The Quarter in Review
Third Quarter
Summer 2025 brought a renewed energy to Southern Maryland’s housing market. After a quieter midyear, closed sales and total volume began rebounding, pricing held firm, and homes moved with regained urgency. While inventory remains lean, the cadence shifted—less speculation, more intention. Buyers are cautious but active, sellers responsive but confident. This quarter feels less like a rebound and more like resurgence, with balance returning to a market that’s finding its stride again.
Southern Maryland Snapshot
This snapshot reflects overall residential activity across Southern Maryland during the third quarter.
$631,122,046 Total Sales Volume | 1,283 Total Transactions | 3.1 Months of Inventory |
|---|---|---|
15 Median Days on Market | $451,648 Median Sales Price | 98.3% List to Sales Price Ratio |
Luxury Markets
Luxury engagement reflected steady interest without urgency.
24 Sales in Q3 | $1,292,534 Average Price in Q3 | 18 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 transactions followed extended timelines.
59 Sales in Q3 | $786,473 Average Price in Q3 | 21 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
$1,600,0003780 Waterfield Ct, Huntingtown, MD 20639 | $1,500,0004710 Williams Wharf Rd, St. Leonard, MD 20685 | $1,450,0009310 Tayloes Neck Rd, Nanjemoy, MD 20662 | $1,215,20021055 Breton Beach Rd Leonardtown, MD 20650 | $1,125,00011840 Cedarwood Dr, Dunkirk, MD 20754 | $1,039,1712820 Dunleigh Dr, Dunkirk, MD 20754 | $1,025,0003420 Ponds Wood Ct, Huntingtown, MD 20639 |
Buyer Behavior
Buyers focused on usability and value alignment.
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 direction will continue to reflect functional demand.