PRICE REDUCTION!

Backs to Garrett State Forest! 15.43 acres with a ~30×60 pole building in coveted Youghiogheny Mountain Resort. Community has over 2,400 acres and over 50 miles of ATV, snowmobile and hiking trails. Private access, mostly wooded but not too remote – 4G cell service at property. Electric close by. Plenty of storage for all of your outdoor vehicles, campers, etc. The perfect getaway!

Birchwood Drive Price Reduction Social Media

 

NEW LISTING!

Great price! 2 side by side building lots in Mountain Lake Park. Public sewer and water available. Backs up to stream. Also available to purchase individually for $17,900 each, call for details. Partially cleared lots.

C Street Social Media

August 2011 Lot & Land Market Update

11 lot/land sales in Garrett County in August 2011.

There are currently 607 lot/land listings in Garrett County. There have 62 sales so far this year, as of today.

Here’s a quick look at the August sales:

More Moss Creek subdivision have now sold. 3 sales in August ranging from $20,000-$24,000 each. A few building lots sold in North Glade Meadows & the 11 ac ‘Shingle Rocks’ development off Stockslager Rd sold. Check the .pdf for the prices on the lot sales below:

SOLD GA7475877 Sand Flat Rd
SOLD GA7475885 Hunters Ridge Dr
SOLD GA7475894 Hunters Ridge Dr
SOLD GA7437309 Lot 8 North Glade Meadows
SOLD GA7437321 Lot 16 North Glade Meadows
SOLD GA7579554 Birchwood Dr
SOLD GA7679728 18 Aspen Court
SOLD GA6747177 Negro Mountain
SOLD GA6747178 Negro Mountain
SOLD GA7144802 123 Stockslager Rd
SOLD GA7617054 4 Grand Estates Dr

If you or someone you know is considering buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues! As member of the Garrett County Board of Realtors, I can assist you with ANY listed property, regardless of the listing broker.

877-563-5350 Questions about ANY listed property? I can help! Call me!
Visit the ‘I Love Deep Creek & Garrett County group’ on Facebook! News, events, photos, real estate, community, info, more! 1,750+ members & growing!

>June 2011 Market Update – Lot & Land Sales

>

13 lot/land sales in Garrett County in June 2011.

There are currently 610 lot/land listings in Garrett County. There have been 44 sales so far as of today, so we are a little over 7 sales on average per month.

Here’s a quick look at the June sales:

As of our sales meeting this morning, all of the developer lots that we had listed in Moss Creek subdivision have now gone under contract or sold. The stream ‘Deep Creek’ has its start in the middle of this community – and lots were selling for $5k an acre, some better.

23 Cedar Ln – building lot in Yough Mountain Resort sold for $10,000

2.5 acre building lot in Serenity Estates in Grantsville sold for $39,000

3 lots at Roman Nose Spa with a tear-down house sold for $40,500 (estate sale)

1 acre building lot in Maple Del (Mayhew Inn Rd near Deep Creek Lake) sold for $25,000

Someone got a great deal on lake access lot with dock off Glendale Rd @ Sand Stones on the Lake $125,000

26.52 acres (steel building improvement) on Brobst Rd in Accident sold for $159,000

If you or someone you know is considering buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues! As member of the Garrett County Board of Realtors, I can assist you with ANY listed property, regardless of the listing broker.

877-563-5350 Questions about ANY listed property? I can help! Call me!
Visit the ‘I Love Deep Creek & Garrett County group’ on Facebook! News, events, photos, real estate, community, info, more! 1,750+ members & growing!

>March Land Sales 2011 – Market Update

>There were 6 lot/land sales in Garrett County in the month of March.

The sales prices range from $2,900 – $47,500.

Many lenders are shying away fron lot loans, or at least requiring much larger amounts down before offering mortgages. That, coupled with the surplus of homes available for sale in EVERY market across the country, has driven the lot/land market much lower. Acreage prices in Garrett County & Deep Creek Lake are quite low, now, as a result.

Railey Realty has 131 active lot/land properties for sale right now that are priced under $100,000 – there are some good buys for lots in here if you look closely…

If you or someone you know is considering buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues! As member of the Garrett County Board of Realtors, I can assist you with ANY listed property, regardless of the listing broker.

877-563-5350 Questions about ANY listed property? I can help! Call me!
Visit the ‘I Love Deep Creek & Garrett County group’ on Facebook! News, events, photos, real estate, community, info, more! 1,750+ members & growing!

April 2010 – Lot & Land Market Update

The lot & land market remains flat. There were only 4 sales in all of Garrett County last month. The bright side of that is that sales were up 33% from last month (3 sales total), but the year to date total is 17 lot sales – incredibly low.

325 acres sold for $450,000 (67% of asking price)- that’s bad news for large tracts of land, as the price per acre is approx. $1,385.00.

There was a 2 acre building lot on Glendale Rd that sold for $55,000 – 91% of asking price.

Also, a Deep Creek Lake building lot with a decent lake view sold for $105,000 (62% of asking price).

Railey Realty had 3 of the lots listed, and also sold the same 3 lots – 75% of the lot/land business in April.

I warned you last month that there will be some shocking numbers coming – and I know that trend will continue through the summer.

There are 8 lot/listings currently under contract out of 637 available listings. Both of those numbers have increased since March 2010.

Financing on land remains a HUGE factor with this, as most banks are requiring 30-50% down payment to buy land. If you have the means, there are some incredible deals out there, as you can see. You never know until you make an offer!

Search for available real estate here.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

HAPPY EARTH DAY! Deep Creek Lake & Garrett County Dirt for sale!

Celebrate Earth Day 2010! Buy some genuine Deep Creek Lake & Garrett County dirt ­čÖé There are some great lots and land available for sale, ranging from view lots, farms, acreage, hunting land, building lots, lakefront property, lake access parcels, riverfront land and large recreational tracts. ANY KIND OF DIRT YOU WANT, I can help you find it!

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

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 for $11,000. Also, there was a 7+ acre building lot that sound near Backbone Ridge for $16,000. These comps are amongst the lowest we have seen. and much like the housing market, there will be some shocking numbers that pop up from time to time.

There are 6 lot/listings currently under contract out of 617 available listings. More lots are sure to come on the market in the coming days – I know of 5 lots that I will be personally listing, so that number will continue to grow.

Financing on land is a HUGE factor with this, as most banks are requiring 30-50% down payment to buy land. If you have the means, there are some incredible deals out there, as you can see. Search for avalilable real estate here.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

New Lot-Land listings – 1-13-10 – Buyer Client Update

Only one new lot/land listing in the last 24 hours. You can see the .pdf here, contact me for more info, plats, permits or details.

GA7235541 0.86 AC RT 219 $50,000 Oakland 37,462 .860 RES

(source: MRIS January 13, 2010, other brokers listings may be included. This market update posting is intended solely for buyer clients of Jay Ferguson & Long & Foster Real Estate)

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Long & Foster Real Estate for all of your real estate needs! 877-563-5350

Recent Lot/Land Listings – Buyer Client Update

There were 9 new land/lot listings since January 1, 2010. Some larger parcels and several building lots. THere is also one commercial property that includes several different properties, projects and communities (click for .pdf and more photos/info)

GA7234728 1 TURKEY KNOB RD $44,900 Oakland 1.700ac R

GA7235151 YOUNG WOOD LN W $74,900 Grantsville 10.600ac R

GA7234225 TRAP RUN RD $99,000 Friendsville 19.780ac

GA7229995 GARNER DR $124,500 Deer Park 3.073 LR

GA7234494 681 BOY SCOUT RD $149,000 Oakland 50.020 LR

GA7229867 3 GRAND ESTATES DR $349,000 Mc Henry .573 R

GA7233401 65 WESTWARD WAY $369,000 Mc Henry .574 LR

GA7228856 14 PARKSIDE SOUTH CT $499,000 Mc Henry .520 LR

GA7232486 25297 GARRETT HWY $4,900,000 Mc Henry 36.840 C /

(source: MLS January 1, 2010 – January 12, 2010)

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Long & Foster Real Estate for all of your real estate needs! 877-563-5350