Here is a 30-second market update for Delaware & Maryland Eastern Shore's luxury real estate markets…
In the luxury space, opportunity knocks! We’re still experiencing a massive shortage of inventory across the market. Skilled negotiators can take advantage of a slight decrease in sale price compared to the initial listing price.
- Delaware Beaches [Sussex County, DE]
- Beach homes on private lots are highly sought after so they can fetch a pretty penny. However, the condominium market tends to be more affordable so it is business as usual.
- Ocean City (Worcester), Annapolis (Anne Arundel), and Silver Spring (Montgomery)
- More of the same here - the biggest difference is that properties are taking much longer to sell here.
| Detached Homes | Attached Homes | |
|---|---|---|
|
Delaware Beaches [Sussex County, DE] |
SELLER'S MARKET | BALANCED MARKET |
|
Ocean City [Worcester County, MD]
|
SELLER'S MARKET | BALANCED MARKET |
|
Annapolis [Anne Arundel County, MD]
|
SELLER'S MARKET | SELLER'S MARKET |
|
Silver Spring [Montgomery County, MD]
|
SELLER'S MARKET | SELLER'S MARKET |
IT STARTS WITH A SINGLE CONVERSATION...
If you have any questions or simply want to chat about your real estate aspirations - I'm here to lend a helping hand. Feel free to reach out and let's embark on this thrilling journey together!
