Q3 2025 MARKET UPDATE

Southern Maryland

Calvert County | Charles County | Saint Mary's County

the quarter in review

THIRD QUARTER

Summer 2025 brought a renewed energy to Southern Maryland’s housing market. After a quieter midyear, closed sales and total volume began rebounding, pricing held firm, and homes moved with regained urgency. While inventory remains lean, the cadence shifted—less speculation, more intention. Buyers are cautious but active, sellers responsive but confident. This quarter feels less like a rebound and more like resurgence, with balance returning to a market that’s finding its stride again.

Southern Maryland

SNAPSHOT

This snapshot reflects overall residential activity across Southern Maryland during the third quarter.

$631,122,046

TOTAL SALES VOLUME

1283

TOTAL TRANSACTIONS

3.1

eoy months of inventoRy

15

median days on market

$451,648

median sales price

98.3%

list to sales price ratio

luxury markets

Luxury engagement reflected steady interest without urgency.

24

SALES IN

$1,292,534

AVERAGE PRICE IN

18

AVERAGE DOM IN

Luxury homes are defined as properties priced above $1M.

Figures reflect QTD closed sales from the most recent quarterly reporting period.

waterfront markets

Waterfront transactions followed extended timelines.

59

SALES IN

$786,473

AVERAGE PRICE IN

21

AVERAGE DOM IN

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

$1,600,000

3780 Waterfield Ct Huntingtown, MD 20639

buyer behavior

A closer look at how buyers are navigating today’s market

Buyers focused on usability and value alignment.

Chesapeake Beach

Chesapeake Beach offers a coastal town atmosphere centered on bay access, walkability, and recreational amenities, appealing to buyers seeking a relaxed waterfront setting within commuting distance.

→ View Market Report

Leonardtown

Leonardtown blends historic charm with modern growth, offering walkable amenities, cultural activity, and a strong sense of local identity.

→ View Market Report

North Beach

North Beach is a small, bayfront community known for its boardwalk, local events, and close-knit feel, attracting buyers who value water access and a slower, community-oriented pace.

→ View Market Report