2025
waterfront REPORT
Greater Annapolis
Anne Arundel County
waterfront market overview
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.
Greater Annapolis
Snapshot
Greater Annapolis is defined by its relationship to the water, its historic core, and a lifestyle that blends tradition with modern convenience. The region attracts a broad mix of buyers, from professionals and families seeking established neighborhoods to second-home and luxury buyers drawn to waterfront living and proximity to Washington, D.C. Demand here is often shaped as much by lifestyle and long-term value as by short-term market conditions.
94.7%
LIST TO SALES PRICE RATIO
337
TOTAL TRANSACTIONS
$1,732,412
average sales price
33
median days on mkt
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.
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.
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 Driving waterfront Activity
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