As we transition into the busy spring market, the latest data for Anne Arundel County shows key shifts in inventory, pricing, buyer activity, and mortgage rates. Whether you’re considering buying or selling, staying informed about these trends will help you make strategic decisions in today’s dynamic housing market.
Buyer Demand is Surging: Showing Activity Up 43.2%
One of the most striking trends this month is the significant increase in buyer activity across Maryland. Showing activity is up 43.2% compared to the beginning of the year, making this one of the busiest spring seasons in recent years.
This surge in showings suggests that buyers are becoming more active, likely driven by slightly declining interest rates, stable home prices, and increased inventory. If this trend continues, competition for desirable homes could heat up quickly, leading to multiple-offer situations in certain price points and neighborhoods.
If you’re a seller, this is a strong indicator that buyer demand is already in full swing—listing sooner rather than later could help you take advantage of this momentum.
Active Listings Are Increasing
The number of active listings in Anne Arundel County has increased to 617 homes, reflecting an 11% rise from last month. This increase aligns with the seasonal trend, as many homeowners prepare their properties for sale in the spring market.
Looking at the Active Inventory by Year, we see that 2025 is tracking similarly to previous years, suggesting a typical market cycle. However, the increase in showing activity suggests that these new listings may be absorbed quickly by eager buyers.
If you’re considering selling, now is the time to start preparing your home. More inventory means more competition among sellers, so proper pricing and home presentation will be key to standing out in the market.
Interest Rates Are Trending Downward
One of the most notable shifts in the market is the gradual decline in mortgage rates. The current 30-year fixed mortgage rate stands at 6.66%, down by 9 basis points from last week.
While there is still uncertainty in the financial markets due to economic factors such as tariffs and inflation, the long-term trend suggests rates may continue to ease. Historically, mortgage rates have tracked above the 10-year Treasury yield, with an average spread of 1.72%. Right now, that spread is 2.38%, which means there could be room for further rate reductions in the coming months.
Lower rates improve affordability, allowing buyers to qualify for higher-priced homes while keeping their monthly payments manageable.
Home Prices Holding Steady, With Year-Over-Year Growth
The median sales price in Anne Arundel County last month was $478,700, reflecting a 3.8% increase ($17,700) from last year.
While home values have remained relatively stable month-over-month, the year-over-year appreciation indicates sustained demand in the market. With inventory still limited and showing activity increasing, prices are expected to continue rising, particularly for desirable properties.
Homes Are Selling Faster, Except for Condos
The median Days on Market (DOM) has decreased across most property types, with single-family homes and townhomes selling faster than in previous months. However, condos are taking longer to sell, which may indicate softer demand in that segment.
As we move deeper into spring, the increased competition among buyers will likely push sales velocity even higher. If you’re in the market to buy, expect multiple-offer situations on well-priced homes in sought-after neighborhoods.
What This Means for Buyers & Sellers
- For Sellers: Rising inventory means more competition, but increased buyer demand (as shown by higher showing activity) makes this a great time to list. Homes that are well-prepped and priced right are selling quickly.
- For Buyers: Interest rates are slightly lower, and inventory is starting to increase, offering more options. However, higher showing activity means more competition—acting now could help you secure a home before competition intensifies further.
Final Thoughts
With buyer demand surging, inventory rising, and mortgage rates declining, we are set for a competitive and active spring housing market. If you’re thinking about buying or selling in Anne Arundel County, now is the time to develop a strategy that aligns with the latest market conditions.
Have questions about buying or selling? Let’s connect! I’d love to help you navigate this market and position yourself for success.
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