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Sell Buy Markets Guides Media Company
Housecats Co.
2077 Somerville Rd
Suite 200
Annapolis, MD 21401
Q3 2023 MARKET UPDATE
Eastern Shore
Queen Anne's County | Kent County | Talbot County
the quarter in review
THIRD QUARTER
Activity on the Eastern Shore in Q3 2023 was shaped by seasonal dynamics and lifestyle-driven demand. Buyers remained engaged through the summer period, though decision-making slowed modestly as the season progressed. The quarter reflected balanced conditions influenced by timing and fit rather than urgency.
Eastern Shore
Snapshot
This snapshot captures late-summer activity on the Eastern Shore.
$255,915,222
Total Sales Volume
424
Total Transactions
2.4
months of inventory
11
median days on market
$479,967
median sales price
98.9%
list to sales price ratio
luxury markets
Luxury buyers remained selective.
$1,720,674
AVERAGE PRICE IN
Q3
49
SALES IN
Q3
9
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 demand followed measured pacing.
$1,313,884
AVERAGE PRICE IN
Q3
68
SALES IN
Q3
11
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 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
Momentum would reflect 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
