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Q2 2025 MARKET UPDATE
Greater Baltimore
Baltimore City | Baltimore County | Howard County
the quarter in review
SECOND QUARTER
Momentum returned in the spring. Sales climbed sharply, volume surged, and prices posted meaningful gains — all while homes sold faster and inventory tightened. This general lift reflected renewed urgency from buyers, especially in higher-value tiers, but also reinforced the broader strength of the Baltimore market. Q2 was less about cautious pacing and more about decisive action, as the region demonstrated resilience and confidence against a softer national backdrop.
Greater Baltimore
SNAPSHOT
This snapshot captures spring-quarter activity across Greater Baltimore.
$2,405,032,615
TOTAL SALES VOLUME
5622
TOTAL TRANSACTIONS
2.3
eoy months of inventoRy
10
median days on market
$355,667
median sales price
100.0%
list to sales price ratio
luxury markets
Luxury demand strengthened modestly during the spring market.
248
SALES IN
Q2
$1,403,073
AVERAGE PRICE IN
Q2
7
AVERAGE DOM IN
Q2
Luxury homes are defined as properties priced above $1M.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
waterfront markets
Waterfront activity followed seasonal improvement.
47
SALES IN
Q2
$686,640
AVERAGE PRICE IN
Q2
30
AVERAGE DOM IN
Q2
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.
TOP SALES
THIS QUARTER
buyer behavior
A closer look at how buyers are navigating today’s market
Buyers balanced opportunity with thoughtful evaluation.
TOWNS SPOTLIGHTS
Within the region, certain communities stood out during the quarter based on activity and buyer interest
LOOKING AHEAD
Conditions ahead will depend on sustained engagement.
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
Annapolis, MD 21401