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Greater Annapolis

Greater Annapolis

Anne Arundel County

August

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 August 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

697

$ 489,900

$ 487,511

100.0%

$400,791,427

8

4909

LAST MONTH

738

$ 480,405

$ 485,000

100.0%

$426,454,202

6

4212

MOM%

- 5.6%

+ 2.0%

0.5%

--

- 6.0%

+ 33.3%

- 5.6%

LAST YEAR

697

$ 485,000

$ 475,000

100.5%

$387,349,052

6

4809

YOY%

--

+ 1%

2.6%

- 0.5%

+ 3.5%

+ 33.3%

--

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

1.4

MONTHS OF
INVENTORY

22

WATERFRONT
SALES

66

NEW HOME
SALES

44

LUXURY HOME
SALES

697

28

SENIOR LIVING
SALES

TOTAL SALES

393

HOA + CONDO
SALES

TOP SALES

THIS MONTH

homes sold

ALL PROPERTY TYPES
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697

sales price

ALL PROPERTY TYPES
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$	487,511

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