The Quarter in Review
First Quarter
Southern Maryland entered 2025 with measured strength. Closed sales dipped about 15% to 995, while total volume edged down nearly 15% to approximately $473.3M. Homes spent a bit more time on market—median days rose to 21—as inventory climbed to 2.9 months, offering more breathing room to buyers without dampening value (12‑month median price held at $435,717, essentially flat).
This wasn’t a pause—it was a recalibration. Sellers maintained pricing stability, buyers gained clarity, and the market entered the year with balance, rather than bifurcation. The floor wasn’t dropping—it was settling into rhythm.
Southern Maryland Snapshot
This snapshot captures first-quarter conditions across Southern Maryland.
$473,297,380 Total Sales Volume | 995 Total Transactions | 2.9 Months of Inventory |
|---|---|---|
21 Median Days on Market | $435,717 Median Sales Price | 95.8% List to Sales Price Ratio |
Luxury Markets
Luxury engagement remained deliberate.
11 Sales in Q1 | $1,246,149 Average Price in Q1 | 42 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 transactions followed extended timelines.
32 Sales in Q1 | $886,299 Average Price in Q1 | 25 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
$1,570,0002455 Garrity Rd St. Leonard, MD 20685 | $1,450,00042297 Riverwinds Dr Leonardtown, MD 20650 | $1,225,00019710 Tower Hill Rd Leonardtown, MD 20650 | $1,200,00049005 Harry James Rd Ridge, MD 20680 | $1,195,00011250 Keokee Ct Newburg, MD 20664 | $1,098,2604780 Garland Ct Pomfret, MD 20675 | $1,070,00039250 Cooney Neck Rd Mechanicsville, MD 20659 | $987,70015982 Brackenburn Ct Hughesville, MD 20637 | $986,00014236 3d Ln Solomons, MD 20688 | $980,0003587 Longleaf Pine Brandywine, MD 20613 |
Buyer Behavior
Buyers evaluated options with longer timelines.
Town Spotlights
Within the region, certain communities stood out during the quarter based on activity and buyer interest.
Chesapeake Beach
Chesapeake Beach offers a coastal town atmosphere centered on bay access, walkability, and recreational amenities, appealing to buyers seeking a relaxed waterfront setting within commuting distance.
Leonardtown
Leonardtown blends historic charm with modern growth, offering walkable amenities, cultural activity, and a strong sense of local identity.
North Beach
North Beach is a small, bayfront community known for its boardwalk, local events, and close-knit feel, attracting buyers who value water access and a slower, community-oriented pace.
Looking Ahead
Market activity will build with seasonal demand.