Q4 2024 MARKET UPDATE
Eastern Shore
Queen Anne's County | Kent County | Talbot County
the quarter in review
FOURTH QUARTER
As the year closed, the Eastern Shore entered a dynamic rhythm. Sales ticked up, volume pushed forward, and pricing resumed its climb. Waterfront and luxury sectors saw remarkable uptake—even as days on market shortened—while high-demand price bands ($500K to $1.5M+) saw the biggest gains. Inventory eased nearly 10%, inviting renewed urgency. In short, it wasn’t a sprint—it was a stride: calculated, confident, and forward-focused.
Eastern Shore
Snapshot
This snapshot reflects year-end conditions on the Eastern Shore.
$335,159,041
TOTAL SALES VOLUME
472
TOTAL TRANSACTIONS
2.9
eoy months of inventoRy
19
median days on market
$501,763
median sales price
97.8%
list to sales price ratio
luxury markets
Luxury buyers remained lifestyle-focused.
$2,093,806
AVERAGE PRICE IN
Q4
68
SALES IN
Q4
31
AVERAGE DOM IN
Q4
Luxury homes are defined as properties priced above $1M.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
waterfront markets
Waterfront activity reflected patience.
$1,756,348
AVERAGE PRICE IN
Q4
83
SALES IN
Q4
23
AVERAGE DOM IN
Q4
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
Buyer behavior emphasized long-term 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
Market direction will reflect seasonal re-entry.
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