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Compass Real Estate

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Housecats Company
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Housecats Co.

2077 Somerville Rd

Suite 200

Annapolis, MD 21401

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Q2 2023 MARKET UPDATE

Southern Maryland

Calvert County | Charles County | Saint Mary's County

le quarter dans analyse

SECOND QUARTER

Southern Maryland experienced a pickup in activity during Q2 2023, supported by seasonal demand and buyer interest in space and accessibility. Market engagement increased as spring progressed, though buyers continued to approach opportunities with practical considerations in mind. The quarter reflected balanced, functional participation.

Southern Maryland | Q2 2023 Market Update
Southern Maryland | Q2 2023 Market Update

Southern Maryland

Aperçu

This snapshot captures spring-quarter activity across Southern Maryland.

$625,774,896

TOTAL SALES VOLUME

1396

TOTAL TRANSACTIONS

1.2

eoy months de inventaire

9

median jours sur le marché

$421,500

median prix de vente

98.3%

list to sales price ratio

Southern Maryland | Q2 2023 Market Update
Southern Maryland | Q2 2023 Market Update

luxury markets

Luxury engagement remained steady.

$1,229,447

AVERAGE PRICE IN

Q2

14

SALES IN

Q2

32

AVERAGE DOM IN

Q2

Luxury homes are defined as properties priced above $1M. 

Figures reflect QTD closed sales from the most recent quarterly reporting period.

Southern Maryland | Q2 2023 Market Update
Southern Maryland | Q2 2023 Market Update

waterfront markets

Waterfront interest followed seasonal cadence.

$719,845

AVERAGE PRICE IN

Q2

58

SALES IN

Q2

26

AVERAGE DOM IN

Q2

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

Buyer Behavior

Buyers focused on long-term usability.

Southern Maryland | Q2 2023 Market Update
Chesapeake Beach

Chesapeake Beach

Chesapeake Beach offers a coastal town atmosphere centered on bay access, walkability, and recreational amenities, appealing to buyers seeking a relaxed waterfront setting within commuting distance.

→ View Market Report
Leonardtown

Leonardtown

Leonardtown blends historic charm with modern growth, offering walkable amenities, cultural activity, and a strong sense of local identity.

→ View Market Report
North Beach

North Beach

North Beach is a small, bayfront community known for its boardwalk, local events, and close-knit feel, attracting buyers who value water access and a slower, community-oriented pace.

→ View Market Report

Town Spotlights

Within the region, certain communities stood out during the quarter based on activity and buyer interest

Looking Ahead

Activity would remain functional.

Southern Maryland | Q2 2023 Market Update
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Want a more tailored look at how this quarter impacts your specific town or property type?

Local Intelligence. Modern Reach.

The Housecats Company is an Annapolis-based Compass real estate team specializing in luxury, waterfront, and lifestyle properties across Maryland and Washington, D.C. Our group brings together local expertise, market interpretation, media strategy, and client guidance across Maryland’s most distinctive communities. Sign-up to receive our newsletters and join the pride. 

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2077 Somerville Rd

suite 200

Annapolis, MD 21401

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