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FOCUS ON: CHESAPEAKE BEACH, NORTH BEACH, AND DUNKIRK HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 20732, 20689, 20714, 20754 and 20736 |
Units Sold
39 |
Active Inventory
64 |
Median Sale Price
$630,000 |
Days On Market
14 |
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Down -9%
Vs. Year Ago |
Down -11%
Vs. Year Ago |
Up 11%
Vs. Year Ago |
Down -13%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 39 sold this month in Chesapeake Beach, North Beach, and Dunkirk Real Estate versus 47 last month, a decrease of 17%. This month's total units sold was lower than at this time last year, a decrease of 9% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 8 units or 11%. The total number of active inventory this June was 64 compared to 72 in June 2024. This month's total of 64 is lower than the previous month's total supply of available inventory of 82, a decrease of 22%.
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Median Sale Price
Last June, the median sale price for Chesapeake Beach, North Beach, and Dunkirk Homes was $569,000. This June, the median sale price was $630,000, an increase of 11% or $61,000 compared to last year. The current median sold price is 7% higher than in May.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
41 |
Current Contracts
44 |
Sold Vs. List Price
99.6% |
Months of Supply
1.6 |
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Down -11%
Vs. Year Ago |
Up 52%
Vs. Year Ago |
Down -1.6%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In June, there was 1.6 months of supply available in Chesapeake Beach, North Beach, and Dunkirk. The amount of supply is similar compared to 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.
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New Listings & Current Contracts
This month there were 41 homes newly listed for sale in Chesapeake Beach, North Beach, and Dunkirk compared to 46 in June 2024, a decrease of 11%. There were 44 current contracts pending sale this June compared to 29 a year ago. The number of current contracts is 52% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Chesapeake Beach, North Beach, and Dunkirk was 99.6% of the average list price, which is 1.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 14, lower than the average last year, which was 16, a decrease of 13%.
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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. |