Q2 2024 MARKET UPDATE
Eastern Shore
Queen Anne's County | Kent County | Talbot County
the quarter in review
SECOND QUARTER
Spring arrived with clarity on the Eastern Shore—market momentum surged forward. Sales and volume climbed sharply, pricing jumped double digits, and listings moved faster than in months past. Waterfront and luxury sectors led the renewed charge, delivering both premium pricing and urgency. Inventory thinned just enough to keep supply tight, yet buyers surged in with purpose and clarity. This quarter wasn’t just active—it was decisive. And this report brings that renewed energy into focus with poise and insight.
Eastern Shore
Snapshot
This snapshot captures spring-quarter conditions on the Eastern Shore.
$337,709,629
TOTAL SALES VOLUME
498
TOTAL TRANSACTIONS
3
eoy months of inventoRy
10
median days on market
$503,922
median sales price
97.2%
list to sales price ratio
luxury markets
Luxury buyers re-entered selectively.
$2,044,579
AVERAGE PRICE IN
Q2
61
SALES IN
Q2
10
AVERAGE DOM IN
Q2
Luxury homes are defined as properties priced above $1M.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
waterfront markets
Waterfront engagement strengthened seasonally.
$1,593,448
AVERAGE PRICE IN
Q2
83
SALES IN
Q2
13
AVERAGE DOM IN
Q2
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.
Top Sales
THIS QUARTER
Buyer Behavior
A closer look at how buyers are navigating today’s market
Buyers weighed timing and fit.
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 remain sensitive to demand timing.
More Than Real Estate.
It’s How You Live Here.
Buying or selling a home is just the start.
What matters is understanding the place around it — the market, the lifestyle, the culture, the communities, and the forces shaping what comes next. That’s what we do.
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2077 Somerville Rd
suite 200
Annapolis, MD 21401