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Compass Real Estate

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Housecats Company
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Housecats Co.

2077 Somerville Rd

Suite 200

Annapolis, MD 21401

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Greater Baltimore | Q3 2025 Market Update
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 | Q3 2025 Market Update
Greater Baltimore | Q3 2025 Market Update

Greater Baltimore

Snapshot

This snapshot reflects late-summer market conditions across Greater Baltimore.

$2,300,056,978

Total Sales Volume

4854

Total Transactions

3

months of inventory

15

median days on market

$351,667

median sales price

99.9%

list to sales price ratio

Greater Baltimore | Q3 2025 Market Update
Greater Baltimore | Q3 2025 Market Update

luxury markets

Luxury participation softened slightly as decision-making extended.

$1,424,102

AVERAGE PRICE IN

Q3

218

SALES 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.

Greater Baltimore | Q3 2025 Market Update
Greater Baltimore | Q3 2025 Market Update

waterfront markets

Waterfront demand remained selective.

$595,507

AVERAGE PRICE IN

Q3

50

SALES 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.

THIS QUARTER'S

Top Sales

Buyer Behavior

Buyers emphasized value and neighborhood fit.

Greater Baltimore | Q3 2025 Market Update
Baltimore City

Baltimore City

Baltimore City offers a diverse, neighborhood-driven urban lifestyle shaped by historic architecture, cultural institutions, and waterfront districts, appealing to residents who value walkability, character, and city energy.

Columbia

Columbia

Columbia is a nationally recognized planned community offering walkable villages, extensive parks and trails, and a strong emphasis on everyday livability, appealing to buyers seeking balance, amenities, and long-term stability.

Ellicott City

Ellicott City

Ellicott City is known for its historic downtown, strong community identity, and balance of suburban living with preserved character and green space.

Town 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.

Greater Baltimore | Q3 2025 Market Update
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Want a more tailored look at how this quarter impacts your specific town or property type?

Local Intelligence. Modern Reach.

The Housecats Company is an Annapolis-based Compass real estate team specializing in luxury, waterfront, and lifestyle properties across Maryland and Washington, D.C. Our group brings together local expertise, market interpretation, media strategy, and client guidance across Maryland’s most distinctive communities. Sign-up to receive our newsletters and join the pride. 

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2077 Somerville Rd

suite 200

Annapolis, MD 21401

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