The Long & Foster Market Minute

FOCUS ON: ANNAPOLIS HOUSING MARKET AUGUST 2025

Zip Code(s): 21401, 21403, 21402 and 21405
Units Sold
99
Active Inventory
211
Median Sale Price
$650,000
Days On Market
32
Up 1%
Vs. Year Ago
Up 12%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up 7%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 99 sold this month in Annapolis Real Estate versus 111 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 1% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 23 units or 12%. The total number of active inventory this August was 211 compared to 188 in August 2024. This month's total of 211 is lower than the previous month's total supply of available inventory of 219, a decrease of 4%.

Median Sale Price
Last August, the median sale price for Annapolis Homes was $634,938. This August, the median sale price was $650,000, an increase of 2% or $15,062 compared to last year. The current median sold price is 8% higher than in July.

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


New Listings
97
Current Contracts
88
Sold Vs. List Price
96.6%
Months of Supply
2.1
Down -7%
Vs. Year Ago
Up 11%
Vs. Year Ago
Down -2.9%
Vs. Year Ago
Up 11%
Vs. Year Ago

Months of Supply
In August, there was 2.1 months of supply available in Annapolis, compared to 1.9 in August 2024. That is an increase of 11% 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 97 homes newly listed for sale in Annapolis compared to 104 in August 2024, a decrease of 7%. There were 88 current contracts pending sale this August compared to 79 a year ago. The number of current contracts is 11% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Annapolis was 96.6% of the average list price, which is 2.9% lower than at this time last year.

Days on Market
This month, the average number of days on market was 32, higher than the average last year, which was 30, an increase of 7%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.