The Quarter In Review
Third Quarter
In the third quarter of 2025, Greater Annapolis reemerged with firm footing. Closed sales and dollar volume rebounded sharply, pricing held its ground, and homes turned more swiftly—signaling renewed buyer momentum. Inventory remained disciplined, providing just enough depth to sustain options without eroding leverage. The luxury, waterfront, and upper-mid tiers continued their strong runs, while entry-level segments showed early signs of breathing room. This was a quarter defined not by rebound, but by refinement—measured, confident, and forward-looking.
Greater Annapolis Snapshot
This snapshot reflects third-quarter activity across Greater Annapolis.
$1,264,333,111 Total Sales Volume | 2,062 Total Transactions | 2.1 Months of Inventory |
|---|---|---|
11 Median Days on Market | $499,535 Median Sales Price | 99.7% List to Sales Price Ratio |
Luxury Markets
Luxury homes continued to transact when well-positioned.
170 Sales in Q3 | $1,739,917 Average Price in Q3 | 13 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 moved at a deliberate pace.
106 Sales in Q3 | $1,594,463 Average Price in Q3 | 31 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
$7,000,000630 Magothy Rd, Gibson Island, MD 21056 | $5,350,0001556 Widows Mite Rd, Edgewater, MD 21037 | $3,500,000235 Bay Front Dr, Pasadena, MD 21122 | $3,300,000151 Boone Trail, Severna Park, MD 21146 | $3,100,0002 Steele Ave, Annapolis, MD 21401 | $2,900,000993 Magothy Ave, Arnold, MD 21012 | $2,850,000143 Spa Dr, Annapolis, MD 21403 | $2,550,0003412 Hidden River View Rd, Annapolis, MD 21403 | $2,210,0001006 St Anne Ln, Millersville, MD 21108 | $2,200,0001011 Dulaney Ln, Annapolis, MD 21403 |
Buyer Behavior
Buyer behavior reflected thoughtful 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 ahead will remain shaped by selectivity.