Chesapeake Beach Real Estate Market Extends Downward Trend in Contracts

Sales inched up to 10 homes sold in the Chesapeake Beach market over the last 30 days. However, a confirmed downturn in the amount of pending transactions continued, with nine completed in the same period. There are four months of inventory remaining in Chesapeake Beach, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $342,500 this week.

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$1.3M   $529K   $479K  

Get started right now by checking out Chesapeake Beach homes for sale or reviewing Chesapeake Beach real estate trends.

Demographic facts about Chesapeake Beach:

  • The population density is 2,121.5 people per square mile.
  • The area's lifestyle rating is 59. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 75.8% by car, 13.5% by carpool, and 3.0% by public transit.

Data reported through 10/12/2016

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