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Compass Real Estate

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Housecats Company
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Housecats Co.

2077 Somerville Rd

Suite 200

Annapolis, MD 21401

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Southern Maryland | 2024 Annual Market Report

2024

Southern Maryland

Waterfront Report

Calvert County | Charles County | Saint Mary's County

Learn More About The Region
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riverain aperçu du marché

Waterfront properties in Southern Maryland remained an appealing but selective segment in 2024. Buyer interest focused on accessibility, setting, and long-term enjoyment, with transactions often requiring additional evaluation and patience.


While timelines varied, waterfront demand persisted for properties that balanced lifestyle appeal with everyday functionality. The segment’s performance reflected steady engagement rather than urgency, consistent with the region’s broader market character.

Southern Maryland

Aperçu

Southern Maryland encompasses a mix of growing residential communities, rural areas, and waterfront pockets, shaped by accessibility to employment centers and a desire for space and flexibility. The region attracts buyers looking for relative affordability, newer housing options, and lifestyle balance, including commuters and families prioritizing long-term practicality. Market dynamics here continue to evolve alongside regional growth patterns.

Southern Maryland | 2024 Annual Market Report

97.5%

LIST TO SALES PRICE RATIO

207

TOTAL TRANSACTIONS

$706,388

moyen prix de vente

16

median days sur mkt

Southern Maryland | 2024 Annual Market Report
Southern Maryland | 2024 Annual Market Report
Southern Maryland | 2024 Annual Market Report

THIS YEAR'S

Top Ventes

buyer behavior

A closer look at how buyers are navigating today’s market

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Buyer behavior across Southern Maryland in 2024 reflected a practical and measured approach. Purchasers emphasized long-term usability, location, and affordability, engaging steadily without the pressure-driven dynamics seen in other cycles. This mindset contributed to consistent market participation throughout the year.

Southern Maryland | 2024 Annual Market Report

market composition

Market composition in Southern Maryland during 2024 reflected balanced engagement across price ranges, shaped by practical buyer motivations and varied housing stock. Activity was not concentrated in a single segment, but rather distributed as buyers evaluated options based on space, accessibility, and long-term fit.


This even distribution contributed to a market environment defined by steady absorption rather than rapid swings. Outcomes were influenced by how well properties aligned with everyday needs, reinforcing the region’s reputation for functional demand rather than speculative movement.

Chesapeake Beach

Chesapeake Beach

Chesapeake Beach offers a coastal town atmosphere centered on bay access, walkability, and recreational amenities, appealing to buyers seeking a relaxed waterfront setting within commuting distance.

→ View Market Report
Leonardtown

Leonardtown

Leonardtown blends historic charm with modern growth, offering walkable amenities, cultural activity, and a strong sense of local identity.

→ View Market Report
North Beach

North Beach

North Beach is a small, bayfront community known for its boardwalk, local events, and close-knit feel, attracting buyers who value water access and a slower, community-oriented pace.

→ View Market Report
Solomons

Solomons

Solomons delivers a waterfront lifestyle rooted in boating, dining, and community character, appealing to residents drawn to coastal living with everyday usability.

→ View Market Report

Towns Driving waterfront Activity

Town-level activity across Southern Maryland varied based on growth patterns, housing mix, and proximity to employment centers. These local distinctions influenced outcomes throughout the year, underscoring the importance of place-specific context within the region.

Looking Ahead

As Southern Maryland looked toward the next market phase, conditions remained shaped by growth, accessibility, and practical buyer priorities. Understanding how these factors continue to influence local communities will remain central to navigating opportunities in the region.

Southern Maryland | 2024 Annual Market Report
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Whether you’re buying, selling, or simply staying informed, a deeper look at your specific town or property type can provide valuable perspective.

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. 

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2077 Somerville Rd

suite 200

Annapolis, MD 21401

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