The Eastern Shore of the Maryland real estate market, including Worcester, Wicomico, Dorchester, Queen Anne’s, Talbot and Caroline counties, experienced some positive trends in July compared to the same month in 2013, according to The Long & Foster Market Minute reports. In July, median sale prices increased in many areas of the Eastern Shore, and several counties saw an uptick in units sold.

The Long & Foster Market Minute reports are compiled from data from residential real estate transactions within specific geographic regions, not just Long & Foster sales.

According to July data, the median sale price of homes increased in many parts of Maryland’s Eastern Shore region. Caroline and Dorchester counties experienced increases of 17 percent and 15 percent, respectively. Queen Anne’s County saw a jump of 13 percent, while Wicomico County improved by 7 percent. Median sale prices decreased by 5 percent in Talbot County and by 12 percent in Worcester County.

The number of homes sold in July increased in a number of counties along the Eastern Shore region. Caroline County experienced a large 59 percent spike in the number of units sold, while Dorchester County experienced a 50 percent jump. Queen Anne’s County saw a 40 percent increase, and Wicomico County experienced a 15 percent improvement. Talbot County saw a 17 percent decrease in the number of units sold, and Worcester County saw a 19 percent decline.

Inventory in the Eastern Shore region increased in most areas, according to July data. Talbot County saw a decrease of 8 percent and Wicomico County saw a 4 percent decrease. Other areas experienced increases from 1 percent to 9 percent.

In most areas of the region homes are selling in three to six months on average, according to the July data. Caroline County experienced an average days on market (DOM) of 78 days, followed by Dorchester County at 110 days. The rest of the region saw homes selling between 111 to 171 days on average.

“Throughout this summer the real estate market has stabilized and in many regions inventory is up, meaning more homes for buyers to choose from,” said Jeffrey S. Detwiler, president and chief operating officer for The Long & Foster Companies. “Meanwhile, sellers are continuing to benefit from quick transactions, with our data showing great days on market averages in much of the Mid-Atlantic. Overall, the market is well positioned for future growth.”

The Long & Foster Market Minute is an overview of market statistics based on residential real estate transactions and presented at the county level. The easy-to-read and easy-to-share reports include information about each area’s units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market. Featuring reports for more than 500 local areas and neighborhoods in addition to more than 100 counties in eight states, The Long & Foster Market Minute is offered to buyers and sellers as they aim to make well-informed real estate decisions.

The Long & Foster Market Minute reports are available at www.LongandFoster.com, and users can subscribe to free updates for the reports in which they’re interested.