The Quarter in Review
First Quarter
The Eastern Shore entered the new year with both caution and clarity. As sales and volume retreated (closed units down ~33%, volume down ~39%), inventory surged—nearly doubling—yet pricing held steady near $498K. Luxury and waterfront segments painted a nuanced picture—more listings, slower pace, but still resilience. Q1 wasn’t about acceleration; it was about recalibration—homeowners and buyers alike pausing, but with purpose.
Eastern Shore Snapshot
This snapshot captures early-year market conditions on the Eastern Shore.
$205,178,786 Total Sales Volume | 318 Total Transactions | 5.5 Months of Inventory |
|---|---|---|
30 Median Days on Market | $498,410 Median Sales Price | 94.8% List to Sales Price Ratio |
Luxury Markets
Luxury engagement remained patient.
34 Sales in Q1 | $1,966,767 Average Price in Q1 | 86 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 interest followed winter patterns.
51 Sales in Q1 | $1,379,257 Average Price in Q1 | 35 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.
This Quarter's Top Sales
$3,300,00028080 Brick Row Dr, Oxford, MD 21654 | $1,400,0007937 Maiden Point Ct, Easton, MD 21601 | $1,295,000104 Mulberry St, St. Michaels, MD 21663 | $1,226,403221 Allegany Rd, Stevensville, MD 21666 | $1,225,000806 S Morris St, Oxford, MD 21654 | $1,024,539305 N Lake Dr, Stevensville, MD 21666 |
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.