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Greater Annapolis

Greater Annapolis

Anne Arundel County

May

2024

MARKET SUMMARY

The statistics below highlight key market indicators for Anne Arundel County, Maryland. The data in the Sold Listings table is based on homes sold within the month of April 2024 as listed in BrightMLS.

ALL PROPERTY TYPES
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HOMES SOLD

MEDIAN LIST PRICE

MEDIAN SALES PRICE

SALES TO LIST RATIO

SALES VOLUME

MEDIAN D.O.M.

HOMES SOLD Y.T.D.

THIS MONTH

617

$ 479,000

$ 480,000

100.5%

$372,535,312

6

1987

LAST MONTH

537

$ 465,000

$ 469,755

100.0%

$303,399,669

6

1371

MOM%

+ 14.9%

+ 3.0%

2.2%

+ 0.5%

+ 22.8%

--

+ 14.9%

LAST YEAR

YOY%

Sellers Market

Sellers Market - Less than 4 months of inventory

balanced Market - between 4-6 months of inventory

buyers Market - more than 6 months of inventory

1.8

MONTHS OF
INVENTORY

31

WATERFRONT
SALES

57

NEW HOME
SALES

52

LUXURY HOME
SALES

617

37

SENIOR LIVING
SALES

TOTAL SALES

343

HOA + CONDO
SALES

TOP SALES

THIS MONTH

homes sold

ALL PROPERTY TYPES
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617

sales price

ALL PROPERTY TYPES
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$	480,000

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