CHESAPEAKE BEACH, NORTH BEACH, AND DUNKIRK HOUSING MARKET DATA

There was a decrease in total units sold in July, with 28 sold this month in Chesapeake Beach, North Beach, and Dunkirk Real Estate versus 40 last month, a decrease of 30%. This month's total units sold was lower than at this time last year, a decrease of 22% versus July 2024.

Versus last year, the total number of homes available this month is higher by 4 units or 7%. The total number of active inventory this July was 65 compared to 61 in July 2024. This month's total of 65 is lower than the previous month's total supply of available inventory of 80, a decrease of 19%.

Last July, the median sale price for Chesapeake Beach, North Beach, and Dunkirk Homes was $499,500. This July, the median sale price was $571,250, an increase of 14% or $71,750 compared to last year. The current median sold price is 9% lower than in June.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In July, there was 2.3 months of supply available in Chesapeake Beach, North Beach, and Dunkirk, compared to 1.7 in July 2024. That is an increase of 37% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 30 homes newly listed for sale in Chesapeake Beach, North Beach, and Dunkirk compared to 49 in July 2024, a decrease of 39%. There were 33 current contracts pending sale this July compared to 45 a year ago. The number of current contracts is 27% lower than last July.

In July, the average sale price in Chesapeake Beach, North Beach, and Dunkirk was 99.3% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 15, lower than the average last year, which was 29, a decrease of 48%.





FOCUS ON: CHESAPEAKE BEACH, NORTH BEACH, AND DUNKIRK HOUSING MARKET			JULY 2025

Zip Code(s): 20732, 20689, 20714, 20754 and 20736
Units Sold 28	Active Inventory 65	Median Sale Price $571,250	Days On Market 15

Down -22% Vs. Year Ago	Up 7% Vs. Year Ago	Up 14% Vs. Year Ago	Down -48% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 28 sold this month in Chesapeake Beach, North Beach, and Dunkirk Real Estate versus 40 last month, a decrease of 30%. This month's total units sold was lower than at this time last year, a decrease of 22% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 4 units or 7%. The total number of active inventory this July was 65 compared to 61 in July 2024. This month's total of 65 is lower than the previous month's total supply of available inventory of 80, a decrease of 19%.
		Median Sale Price Last July, the median sale price for Chesapeake Beach, North Beach, and Dunkirk Homes was $499,500. This July, the median sale price was $571,250, an increase of 14% or $71,750 compared to last year. The current median sold price is 9% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 30	Current Contracts 33	Sold Vs. List Price 99.3%	Months of Supply 2.3

Down -39% Vs. Year Ago	Down -27% Vs. Year Ago	Down -0.8% Vs. Year Ago	Up 37% Vs. Year Ago


		Months of Supply In July, there was 2.3 months of supply available in Chesapeake Beach, North Beach, and Dunkirk, compared to 1.7 in July 2024. That is an increase of 37% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 30 homes newly listed for sale in Chesapeake Beach, North Beach, and Dunkirk compared to 49 in July 2024, a decrease of 39%. There were 33 current contracts pending sale this July compared to 45 a year ago. The number of current contracts is 27% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Chesapeake Beach, North Beach, and Dunkirk was 99.3% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 15, lower than the average last year, which was 29, a decrease of 48%.


	Chesapeake Beach, North Beach, and Dunkirk are defined as properties listed in zip code/s 20732, 20689, 20714, 20754 and 20736.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.