Southern Maryland
Q2 2025
MARKET REPORT
SECOND QUARTER
MARKET REPORT
Spring in Southern Maryland unfolded as a study in strategic momentum. While waterfront sales softened (down ~29%), asking prices climbed 11%, and days on market more than doubled to 16, signaling selective buyer activity and nuanced pacing. On a broader level, the market experienced tidier supply, measured demand, and discernible movement toward balance. It wasn’t about speed—it was about intention. Buyers were watching; sellers were mindful. The market settled in—not with urgency, but with clarity
INDICATORS
STOCK MARKET (DOW JONES)
CONSUMER CONFIDENCE
MORTGAGE RATE (US 30 YR)
UNEMPLOYMENT RATE
12/31/24
$42,544.22
104.7
7.04%
4.1%
6/30/24
$39,169.52
100.4
6.62%
4.1%
6/30/25
$44,094.77
93.0
6.75%
4.1%
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DATES
6/30/25
12/31/24
6/30/24
GDP
- 0.5%
2.4%
2.8%
Economic Factors
Impact On The Market
Q2 2025 marked a striking rebound. Nationally, contraction persisted, but easing rates (down to 6.75%) and strong equity markets lifted sentiment. Across Maryland, sales surged, volume soared, and median prices advanced at double-digit clips. Homes sold faster, inventory trimmed, and demand concentrated especially in mid-to-luxury bands.
Waterfront activity moderated slightly in pace, but luxury markets surged, underscoring buyer confidence. Entry-level buyers continued to face supply constraints, but across the board, the quarter was characterized by clarity and conviction. Maryland didn’t just weather national caution—it outpaced it.
For Sellers:
Momentum was strong; well-positioned listings moved quickly.
Luxury and mid-tier homes captured decisive demand.
Slight inventory tightening preserved leverage.
For Buyers:
Sub-$1M bands offered more choice but remained competitive.
Luxury demanded sharp, ready offers.
Waterfront properties showed opportunity as pace eased.
year over year
Trends For The Quarter
REGIONS
Southern Maryland
Greater Baltimore
Eastern Shore
Greater Annapolis
CLOSED UNITS
1361
5622
459
2047
TOTAL
VOLUME
$672,367,548
$2,405,032,615
$308,719,208
$1,288,397,108
EOM INVENTORY
2.7
2.3
4.3
2.1
CURRENT INVENTORY
1,276
-6.9%
YOY CHANGE
QTD CLOSED VOLUME
$672,367,548
-0.9%
YOY CHANGE
QTD CLOSED SALES
1361
-4.7%
YOY CHANGE
12-MO AVERAGE SALES PRICE
$481,290
1.1%
YOY CHANGE
Southern Maryland
AT A GLANCE
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YEAR
CLOSED SALES
CLOSED SALES VOLUME
MEDIAN DAYS ON MARKET
MEDIAN SALES PRICE
INVENTORY
.
Q1 2025
995
$473,297,380
21
$435,717
2.9
.
Q2 2025
1361
$672,367,548
11
$453,383
2.7
.
CHANGE
36.8%
42.1%
-46.0%
4.1%
-6.9%
$1,700,000 | Solomons, MD
14746 Patuxent Ave
SINGLE FAMILY HOME SALES & INVENTORY BY RANGE
PRICE POINT
UNDER $500,000
$500,000-$999,999
$1,000,000-$1,499,999
$1,500,000-$1,999,999
$2,000,000-$2,999,999
$3,000,000+
.
Q2 2024
590
496
20
4
0
0
.
Q2 2025
529
505
22
4
0
0
.
CHANGE
-10.3%
1.8%
10.0%
0.0%
0.0%
0.0%
$1,245,000 | Hollywood, MD
45454 Steer Horn Neck Rd
$1,450,000 | La Plata, MD
6225 Cool Springs Farm Pl
TOWNHOME SALES & INVENTORY BY RANGE
PRICE POINT
UNDER $500,000
$500,000-$999,999
$1,000,000-$1,499,999
$1,500,000-$1,999,999
$2,000,000-$2,999,999
$3,000,000+
.
Q2 2024
279
10
0
0
0
0
.
Q2 2025
274
7
0
0
0
0
.
CHANGE
-1.8%
-30.0%
0.0%
0.0%
0%
0%
$1,555,000 | St. Leonard, MD
4950 Mackall Rd
$1,227,400 | Hughesville, MD
15775 Scout Camp Rd
CONDO SALES & INVENTORY BY RANGE
PRICE POINT
UNDER $500,000
$500,000-$999,999
$1,000,000-$1,499,999
$1,500,000-$1,999,999
$2,000,000-$2,999,999
$3,000,000+
.
Q2 2024
20
3
0
0
0
0
.
Q2 2025
13
0
0
0
0
0
.
CHANGE
-35.0%
-100.0%
0.0%
0%
0%
0%
WATERFRONT MARKET
DATA POINT
CLOSED SALES
AVERAGE SALES PRICE
MEDIAN PRICE PER SQFT
LIST TO SALE PRICE RATIO
MEDIAN DAYS ON MARKET
.
Q2 2024
65
$706,745
$327.85
99.4%
7
.
Q2 2025
46
$787,551
$350.15
97.6%
16
.
CHANGE
-29.2%
11.4%
6.8%
-1.8%
118.2%
LUXURY MARKET
DATA POINT
CLOSED SALES
AVERAGE SALES PRICE
MEDIAN PRICE PER SQFT
LIST TO SALE PRICE RATIO
MEDIAN DAYS ON MARKET
.
Q2 2024
24
$1,226,117
$297.18
98.9%
11
.
Q2 2025
23
$1,216,622
$387.54
98.2%
12
.
CHANGE
-4.2%
-0.8%
30.4%
-0.7%
15.6%
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