The Long & Foster Market Minute

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

Zip Code(s): 20732, 20689, 20714, 20754 and 20736
Units Sold
29
Active Inventory
65
Median Sale Price
$487,400
Days On Market
18
Up 16%
Vs. Year Ago
Up 10%
Vs. Year Ago
Down -13%
Vs. Year Ago
Down -10%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in September, with 29 sold this month in Chesapeake Beach, North Beach, and Dunkirk Real Estate versus 37 last month, a decrease of 22%. This month's total units sold was higher than at this time last year, an increase of 16% versus September 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 6 units or 10%. The total number of active inventory this September was 65 compared to 59 in September 2024. This month's total of 65 is lower than the previous month's total supply of available inventory of 87, a decrease of 25%.

Median Sale Price
Last September, the median sale price for Chesapeake Beach, North Beach, and Dunkirk Homes was $560,000. This September, the median sale price was $487,400, a decrease of 13% or $72,600 compared to last year. The current median sold price is 18% lower than in August.

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
42
Sold Vs. List Price
100.4%
Months of Supply
2.2
Down -36%
Vs. Year Ago
Up 11%
Vs. Year Ago
No Change
Vs. Year Ago
Down -5%
Vs. Year Ago

Months of Supply
In September, there was 2.2 months of supply available in Chesapeake Beach, North Beach, and Dunkirk, compared to 2.4 in September 2024. That is a decrease of 5% 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 47 in September 2024, a decrease of 36%. There were 42 current contracts pending sale this September compared to 38 a year ago. The number of current contracts is 11% higher than last September.

Sale Price to List Price Ratio
In September, the average sale price in Chesapeake Beach, North Beach, and Dunkirk was 100.4% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 18, lower than the average last year, which was 20, a decrease of 10%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.