EASTERN SHORE MARYLAND HOUSING MARKET DATA

The number of units sold remained stable in June, with 1,103 sold this month in Eastern Shore Maryland Real Estate. This month's total units sold was lower than at this time last year, a decrease of 16% versus June 2024.

Versus last year, the total number of homes available this month is higher by 423 units or 11%. The total number of active inventory this June was 4,238 compared to 3,815 in June 2024. This month's total of 4,238 is lower than the previous month's total supply of available inventory of 4,530, a decrease of 6%.

Last June, the median sale price for Eastern Shore Maryland Homes was $435,900. This June, the median sale price was $430,000, a decrease of 1% or $5,900 compared to last year. The current median sold price is 3% lower 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.

In June, there was 3.8 months of supply available in Eastern Shore Maryland, compared to 3.4 in June 2024. That is an increase of 12% 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 1,215 homes newly listed for sale in Eastern Shore Maryland compared to 1,452 in June 2024, a decrease of 16%. There were 1,086 current contracts pending sale this June compared to 1,128 a year ago. The number of current contracts is 4% lower than last June.

In June, the average sale price in Eastern Shore Maryland was 98.6% of the average list price, which is 0.9% lower than at this time last year.

This month, the average number of days on market was 52, higher than the average last year, which was 40, an increase of 30%.





FOCUS ON: EASTERN SHORE MARYLAND HOUSING MARKET			JUNE 2025

Units Sold 1,103	Active Inventory 4,238	Median Sale Price $430,000	Days On Market 52

Down -1% Vs. Year Ago	Up 11% Vs. Year Ago	Down -1% Vs. Year Ago	Up 30% Vs. Year Ago


		Units Sold The number of units sold remained stable in June, with 1,103 sold this month in Eastern Shore Maryland Real Estate. This month's total units sold was lower than at this time last year, a decrease of 16% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 423 units or 11%. The total number of active inventory this June was 4,238 compared to 3,815 in June 2024. This month's total of 4,238 is lower than the previous month's total supply of available inventory of 4,530, a decrease of 6%.
		Median Sale Price Last June, the median sale price for Eastern Shore Maryland Homes was $435,900. This June, the median sale price was $430,000, a decrease of 1% or $5,900 compared to last year. The current median sold price is 3% lower 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.



New Listings 1,215	Current Contracts 1,086	Sold Vs. List Price 98.6%	Months of Supply 3.8

Down -16% Vs. Year Ago	Down -4% Vs. Year Ago	Down -0.9% Vs. Year Ago	Up 12% Vs. Year Ago


		Months of Supply In June, there was 3.8 months of supply available in Eastern Shore Maryland, compared to 3.4 in June 2024. That is an increase of 12% 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 1,215 homes newly listed for sale in Eastern Shore Maryland compared to 1,452 in June 2024, a decrease of 16%. There were 1,086 current contracts pending sale this June compared to 1,128 a year ago. The number of current contracts is 4% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Eastern Shore Maryland was 98.6% of the average list price, which is 0.9% lower than at this time last year. Days on Market This month, the average number of days on market was 52, higher than the average last year, which was 40, an increase of 30%.


	*Defined as the counties Caroline, Cecil, Dorchester, Kent, Queen Annes, Somerset, Talbot, Wicomico, and Worcester in MD and Sussex County in DE
	*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.