The Quarter in Review
First Quarter
The first quarter on the Eastern Shore quietly reset expectations. While economic indicators remained solid—GDP rose, confidence held—local real estate saw softer activity, especially in entry-level segments. Inventory climbed meaningfully, giving buyers more space to explore. Notably, the waterfront market stayed resilient, with pricing holding strong even as pace slowed. This wasn’t a downturn—it was a thoughtful pause in a market redefining its rhythm. This report captures that moment with clarity and calm.
Eastern Shore Snapshot
This snapshot reflects first-quarter conditions on the Eastern Shore.
$196,123,994 Total Sales Volume | 326 Total Transactions | 3.8 Months of Inventory |
|---|---|---|
17 Median Days on Market | $449,000 Median Sales Price | 89.5% List to Sales Price Ratio |
Luxury Markets
Luxury buyers remained patient.
28 Sales in Q1 | $2,160,826 Average Price in Q1 | 20 Average DOM in Q1 |
|---|
Luxury homes are defined as properties priced above $1M.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
Waterfront Markets
Waterfront engagement followed winter patterns.
43 Sales in Q1 | $1,648,881 Average Price in Q1 | 17 Average DOM in Q1 |
|---|
Waterfront homes are defined as properties with direct water access from the property.
Figures reflect QTD closed sales from the most recent quarterly reporting period.
Buyer Behavior
Buyers focused on long-term planning.
Town Spotlights
Within the region, certain communities stood out during the quarter based on activity and buyer interest
Chestertown
Chestertown blends historic charm with a relaxed pace of life, attracting residents drawn to community, heritage, and a quieter Eastern Shore setting.
Easton
Easton offers a refined small-town lifestyle with a vibrant arts scene, dining, and everyday convenience, appealing to buyers seeking charm without isolation.
Oxford
Oxford delivers a quiet, traditional waterfront lifestyle centered on boating, privacy, and historic architecture, appealing to buyers seeking understated coastal living.
Looking Ahead
Activity will depend on spring re-entry.