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Sell Buy Markets Guides Media Company
Housecats Co.
2077 Somerville Rd
Suite 200
Annapolis, MD 21401
Q3 2024 MARKET UPDATE
Eastern Shore
Queen Anne's County | Kent County | Talbot County
le quarter dans analyse
THIRD QUARTER
With Q3 2024 behind us, the Eastern Shore market clearly signaled a rebalancing act. Buyer enthusiasm softened slightly—sales and volume dipped, inventory edged higher, and median prices eased. Yet, rising GDP and lower borrowing rates provided economic lift. The waterfront segment told its own story: values climbed, yet listings lingered longer, suggesting a recalibrated pace at the upper end. This quarter wasn’t a pullback—it was a thoughtful reset, a chance for the market to exhale and align with broader economic rhythms.
Eastern Shore
Aperçu
This snapshot reflects late-summer activity on the Eastern Shore.
$286,604,768
TOTAL SALES VOLUME
460
TOTAL TRANSACTIONS
3.2
eoy months de inventaire
15
median jours sur le marché
$492,000
median prix de vente
94.0%
list to sales price ratio
luxury markets
Luxury buyers remained selective.
$2,064,957
AVERAGE PRICE IN
Q3
43
SALES IN
Q3
23
AVERAGE DOM IN
Q3
Luxury homes are defined as properties priced above $1M.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
waterfront markets
Waterfront interest followed a measured pace.
$1,536,586
AVERAGE PRICE IN
Q3
62
SALES IN
Q3
30
AVERAGE DOM IN
Q3
Waterfront homes are defined as properties with direct water access from the property.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
THIS QUARTER'S
Top Sales
Buyer Behavior
Buyers evaluated opportunities with timing in mind.
Chestertown
Chestertown blends historic charm with a relaxed pace of life, attracting residents drawn to community, heritage, and a quieter Eastern Shore setting.
Easton
Easton offers a refined small-town lifestyle with a vibrant arts scene, dining, and everyday convenience, appealing to buyers seeking charm without isolation.
Oxford
Oxford delivers a quiet, traditional waterfront lifestyle centered on boating, privacy, and historic architecture, appealing to buyers seeking understated coastal living.
Town Spotlights
Within the region, certain communities stood out during the quarter based on activity and buyer interest
Looking Ahead
Activity will depend on continued lifestyle demand.
Local Intelligence. Modern Reach.
The Housecats Company is an Annapolis-based Compass real estate team specializing in luxury, waterfront, and lifestyle properties across Maryland and Washington, D.C. Our group brings together local expertise, market interpretation, media strategy, and client guidance across Maryland’s most distinctive communities. Sign-up to receive our newsletters and join the pride.
2077 Somerville Rd
suite 200
Annapolis, MD 21401
