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Q3 2025 MARKET UPDATE
Greater Baltimore
Baltimore City | Baltimore County | Howard County
the quarter in review
THIRD QUARTER
Greater Baltimore found its rhythm again in the third quarter of 2025. After a measured start to the year, sales and total volume rebounded, median pricing stabilized, and days on market compressed as buyers re-engaged with purpose. Inventory levels held steady, offering just enough choice to sustain movement without softening prices. Luxury and mid-tier segments led much of the activity, while entry-level affordability remained tight. This quarter felt grounded—less reactionary, more deliberate—underscoring a region defined by resilience, balance, and long-term confidence.
Greater Baltimore
SNAPSHOT
This snapshot reflects late-summer market conditions across Greater Baltimore.
$2,300,056,978
TOTAL SALES VOLUME
4854
TOTAL TRANSACTIONS
3
eoy months of inventoRy
15
median days on market
$351,667
median sales price
99.9%
list to sales price ratio
luxury markets
Luxury participation softened slightly as decision-making extended.
218
SALES IN
Q3
$1,424,102
AVERAGE PRICE IN
Q3
12
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.
waterfront markets
Waterfront demand remained selective.
50
SALES IN
Q3
$595,507
AVERAGE PRICE IN
Q3
36
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.
TOP SALES
THIS QUARTER
buyer behavior
A closer look at how buyers are navigating today’s market
Buyers emphasized value and neighborhood fit.
TOWNS SPOTLIGHTS
Within the region, certain communities stood out during the quarter based on activity and buyer interest
LOOKING AHEAD
Conditions ahead will reflect buyer confidence and timing.
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