ANNAPOLIS HOUSING MARKET DATA

There was a decrease in total units sold in May, with 90 sold this month in Annapolis Real Estate versus 101 last month, a decrease of 11%. This month's total units sold was lower than at this time last year, a decrease of 15% versus May 2024.

Versus last year, the total number of homes available this month is higher by 61 units or 38%. The total number of active inventory this May was 223 compared to 162 in May 2024. This month's total of 223 is lower than the previous month's total supply of available inventory of 232, a decrease of 4%.

Last May, the median sale price for Annapolis Homes was $629,950. This May, the median sale price was $665,000, an increase of 6% or $35,050 compared to last year. The current median sold price is 5% lower than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 2.5 months of supply available in Annapolis, compared to 1.5 in May 2024. That is an increase of 62% versus 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.

This month there were 124 homes newly listed for sale in Annapolis compared to 112 in May 2024, an increase of 11%. There were 109 current contracts pending sale this May compared to 119 a year ago. The number of current contracts is 8% lower than last May.

In May, the average sale price in Annapolis was 98.7% of the average list price, which is 3.5% lower than at this time last year.

This month, the average number of days on market was 23, higher than the average last year, which was 22, an increase of 5%.





FOCUS ON: ANNAPOLIS HOUSING MARKET			MAY 2025

Zip Code(s): 21401, 21403, 21402 and 21405
Units Sold 90	Active Inventory 223	Median Sale Price $665,000	Days On Market 23

Down -15% Vs. Year Ago	Up 38% Vs. Year Ago	Up 6% Vs. Year Ago	Up 5% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 90 sold this month in Annapolis Real Estate versus 101 last month, a decrease of 11%. This month's total units sold was lower than at this time last year, a decrease of 15% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 61 units or 38%. The total number of active inventory this May was 223 compared to 162 in May 2024. This month's total of 223 is lower than the previous month's total supply of available inventory of 232, a decrease of 4%.
		Median Sale Price Last May, the median sale price for Annapolis Homes was $629,950. This May, the median sale price was $665,000, an increase of 6% or $35,050 compared to last year. The current median sold price is 5% lower than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 124	Current Contracts 109	Sold Vs. List Price 98.7%	Months of Supply 2.5

Up 11% Vs. Year Ago	Down -8% Vs. Year Ago	Down -3.5% Vs. Year Ago	Up 62% Vs. Year Ago


		Months of Supply In May, there was 2.5 months of supply available in Annapolis, compared to 1.5 in May 2024. That is an increase of 62% versus 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.
New Listings & Current Contracts This month there were 124 homes newly listed for sale in Annapolis compared to 112 in May 2024, an increase of 11%. There were 109 current contracts pending sale this May compared to 119 a year ago. The number of current contracts is 8% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Annapolis was 98.7% of the average list price, which is 3.5% lower than at this time last year. Days on Market This month, the average number of days on market was 23, higher than the average last year, which was 22, an increase of 5%.


	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.