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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 Annapolis | Q3 2024 Market Update
Q3 2024 MARKET UPDATE

Greater Annapolis

Anne Arundel County

le quarter dans analyse

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 | Q3 2024 Market Update
Greater Annapolis | Q3 2024 Market Update

Greater Annapolis

Aperçu

This snapshot reflects third-quarter activity across Greater Annapolis.

$1,183,628,213

TOTAL SALES VOLUME

2063

TOTAL TRANSACTIONS

1.5

eoy months de inventaire

7

median jours sur le marché

$485,342

median prix de vente

100.0%

list to sales price ratio

Greater Annapolis | Q3 2024 Market Update
Greater Annapolis | Q3 2024 Market Update

luxury markets

Luxury homes transacted when well-positioned.

$1,619,244

AVERAGE PRICE IN

Q3

131

SALES 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.

Greater Annapolis | Q3 2024 Market Update
Greater Annapolis | Q3 2024 Market Update

waterfront markets

Waterfront properties followed extended timelines.

$1,519,015

AVERAGE PRICE IN

Q3

70

SALES 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

Buyer Behavior

Buyer behavior reflected intentional engagement.

Greater Annapolis | Q3 2024 Market Update
Annapolis

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.

→ View Market Report
Arnold

Arnold

Arnold supports an active, community-focused lifestyle shaped by nearby waterways, parks, and trails, paired with everyday convenience close to downtown Annapolis.

→ View Market Report
Davidsonville

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.

→ View Market Report

Town Spotlights

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

Looking Ahead

Activity will depend on sustained selectivity.

Greater Annapolis | Q3 2024 Market Update
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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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