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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 | Q4 2024 Market Update
Q4 2024 MARKET UPDATE

Greater Annapolis

Anne Arundel County

le quarter dans analyse

FOURTH QUARTER

As 2024 closed, Greater Annapolis reflected a market transitioning with poise. Sales and volume slowed, inventory tightened, and price levels edged upward—especially in move-up and luxury segments. The mid-market ($1M–$3M) stood out with strong gains, while entry- and ultra-luxury tiers steadied. Luxury homes performed well—though with slightly longer timelines—signaling both selectivity and confidence. It was a measured slowdown, not a stall—and a market preparing for what’s next with clarity and composure.

Greater Annapolis | Q4 2024 Market Update
Greater Annapolis | Q4 2024 Market Update

Greater Annapolis

Aperçu

This snapshot reflects year-end market activity across Greater Annapolis.

$1,074,948,612

TOTAL SALES VOLUME

1819

TOTAL TRANSACTIONS

1.3

eoy months de inventaire

10

median jours sur le marché

$491,833

median prix de vente

100.0%

list to sales price ratio

Greater Annapolis | Q4 2024 Market Update
Greater Annapolis | Q4 2024 Market Update

luxury markets

Luxury buyers remained engaged but patient.

$1,626,406

AVERAGE PRICE IN

Q4

127

SALES IN

Q4

16

AVERAGE DOM IN

Q4

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

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

Greater Annapolis | Q4 2024 Market Update
Greater Annapolis | Q4 2024 Market Update

waterfront markets

Waterfront homes traded on longer timelines.

$1,500,530

AVERAGE PRICE IN

Q4

70

SALES IN

Q4

18

AVERAGE DOM IN

Q4

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 emphasized pricing accuracy and fit.

Greater Annapolis | Q4 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

Early-year activity will depend on inventory.

Greater Annapolis | Q4 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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