Sunday, May 11, 2025

πŸ”‘ Keys & Contracts Sunday Edition – May 11th, 2025


Happy Mother’s Day weekend! Whether you’re brunching, hanging out with the kids, or just enjoying the spring sunshine, this week’s edition has something for you: updated Maryland market trends, fresh advice for buyers and sellers, a quick look at what’s happening locally, and hyperlocal updates from five key counties.

πŸ“ˆ Maryland Market Pulse

Rates Watch:
πŸ“‰ Mortgage rates held steady this week, hovering around 6.28% for a 30-year fixed. While not a dramatic drop, this stability is giving buyers more confidence as we head into the peak of the spring season.

Inventory Trending Up:
We’re seeing continued listing momentum, with new listings increasing another 4.2% this week. Anne Arundel, Calvert, and Prince George’s counties all saw notable gains. More homes = more opportunity—but competition is still strong for updated, move-in-ready properties.

Fast Movers:
Properties priced between $400K–$500K are still the hottest segment. Many are going under contract within 7–10 days, especially in areas near commuter routes or highly rated school zones.


🌍 Local Market Pulse

Anne Arundel County

Anne Arundel continues to perform as a seller-favored market. Listings are up slightly from April, but demand remains strong. The median sale price sits just over $500,000, with homes selling in under 10 days on average. Areas like Crofton and Severna Park are experiencing bidding wars for updated properties under $600K.

Calvert County

Calvert is seeing modest inventory gains, but supply is still tight. The median sale price is hovering around $455,000, with homes moving within 13–15 days on average. Buyers are gravitating toward rural properties with land, and waterfront homes are generating strong spring interest.

Prince George's County

The PG County market is starting to stabilize. Prices have plateaued slightly, but homes in good condition are still getting strong offers. The current median price is about $440,000, and average time on market is just under 20 days. Entry-level buyers remain active, especially near Metro-accessible neighborhoods.

Charles County

Charles County saw another small surge in new listings this week. Median prices remain stable around $455,000, and homes are averaging 16 days on market. Homes under $500K are seeing heavy activity. Sellers offering updated kitchens and flexible closing timelines are receiving the most interest.

St. Mary's County

St. Mary’s County remains a competitive but price-sensitive market. The average list price sits around $410,000, and homes are spending an average of 22 days on market. VA buyers and military families continue to drive demand near NAS Pax River, especially for homes with modern amenities and fenced yards.


🧼 Homeowner Tip of the Week: Prepare for Summer Utility Bills

The days are getting warmer—which means higher utility bills are on the horizon. Get ahead now by:

  • Servicing your HVAC system (change filters, check coolant)

  • Sealing drafty windows and doors to keep cool air inside

  • Installing a programmable thermostat to better manage temps

  • Shading west-facing windows with curtains or outdoor coverings

Little tweaks now can save you hundreds through July and August.


πŸ”Ž Real Estate Mythbuster

Myth: “I can’t compete unless I waive all contingencies.”
Truth: While some buyers still waive inspections or financing clauses, many are winning with smart terms instead of risky ones. Offer flexibility with closing dates, stronger earnest money, or pre-offer inspections instead. Protecting yourself doesn’t mean losing the deal.


🏑 Homebuyer Tip of the Week: Prioritize the Commute

It’s easy to fall in love with a house and overlook the drive. Before making an offer:

  • Test your commute during rush hour

  • Map alternate routes and nearby public transit options

  • Factor in fuel or toll costs

The right house in the wrong location can lead to long-term frustration. Choose comfort and convenience.


πŸ—Ί️ Local Spotlight: National Police Week (D.C. & Maryland)

May 12–18 is National Police Week, and the DMV hosts one of the largest commemorations in the country. Whether you're local or just visiting, here are events worth checking out:

  • Candlelight Vigil – May 13 at the National Mall

  • Memorial Service – May 15 at the U.S. Capitol

  • Family activities and law enforcement expo throughout the week

Let’s take a moment to honor and support those who serve our communities.


πŸ’‘ Ask a Realtor

Q: Can I still sell "as-is" in today’s market?
A: Absolutely—but pricing is key. "As-is" doesn’t mean buyers won’t negotiate. Homes that are clean, decluttered, and well-marketed can still get top dollar—even without repairs. Make sure your agent markets the home correctly and helps manage buyer expectations.


πŸ—“️ Seller Tip of the Week: Highlight Outdoor Features

As temps rise, buyers are dreaming of grilling, gardening, and relaxing outside. Make your listing stand out by:

  • Power washing decks, patios, and driveways

  • Adding potted flowers or small planters

  • Setting up outdoor furniture to show entertaining potential

Well-staged outdoor areas can boost perceived value and help homes sell faster.


🏁 Final Thought

The Maryland market is heating up—literally and figuratively. Whether you’re buying, selling, or just browsing, it pays to stay one step ahead. Let’s navigate the season with strategy and confidence.

See you next Sunday,

Sean Tavalozzi

Keller Williams

Danmar Properties

Cell: 203-233-8445

Email: Sean@Danmarprops.com


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