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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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Q3 2023 MARKET UPDATE

Greater Baltimore

Baltimore City | Baltimore County | Howard County

le quarter dans analyse

THIRD QUARTER

Market conditions across Greater Baltimore in Q3 2023 reflected a late-summer shift toward more deliberate buyer behavior. Activity remained steady, though buyers increasingly focused on value alignment as seasonal momentum moderated. The quarter emphasized thoughtful engagement across neighborhoods rather than broad-based acceleration.

Greater Baltimore | Q3 2023 Market Update
Greater Baltimore | Q3 2023 Market Update

Greater Baltimore

Aperçu

This snapshot reflects late-summer conditions across Greater Baltimore.

$2,055,844,242

TOTAL SALES VOLUME

5306

TOTAL TRANSACTIONS

1.8

eoy months de inventaire

8

median jours sur le marché

$326,999

median prix de vente

100.0%

list to sales price ratio

Greater Baltimore | Q3 2023 Market Update
Greater Baltimore | Q3 2023 Market Update

luxury markets

Luxury engagement reflected deliberate decision-making.

$1,377,217

AVERAGE PRICE IN

Q3

184

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 Baltimore | Q3 2023 Market Update
Greater Baltimore | Q3 2023 Market Update

waterfront markets

Waterfront interest remained selective.

$655,736

AVERAGE PRICE IN

Q3

56

SALES IN

Q3

20

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

Buyers focused on value alignment.

Greater Baltimore | Q3 2023 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.

→ View Market Report
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.

→ View Market Report
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.

→ View Market Report

Town Spotlights

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

Looking Ahead

Momentum would depend on buyer confidence.

Greater Baltimore | Q3 2023 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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