ANNAPOLIS HOUSING MARKET DATA

There was an increase in total units sold in March, with 79 sold this month in Annapolis Real Estate. This month's total units sold was lower than at this time last year.

Versus last year, the total number of homes available this month is higher by 13 units or 9%. The total number of active inventory this March was 156 compared to 143 in March 2024. This month's total of 156 is lower than the previous month's total supply of available inventory of 171, a decrease of 9%.

Last March, the median sale price for Annapolis Homes was $515,000. This March, the median sale price was $675,000, an increase of $160,000 compared to last year. The current median sold price is higher than in February.

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

In March, there was 2.0 months of supply available in Annapolis, compared to 1.5 in March 2024. That is an increase of 30% 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 106 homes newly listed for sale in Annapolis compared to 109 in March 2024, a decrease of 3%. There were 100 current contracts pending sale this March compared to 96 a year ago. The number of current contracts is 4% higher than last March.

In March, the average sale price in Annapolis was 100.1% of the average list price, which is 0.7% 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 21, an increase of 10%.





FOCUS ON: ANNAPOLIS HOUSING MARKET			MARCH 2025

Zip Code(s): 21401, 21403, 21402 and 21405
Units Sold 79	Active Inventory 156	Median Sale Price $675,000	Days On Market 23

Down -16% Vs. Year Ago	Up 9% Vs. Year Ago	Up 31% Vs. Year Ago	Up 10% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 79 sold this month in Annapolis Real Estate. This month's total units sold was lower than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 13 units or 9%. The total number of active inventory this March was 156 compared to 143 in March 2024. This month's total of 156 is lower than the previous month's total supply of available inventory of 171, a decrease of 9%.
		Median Sale Price Last March, the median sale price for Annapolis Homes was $515,000. This March, the median sale price was $675,000, an increase of $160,000 compared to last year. The current median sold price is higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 106	Current Contracts 100	Sold Vs. List Price 100.1%	Months of Supply 2.0

Down -3% Vs. Year Ago	Up 4% Vs. Year Ago	Down -0.7% Vs. Year Ago	Up 30% Vs. Year Ago


		Months of Supply In March, there was 2.0 months of supply available in Annapolis, compared to 1.5 in March 2024. That is an increase of 30% 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 106 homes newly listed for sale in Annapolis compared to 109 in March 2024, a decrease of 3%. There were 100 current contracts pending sale this March compared to 96 a year ago. The number of current contracts is 4% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Annapolis was 100.1% 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 23, higher than the average last year, which was 21, an increase of 10%.


	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.