The third quarter of 2025 reflected a steady recalibration across Maryland’s core housing markets. After two quarters of economic contraction, national conditions began to stabilize—rates hovered around 6.7%, inflation eased, and consumer sentiment ticked higher. Locally, the result was a market that felt balanced for the first time in over a year. Across Greater Annapolis, the Eastern Shore, Greater Baltimore, and Southern Maryland, sales and volume climbed modestly from the spring, while median prices held firm and inventory stabilized.

Luxury and waterfront segments maintained their footing, supported by well-qualified buyers and disciplined pricing. Mid-tier single-family homes continued to anchor overall activity, while entry-level affordability remained challenged under persistently tight supply. Days on market rose slightly, but listings that presented well and priced accurately continued to move quickly. The energy this quarter was defined less by urgency and more by precision—buyers moved with purpose, sellers adjusted with strategy, and the Maryland market as a whole continued to prove its depth and resilience.

For Sellers:

• Stable pricing and moderate demand favored well-prepared listings.

• Mid-tier and luxury segments maintained leverage when properly positioned.

• Strategic pricing and presentation remained critical to standing out in a balanced market.

For Buyers:

• A more even playing field created opportunity without excess competition.

• Inventory gains across most regions offered breathing room for decision-making.

• Well-located and move-in-ready homes continued to draw quick attention—act decisively when the fit feels right.