Q1 2025 Market Update
Southern Maryland
Calvert County | Charles County | Saint Mary's County
the quarter in review
FIRST QUARTER
Southern Maryland entered 2025 with measured strength. Closed sales dipped about 15% to 995, while total volume edged down nearly 15% to approximately $473.3M. Homes spent a bit more time on market—median days rose to 21—as inventory climbed to 2.9 months, offering more breathing room to buyers without dampening value (12‑month median price held at $435,717, essentially flat).
This wasn’t a pause—it was a recalibration. Sellers maintained pricing stability, buyers gained clarity, and the market entered the year with balance, rather than bifurcation. The floor wasn’t dropping—it was settling into rhythm.
Southern Maryland
Snapshot
This snapshot captures first-quarter conditions across Southern Maryland.
$473,297,380
TOTAL SALES VOLUME
995
TOTAL TRANSACTIONS
2.9
eoy months of inventoRy
21
median days on market
$435,717
median sales price
95.8%
list to sales price ratio
luxury markets
Luxury engagement remained deliberate.
$1,246,149
AVERAGE PRICE IN
Q1
11
SALES IN
Q1
42
AVERAGE DOM IN
Q1
Luxury homes are defined as properties priced above $1M.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
waterfront markets
Waterfront activity followed seasonal cadence.
$886,299
AVERAGE PRICE IN
Q1
32
SALES IN
Q1
25
AVERAGE DOM IN
Q1
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.
Top Sales
THIS QUARTER
Buyer Behavior
A closer look at how buyers are navigating today’s market
Buyers evaluated options with longer timelines.
Town Spotlights
Within the region, certain communities stood out during the quarter based on activity and buyer interest
Looking Ahead
Market activity will build with seasonal demand.
More Than Real Estate.
It’s How You Live Here.
Buying or selling a home is just the start.
What matters is understanding the place around it — the market, the lifestyle, the culture, the communities, and the forces shaping what comes next. That’s what we do.
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2077 Somerville Rd
suite 200
Annapolis, MD 21401