Category Archives: real estate market

July 2011 Real Estate Market Update – Residential

24 homes sold in the month of July 2011 at Deep Creek Lake & Garrett County. Compared to last July, we were only 2 sales short. We are only down one transaction from June 2011 – overall, I think that’s … Continue reading

Posted in market update, real estate market, real estate sales | Leave a comment

>Home prices: ‘Double-dip’ confirmed

>Jay’s note: The Garrett County & Deep Creek Lake market numbers are definitely different overall than the rest of the country, as you can see from my monthly market analysis over the years, but there are still INCREDIBLE prices out … Continue reading

Posted in home prices, real estate market | Leave a comment

>January 2011 Real Estate Stats – Market Update

January 2011 was a great month for real estate sales . In fact, it beat the 5 yr January average. Last year, we had 12 sales in the entire month of January. This year, we had 18 total sales – … Continue reading

Posted in january sales update, market update, real estate market | Leave a comment

June 2010 Real Estate Market Update

June was a good month for real estate sales in Garrett County & Deep Creek Lake. The highest ever sale at Deep Creek Lake ($3.5 million) close on June 11. Railey Realty had the listing part of the transaction. I … Continue reading

Posted in market update, real estate market | Leave a comment

Cash is still king in real estate market

Cash buyers account for more than 25% of U.S. real estate dealsBy Andrea V. Brambila, Thursday, July 8, 2010. Inman News This may be a buyer’s market, but not all buyers are on equal footing in the homebuying process. Cash … Continue reading

Posted in real estate investment, real estate market | Leave a comment

May Real Estate Update – Deep Creek Lake & Garrett County Maryland

May’s homes sales kept the momentum going of the last few months. Again, 17 home sales in the month of May, the same as the March and April. Finally, some consistency! The pieces of the puzzle are continuing to fall … Continue reading

Posted in market update, may, real estate market | Leave a comment

April Real Estate Update – Deep Creek Lake & Garrett County Maryland

April was a better month for real estate sales at Deep Creek Lake & Garrett County, Maryland. Out of the 17 total sales in April 2010 (up one from last month and ironically, one from last year during the same … Continue reading

Posted in deep creek lake, garrett county, home statistics, homes sales, real estate market | 1 Comment

March 2010 – Lot & Land Market Update

The lot & land market remains flat. There were only 3 sales in all of Garrett County last month. The year to date total is 13 lot sales. There was a one acre building lot (raw) in McHenry that sold … Continue reading

Posted in building lots, garrett county, land for sale, market update, real estate market | Leave a comment

March Real Estate Update – Deep Creek Lake & Garrett County. MD

The warm weather of March helped to improve the residential real estate market at Garrett County and Deep Creek Lake! There were a total of 16 sales (versus 14 for the same period last year). The stronger spring I spoke … Continue reading

Posted in buying real estate, deep creek lake, garrett county, homes for sale, market update, maryland, real estate market | Leave a comment

February 2010 Homes Sales in Garrett County & Deep Creek Lake

The nasty weather definitely had an adverse affect on the local real estate market in February with only 6 residential settlements. It’s next to impossible to show and sell houses with 5-10 foot drifts at residential homes, let alone vacation … Continue reading

Posted in deep creek lake, garrett county, homes sales, march, market update, real estate market | Leave a comment