October brought both opportunity and complexity to the Talbot County housing market. Prices surged, inventory grew, and buyer activity stayed strong — especially on well-prepared homes. If you’re planning to make a move, here’s what you need to know.

Market Snapshot

• Closed Sales: 49 (-5.8% YoY)

• Median Sold Price: $565,000 (+13.0% YoY)

• Active Listings: 248 (+44.2% YoY)

• New Listings: 49 (-12.5% YoY)

• New Pending Sales: 53 (+10.4% YoY)

• Median Days on Market: 19 days (-16 days YoY)

• Months of Supply: 5.17 months (+1.26 YoY)

What Buyers Should Know

Buyers now have more options with the highest inventory we’ve seen in over a year. Prices are strong, but competition is less intense than during the frenzy of previous years.

Top Tips for Buyers:

• Be prepared to act quickly on well-priced homes.

• Get pre-approved and budget for current mortgage rates.

• Explore rate buydown options and ARMs for affordability.

What Sellers Should Know

Sellers still benefit from elevated prices, but rising inventory means the days of “list it and leave it” are behind us.

Top Tips for Sellers:

• Price competitively to attract serious buyers.

• Expect longer timeframes unless your home is show-ready.

• Invest in standout marketing to make a strong impression.

Looking Ahead

With economic signals pointing toward rate stabilization in 2026, the market is expected to remain active — particularly for homes that are priced and marketed strategically.

Want to talk through your next move? I’m just a call or DM away.

All the love, 

Julie Stevenson

Shore Living Real Estate | [email protected] | 410.251.5291