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| JANUARY 2025 | |||
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| Zip Code(s): 21401, 21403, 21402 and 21405 | |||
| Units Sold 57 |
Active Inventory 105 |
Median Sale Price $700,000 |
Days On Market 49 |
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| Down -23% Vs. Year Ago |
Down -22% Vs. Year Ago |
Up 17% Vs. Year Ago |
Up 36% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in January, with 57 sold this month in Annapolis Real Estate. This month's total units sold was lower than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 30 units or 22%. The total number of active inventory this January was 105 compared to 135 in January 2024. This month's total of 105 is lower than the previous month's total supply of available inventory of 129, a decrease of 19%. |
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Median Sale Price
Last January, the median sale price for Annapolis Homes was $597,000. This January, the median sale price was $700,000, an increase of 17% or $103,000 compared to last year. The current median sold price is 23% higher than in December. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 53 |
Current Contracts 61 |
Sold Vs. List Price 96.3% |
Months of Supply 1.8 |
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| Down -41% Vs. Year Ago |
Down -16% Vs. Year Ago |
Down -0.7% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In January, there was 1.8 months of supply available in Annapolis. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 53 homes newly listed for sale in Annapolis compared to 90 in January 2024, a decrease of 41%. There were 61 current contracts pending sale this January compared to 73 a year ago. The number of current contracts is 16% lower than last January. |
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Sale Price to List Price Ratio
In January, the average sale price in Annapolis was 96.3% of the average list price, which is 0.7% lower than at this time last year. Days on Market
This month, the average number of days on market was 49, higher than the average last year, which was 36, an increase of 36%. | |||
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Annapolis are defined as properties listed in zip code/s 21401, 21403, 21402 and 21405. | ||
| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
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