EASTERN SHORE MARYLAND HOUSING MARKET DATA

There was an increase in total units sold in August, with 1,085 sold this month in Eastern Shore Maryland Real Estate versus 1,079 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 5% versus August 2024.

Versus last year, the total number of homes available this month is higher by 244 units or 6%. The total number of active inventory this August was 4,252 compared to 4,008 in August 2024. This month's total of 4,252 is lower than the previous month's total supply of available inventory of 4,519, a decrease of 6%.

Last August, the median sale price for Eastern Shore Maryland Homes was $429,900. This August, the median sale price was approximately the same at $435,000. The current median sold price is 1% higher than in August 2024.

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

In August, there was 3.9 months of supply available in Eastern Shore Maryland, compared to 3.5 in August 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 1,304 homes newly listed for sale in Eastern Shore Maryland compared to 1,531 in August 2024, a decrease of 15%. There were 1,201 current contracts pending sale this August compared to 1,164 a year ago. The number of current contracts is 3% higher than last August.

In August, the average sale price in Eastern Shore Maryland was 97.2% of the average list price, which is 1.8% lower than at this time last year.

This month, the average number of days on market was 59, higher than the average last year, which was 44, an increase of 34%.





FOCUS ON: EASTERN SHORE MARYLAND HOUSING MARKET			AUGUST 2025

Units Sold 1,085	Active Inventory 4,252	Median Sale Price $435,000	Days On Market 59

Down -5% Vs. Year Ago	Up 6% Vs. Year Ago	Up 1% Vs. Year Ago	Up 34% Vs. Year Ago


		Units Sold There was an increase in total units sold in August, with 1,085 sold this month in Eastern Shore Maryland Real Estate versus 1,079 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 5% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 244 units or 6%. The total number of active inventory this August was 4,252 compared to 4,008 in August 2024. This month's total of 4,252 is lower than the previous month's total supply of available inventory of 4,519, a decrease of 6%.
		Median Sale Price Last August, the median sale price for Eastern Shore Maryland Homes was $429,900. This August, the median sale price was approximately the same at $435,000. The current median sold price is 1% higher than in August 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 1,304	Current Contracts 1,201	Sold Vs. List Price 97.2%	Months of Supply 3.9

Down -15% Vs. Year Ago	Up 3% Vs. Year Ago	Down -1.8% Vs. Year Ago	Up 12% Vs. Year Ago


		Months of Supply In August, there was 3.9 months of supply available in Eastern Shore Maryland, compared to 3.5 in August 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 1,304 homes newly listed for sale in Eastern Shore Maryland compared to 1,531 in August 2024, a decrease of 15%. There were 1,201 current contracts pending sale this August compared to 1,164 a year ago. The number of current contracts is 3% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Eastern Shore Maryland was 97.2% of the average list price, which is 1.8% lower than at this time last year. Days on Market This month, the average number of days on market was 59, higher than the average last year, which was 44, an increase of 34%.


	*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.