Home Local News Shopping or dreaming? 9 most expensive homes for sale on Md. Shore

Shopping or dreaming? 9 most expensive homes for sale on Md. Shore

by DrewLUD
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COVID-19 managed to make a quiet beachside home look even more appealing than before.

Especially if it has multiple floors and an ocean view.  

The coronavirus pandemic came with an increased trend of families and individuals moving away from large urban centers, when able, while real estate in typical summer getaways like the Eastern Shore or southern Delaware kept buzzing

The market’s stock, however, continues to lag behind its growing demand. 

Coastal Association of Realtors says a healthy market has eight to 12 months of inventory available — active homes for sale, divided by the average number of homes sold in either the last 12 months or last month. 

About 1.6 months of inventory were available on the Lower Shore, in February’s statistics, and it continues to drop.

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Source: GANNETT Syndication Service