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Compass Real Estate

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Housecats Company
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Housecats Co.

2077 Somerville Rd

Suite 200

Annapolis, MD 21401

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Greater Baltimore | Q2 2025 Market Update
Q2 2025 Market Update

Greater Baltimore

Baltimore City | Baltimore County | Howard County

the quarter in review

SECOND QUARTER

Momentum returned in the spring. Sales climbed sharply, volume surged, and prices posted meaningful gains — all while homes sold faster and inventory tightened. This general lift reflected renewed urgency from buyers, especially in higher-value tiers, but also reinforced the broader strength of the Baltimore market. Q2 was less about cautious pacing and more about decisive action, as the region demonstrated resilience and confidence against a softer national backdrop.

Greater Baltimore | Q2 2025 Market Update
Greater Baltimore | Q2 2025 Market Update

Greater Baltimore

Snapshot

This snapshot captures spring-quarter activity across Greater Baltimore.

$2,405,032,615

Total Sales Volume

5622

Total Transactions

2.3

months of inventory

10

median days on market

$355,667

median sales price

100.0%

list to sales price ratio

Greater Baltimore | Q2 2025 Market Update
Greater Baltimore | Q2 2025 Market Update

luxury markets

Luxury demand strengthened modestly during the spring market.

$1,403,073

AVERAGE PRICE IN

Q2

248

SALES IN

Q2

7

AVERAGE DOM IN

Q2

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

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

Greater Baltimore | Q2 2025 Market Update
Greater Baltimore | Q2 2025 Market Update

waterfront markets

Waterfront activity followed seasonal improvement.

$686,640

AVERAGE PRICE IN

Q2

47

SALES IN

Q2

30

AVERAGE DOM IN

Q2

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

Buyer Behavior

Buyers balanced opportunity with thoughtful evaluation.

Greater Baltimore | Q2 2025 Market Update
Baltimore City

Baltimore City

Baltimore City offers a diverse, neighborhood-driven urban lifestyle shaped by historic architecture, cultural institutions, and waterfront districts, appealing to residents who value walkability, character, and city energy.

Columbia

Columbia

Columbia is a nationally recognized planned community offering walkable villages, extensive parks and trails, and a strong emphasis on everyday livability, appealing to buyers seeking balance, amenities, and long-term stability.

Ellicott City

Ellicott City

Ellicott City is known for its historic downtown, strong community identity, and balance of suburban living with preserved character and green space.

Town Spotlights

Within the region, certain communities stood out during the quarter based on activity and buyer interest

Looking Ahead

Conditions ahead will depend on sustained engagement.

Greater Baltimore | Q2 2025 Market Update
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Want a more tailored look at how this quarter impacts your specific town or property type?

Local Intelligence. Modern Reach.

The Housecats Company is an Annapolis-based Compass real estate team specializing in luxury, waterfront, and lifestyle properties across Maryland and Washington, D.C. Our group brings together local expertise, market interpretation, media strategy, and client guidance across Maryland’s most distinctive communities. Sign-up to receive our newsletters and join the pride. 

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2077 Somerville Rd

suite 200

Annapolis, MD 21401

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