As the fall season settles in across Anne Arundel County, the housing market is showing signs of balance — something we haven’t seen in a while. Inventory is up, prices are holding steady, and mortgage rates have edged down slightly from their summer highs. For both buyers and sellers, that combination is bringing a welcome sense of predictability after several years of constant change.
A Market Finding Its Rhythm
There are now 1,094 homes for sale in Anne Arundel County — a 5.6% increase from last month and one of the highest inventory levels we’ve seen since before the pandemic. For buyers, that means more choices. For sellers, it means more competition.
Even with more listings available, homes that are priced correctly and presented well are still moving quickly. Across the county, the median days on market are holding firm:
- Detached homes: 13 days
- Townhomes: 9 days
- Condos: 9 days
That’s a strong indicator that buyer demand remains active, especially for well-maintained homes in desirable areas like Pasadena, Severna Park, and Arnold.
Home Prices Hold Steady
The median sales price in Anne Arundel County came in at $490,990, up 1.5% from last year. Prices have leveled off from the aggressive growth we saw during the pandemic, but they’re far from declining.
In Pasadena, that stability reflects what many homeowners already know — our community continues to attract buyers for its water access, schools, and quality of life. While neighboring cities like Annapolis and Severna Park still lead in overall price, Pasadena offers some of the strongest value in the region for families and investors alike.
Interest Rates Bring Some Relief
The average 30-year fixed mortgage rate is now 6.31%, down from the highs of over 7% earlier this year. It’s not a huge drop, but it’s enough to make a difference.
On a $500,000 loan, that change can lower a monthly payment by a few hundred dollars — often the difference between stretching for a dream home or comfortably affording it. Buyers who paused their search earlier this year due to rate fatigue are starting to re-enter the market this fall, encouraged by slightly lower payments and growing inventory.
Behind the scenes, the gap between mortgage rates and the 10-year Treasury bond — a key financial benchmark — remains wider than usual. If that spread narrows, we could see more rate relief heading into 2026.
What This Means for Buyers and Sellers
For buyers, this fall offers a window of opportunity. More homes are available, sellers are showing flexibility, and rates are easing modestly. The competition is less intense than the spring, and the best listings are still attracting quick offers — often within the first two weeks.
For sellers, strategic preparation is key. Homes that show well, are priced right, and marketed effectively continue to perform strongly. With buyers watching rates closely, professional presentation and timing matter more than ever.
Pasadena’s Enduring Appeal
Even as the broader market shifts, Pasadena continues to stand out for its balance of lifestyle and value. Waterfront communities, quiet neighborhoods, and strong local amenities make it one of the most desirable — and stable — markets in Anne Arundel County. Whether you’re buying, selling, or simply keeping an eye on trends, the outlook remains steady and optimistic heading into the final quarter of 2025.
Thinking About Your Next Move?
If you’re curious about homes for sale in Pasadena MD, or want to know what your home could sell for in today’s market, I’d be happy to provide a personalized update.
The market is always moving — but with the right strategy, timing, and guidance, you can move with confidence.