2025 ANNUAL MARKET REPORT
Greater Annapolis
Anne Arundel County
The Forward
2025 in Greater Annapolis was defined by selectivity rather than retrenchment. Market fundamentals closely mirrored 2024 across many indicators, but buyer behavior became more intentional as pricing, condition, and location carried increased weight in decision-making. Demand remained present across price points, yet fewer buyers were willing to stretch without clear justification, reinforcing the importance of accuracy and quality in outcomes.
At the same time, the upper end of the market pushed into new territory. Luxury and high-end waterfront properties broke price ceilings not previously seen in the region, underscoring continued confidence among capital-strong buyers seeking long-term lifestyle assets. While these transactions often required patience and thoughtful positioning, they reaffirmed Greater Annapolis’ status as a resilient, premium market shaped by legacy, access to the water, and sustained demand.
Greater Annapolis
Snapshot
A high-level view of market activity across the region, highlighting pricing behavior, transaction pace, and demand dynamics over the most recent year.
$2,342,329,715
TOTAL SALES VOLUME
4,793
TOTAL TRANSACTIONS
$446,895
MEDIAN sales price
18
median days on mkt
market composition
Market activity across Greater Annapolis in 2025 was shaped by clear differentiation across price tiers rather than uniform momentum. Buyers engaged selectively, with demand concentrating around well-positioned properties that aligned closely with lifestyle priorities, condition, and pricing expectations. As a result, certain segments moved efficiently while others required greater patience and strategic positioning.
The most notable feature of the year was the contrast between a measured middle market and a high end that continued to command attention. While broad market indicators closely resembled 2024, the composition of activity underscored a market increasingly defined by intention, where buyers were willing to act decisively when value and fit converged.
luxury markets
The luxury market in Greater Annapolis stood out in 2025 for its ability to push beyond prior pricing benchmarks, even as overall buyer behavior became more selective. Demand at the upper end remained active, though transactions were increasingly defined by discernment rather than speed. Buyers were willing to commit at premium levels when properties aligned clearly with location, condition, and long-term lifestyle value.
Notably, the year saw several high-end transactions break price ceilings not previously reached in the region. While these sales often required thoughtful positioning and patience, they reinforced the depth of capital and confidence supporting the luxury segment. In a year marked by intention, Greater Annapolis’ high end continued to validate its role as a resilient, legacy-driven market.
627
SALES IN
2025
$1,706,700
AVERAGE PRICE IN
2025
14
AVERAGE DOM IN
2025
Luxury homes are defined as properties priced above $1M.
Figures reflect full-year closed sales from the most recent annual reporting period.
waterfront markets
Waterfront activity in Greater Annapolis during 2025 reflected the enduring appeal of access, setting, and long-term lifestyle value, even as buyer decision-making became more deliberate. Transactions often required extended timelines, with buyers placing heightened emphasis on property attributes, exposure, and usability rather than moving quickly at any price.
Despite longer evaluation periods, demand remained present for well-located waterfront homes, particularly those offering clear lifestyle alignment. The year reinforced a familiar pattern for the region: waterfront assets trade on their own cadence, shaped less by broader market momentum and more by the intersection of scarcity, quality, and long-term ownership intent.
337
SALES IN
2025
$1,732,412
AVERAGE PRICE IN
2025
33
AVERAGE DOM IN
2025
Waterfront homes are defined as properties with direct water access from the property.
Figures reflect full-year closed sales from the most recent annual reporting period.
Top Sales
THIS YEAR
buyer behavior
A closer look at how buyers are navigating today’s market
Buyer behavior in Greater Annapolis continues to reflect a deliberate, value-driven approach. Buyers remain active across price points, but decision-making is increasingly shaped by pricing accuracy, property condition, and lifestyle fit rather than urgency alone. Well-positioned homes continue to attract attention, while others may take additional time as buyers weigh long-term considerations alongside market conditions.
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.
Arnold
Arnold supports an active, community-focused lifestyle shaped by nearby waterways, parks, and trails, paired with everyday convenience close to downtown Annapolis.
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.
Edgewater
Edgewater combines small-town familiarity with waterfront influence, drawing buyers who enjoy marina access, local dining, and proximity to Annapolis without a city pace.
Severna Park
Severna Park is known for its established neighborhoods, strong community identity, and access to multiple waterways, appealing to buyers seeking long-term stability and lifestyle balance.
Towns & Communities
Within Greater Annapolis, individual towns continued to reflect distinct performance patterns shaped by lifestyle, housing mix, and proximity to the water. While broader market conditions influenced activity across the region, local dynamics played an important role in how buyers engaged with specific communities.
Looking Ahead
As Greater Annapolis moves forward, market conditions are likely to remain shaped by inventory availability, buyer selectivity, and sustained interest in lifestyle-driven locations. Pricing discipline and property quality will continue to influence outcomes, particularly as buyers weigh long-term value against short-term conditions. Understanding how local dynamics interact with broader trends will remain central to navigating the market effectively.
More Than Real Estate.
It’s How You Live Here.
Buying or selling a home is just the start.
What matters is understanding the place around it — the market, the lifestyle, the culture, the communities, and the forces shaping what comes next. That’s what we do.
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2077 Somerville Rd
suite 200
Annapolis, MD 21401