Playing the Hand: How a Wild Card Is Shaping the AAC Waterfront Market
You have to play the cards you’ve been dealt in the Anne Arundel County waterfront market—and right now, the numbers are telling an interesting story.
Showings are down 6%, new contracts have dipped 4.3%, and days on market have increased by 33%. These shifts point to a market that has clearly slowed from the frenzied pace of the past few years, requiring both buyers and sellers to adjust expectations and strategy.
But there’s a serious wild card keeping everything in balance: new listings. Inventory has increased by 11%, giving buyers more options and easing some of the pressure created by historically low supply. At the same time, many homeowners are still holding onto ultra-low 3% interest rates, which continues to limit just how much inventory actually reaches the market.
The result is a market that’s settling into something much more “normal.” While activity has cooled, the increase in listings is creating a sense of equilibrium—neither strongly favoring buyers nor sellers. In this environment, success comes down to strategy, pricing, and understanding how to navigate current conditions with confidence.
David Orso is the dominant Severna Park real estate agent in both Waterfront and Non-Waterfront home sales. In the last 10 years, David has been the agent on 55 of 331 waterfront home sales in Severna Park, which is more than quadruple any other agent. Knowing the nuances of local waterfront home sales is a critical variable to success in this specific category. David’s office is conveniently located at 8 Evergreen Road in the heart of Severna Park (the white rancher across from Severn School). Stop by or schedule a private confidential conversation if you are thinking of buying or selling your home.
