarter activity across Greater Annapolis.

$1,183,628,213

Total Sales Volume

2,063

Total Transactions

1.5

Months of Inventory

7

Median Days on Market

$485,342

Median Sales Price

100.0%

List to Sales Price Ratio

Luxury Markets

Luxury homes transacted when well-positioned.

131

Sales in Q3

$1,619,244

Average Price in Q3

9

Average DOM in Q3

Luxury homes are defined as properties priced above $1M. 

Figures reflect QTD closed sales from the most recent quarterly reporting period.

Waterfront Markets

Waterfront properties followed extended timelines.

70

Sales in Q3

$1,519,015

Average Price in Q3

15

Average DOM in Q3

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

$3,200,000

2826 Broadview Ter, Annapolis, MD 21401

$2,300,000

9 Perder Ln, Edgewater, MD 21037

$2,250,000

367 Broadview Ln, Annapolis, MD 21401

$2,150,000

1237 Cherry Tree Ln, Annapolis, MD 21403

$2,050,000

108 Cresston Rd, Arnold, MD 21012

$1,900,000

1607 Annesley Ct, Annapolis, MD 21401

$1,860,000

3300 Hidden River View Rd, MD 21403

$1,800,000

503 Broadwater Rd, Arnold, MD 21012

$1,725,000

1245 Harbor Glen Ct, Arnold, MD 21012

$1,700,000

130 Prince George St, Annapolis, MD 21401

Buyer Behavior

Buyer behavior reflected intentional engagement.

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

Activity will depend on sustained selectivity.

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