Why the Spring Real Estate Market is the Time to Sell

by Jessica Lautz

Thinking of Listing Your Home in Annapolis? Now is the time to make your move. 

This current housing market is pushing Expectations to new heights. If you're thinking of taking advantage of this Spring Market, we can help you make the most of this unique opportunity.

The time is now. Despite numerous speculations that the housing market would cool down due to higher interest rates in 2023, tight inventory has created a much different reality. 

Two recent reports released by Realtor.com and ATTOM shed some light on sellers’ perceptions of the market during this peak homebuying season. Our Agents use this data to create their strategies for both homebuyers and sellers in this market. 

The data on seller expectations

Sellers want the best of both worlds, and the COVID-19 pandemic has left a mark on the housing market. In the Maryland Real Estate Market, bidding wars and cash offers above asking prices are still possible due to a shortage of inventory. 

All these seller-focused data points come to a head when considering market research released in May from ATTOM. According to the report, May, June, and April are the best months to sell your home.  
The report highlights that these months, “may offer seller premiums of 10% or more above market value – with the top 16 best days to sell in the month of May alone.”

Realtor.com also weighed in on the ideal home-selling seasonality, including a score system that ranked active listings, new listings, days on market, and views per property on Realtor.com’s website. 
As we navigate the busy homebuying season, our agents are equipped with essential data to provide outstanding service for their listings. While some cities may experience a fast-moving market due to limited housing options, it's comforting to know that the volatile COVID-19 housing situation has finally settled down.

As for those looking for a home, we are finding just as many frustrated homebuyers as we saw in 2020-2022. When the right home is priced well in a good area, buyers may find themselves with a surprising amount of competition at the offer table, according to the report’s Market Data.

The Best Real Estate Agent in Annapolis is part of our Team


The Best Real Estate Agent in Annapolis is part of our Team

Our real estate agents are not just partnered with the Sotheby's International Realty brand; but have received numerous awards for their expertise and service. The firm is recognized for offering unmatched, high-quality services in the Annapolis real estate market. We were among the top REAL Trends Real Estate Professionals of 2022. With a demonstrated commitment to unparalleled service and a deep understanding of the Annapolis real estate market, we have successfully closed over $300 Million in transactions across Annapolis and Maryland.

Unmatched Services in Downtown Annapolis, Maryland

Based in Downtown Annapolis, Maryland, Stahley Thompson Homes is committed to providing an exceptional level of real estate services. Our team of experienced, dedicated agents specializes in both the sale and purchase of luxury properties. We bring a uniquely refined, yet comprehensive approach to real estate, leveraging our extensive knowledge of the local market and the international reach of the Sotheby's network.

Excellence and Passion for Distinctive Properties

What sets Stahley Thompson Homes apart is our commitment to excellence and our passion for distinctive properties. We believe in the power of local expertise, global reach, and creating relationships built on trust and integrity. Our mission is to connect the area’s most discerning individuals with extraordinary living experiences.

Your Destination for the Finest Properties in Annapolis Real Estate

Whether you are looking for a waterfront home on the Chesapeake Bay, a historic house in downtown Annapolis, or a single-family home, Stahley Thompson Homes of TTR Sotheby's International Realty is the ultimate destination for finding the finest properties and for getting the highest level of services in the real estate industry. We invite you to explore the exceptional with us.

Frequently Asked Questions about the Annapolis Real Estate Market

The Annapolis real estate market is an attractive option for those looking to buy your home. With its close proximity to Washington D.C., Baltimore, and other major cities, Annapolis is an ideal location for those looking to own a home in a vibrant community. The area offers a range of property styles, from single-family homes to high-end waterfront properties. With its waterfront properties along the Chesapeake Bay, Severn River, and South River with strong economic growth, Annapolis provides the perfect combination for a luxury lifestyle. 

What makes Annapolis a unique real estate market?

Annapolis is a unique real estate market due to its rich history, waterfront properties, and the presence of the United States Naval Academy. The city offers a mix of historic homes, luxury waterfront estates, and modern townhouses, catering to a wide range of tastes and budgets.

How has the Annapolis real estate market been performing recently?

While specific market conditions vary during the year, Annapolis generally boasts a robust and active real estate market, thanks in part to its desirable location and high quality of life. For the most current market trends, visit the Annapolis Real Estate Market Summary for real-time trends.

What is the most expensive neighborhood in Annapolis?

Annapolis is home to several upscale neighborhoods. The most prestigious and often the most expensive is the Historic District, known for its beautifully preserved colonial homes. Waterfront properties along the Chesapeake Bay also command high prices.

What services does Stahley Thompson Homes provide to navigate the Annapolis real estate market?

Stahley Thompson Homes provide a comprehensive suite of services to navigate the Annapolis real estate market. This includes buying and selling luxury properties, property management services, and personalized consultations with sellers. Our team leverages local expertise and the global reach of the Sotheby's Real Estate network to deliver exceptional results.

Why should I choose Stahley Thompson Homes as my real estate agent in Annapolis?

Choosing Stahley Thompson Homes means choosing a commitment to excellence, a passion for distinctive properties, and a team that believes in the power of local expertise and global reach. Our mission is to connect discerning individuals with extraordinary living experiences in Annapolis.

Want to learn more? Contact one of our expert agents now.

 

 

Stahley Thompson Homes of TTR Sotheby's International Realty

Since 2010, the real estate advisors at Stahley Thompson Homes have ranked among the highest performing in the region, and are regarded for their integrity, professional service, and community leadership. The team produces extraordinary results for clients by leveraging proprietary global marketing, cutting-edge digital strategies, and the power of local expertise. Truly, this is the quintessential real estate brand.