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Housecats Co.

2077 Somerville Rd

Suite 200

Annapolis, MD 21401

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Greater Annapolis | Q2 2023 Market Update
Q2 2023 MARKET UPDATE

Greater Annapolis

Anne Arundel County

le quarter dans analyse

SECOND QUARTER

Greater Annapolis saw increased market activity in Q2 2023 as spring conditions supported broader buyer engagement. Homes aligned with pricing expectations and lifestyle preferences attracted attention, while overall participation reflected renewed seasonal momentum. The quarter reinforced the region’s responsiveness to spring demand.

Greater Annapolis | Q2 2023 Market Update
Greater Annapolis | Q2 2023 Market Update

Greater Annapolis

Aperçu

This snapshot captures spring-season activity across Greater Annapolis.

$1,185,711,276

TOTAL SALES VOLUME

2037

TOTAL TRANSACTIONS

1.2

eoy months de inventaire

6

median jours sur le marché

$481,863

median prix de vente

100.7%

list to sales price ratio

Greater Annapolis | Q2 2023 Market Update
Greater Annapolis | Q2 2023 Market Update

luxury markets

Luxury buyers re-engaged cautiously.

$1,679,089

AVERAGE PRICE IN

Q2

139

SALES IN

Q2

5

AVERAGE DOM IN

Q2

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

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

Greater Annapolis | Q2 2023 Market Update
Greater Annapolis | Q2 2023 Market Update

waterfront markets

Waterfront interest followed spring patterns.

$1,582,147

AVERAGE PRICE IN

Q2

82

SALES IN

Q2

6

AVERAGE DOM IN

Q2

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.

THIS QUARTER'S

Top Sales

Buyer Behavior

Buyers emphasized fit and value.

Greater Annapolis | Q2 2023 Market Update
Annapolis

Annapolis

Annapolis delivers a distinctive blend of historic charm, maritime culture, and walkable urban living, attracting residents drawn to water access, dining, and cultural vibrancy.

→ View Market Report
Arnold

Arnold

Arnold supports an active, community-focused lifestyle shaped by nearby waterways, parks, and trails, paired with everyday convenience close to downtown Annapolis.

→ View Market Report
Davidsonville

Davidsonville

Davidsonville appeals to buyers seeking space, privacy, and a semi-rural setting, balancing estate-style living with convenient access to Annapolis and regional centers.

→ View Market Report

Town Spotlights

Within the region, certain communities stood out during the quarter based on activity and buyer interest

Looking Ahead

Market direction would normalize seasonally.

Greater Annapolis | Q2 2023 Market Update
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Want a more tailored look at how this quarter impacts your specific town or property type?

Local Intelligence. Modern Reach.

The Housecats Company is an Annapolis-based Compass real estate team specializing in luxury, waterfront, and lifestyle properties across Maryland and Washington, D.C. Our group brings together local expertise, market interpretation, media strategy, and client guidance across Maryland’s most distinctive communities. Sign-up to receive our newsletters and join the pride. 

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2077 Somerville Rd

suite 200

Annapolis, MD 21401

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