Jay Fergusonjay@deepcreekvacations.com301-501-0420
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End of Summer Residential Real Estate Market Update – Sales Statistics

Good news to report! 2016 has been a banner year thus far as we end the summer season and officially transition into fall. The Garrett County real estate market was on fire to start the year – the best start in nearly 5 years. After compiling the sales statistics through 9/15/16, it looks like we maintained that momentum and it should carry us to an even better 4th quarter of 2016 and close out possibly the best year we have had since circa 2008.

Our average sales price is up 6% over the same period last year (1-1-16–>9-15-16). Plus, we are up overall in sales 17% over last year! There have been 48 additional homes that have sold thus far – thats almost 2 full months of sales in a normal year! The only slight negative is that the days on market rose slightly, by about one month extra of market time. Homes are selling for closer to asking price, as well.

I’ll let the statistics speak for themselves:

mris-graphic

Download 2015 Detailed Stats here.

Download 2016 Detailed Stats here.

Other key metrics that show a vastly improving real estate climate:

If you are interested in buying or selling real estate in Garrett County, give me a call to discuss your real estate situation!

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Log chalet for sale 229 ROCK LODGE RD – GA8043935 – $349,000

229 ROCK LODGE RD
MC HENRY, MD 21541

deepcreekrealestateGA8043935

Rock Lodge Road, 3-Level Log Home with beamed cathedral ceilings. 5 BR 3 baths with plenty of room for entertaiing and enjoment!, Wood floors throughout & 2-stone faced gas fireplaces. Large Front Deck, partially covered with hotub, and grilling area. Enjoy summertime nights at the firepit in the back yard. Dock slip rental available through owner. 2013 rental fee paid. Established Vacation Rental

 

Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
Listing # GA8043935

   

Mega Vacation Rental – $190k+ yearly income – 1118 Mountainview Dr – GA7962786

http://deepcreeklake.com/RealEstate/JayFerguson/detail.aspx?id=GA7962786

ga7962786

 

 

 

 

Truly one of a kind, this 9 Bedroom 8 baths(2 -1/2) home Literally “ON TOP OF THE MOUNTAIN” ! This home boasts some of Deep Creek Lakes “Best” lake views! with over 8,133 sq ft of living space. Indoor Pool & Outdoor Pool + 2 hottubs. The perfect getway to comfortably accommodate 26 guests! Rated Railey Mtn. Lake Vacations #1 Rental income producing property w/ over $190,000 in annual rents

http://csmedia.mris.com/platinum/getmedia?ID=97787915874&LOOT=50000881745

New! 115 SECOND ST-Oakland-$249k-GA8031316

ga8031316http://deepcreeklake.com/RealEstate/JayFerguson/detail.aspx?id=GA8031316

This elegant, 2 Story Cape Cod brick home located on level lot in Historic 2nd Street, Oakland . 3/4 Bedrooms 2 Baths, Formal Dining, 3 – Lliving Areas plus large country kitchen. Immaculatley kept home with Architectural Ceilings, freshly painted interior. Covered Patio and Deck for summertime enjoyment.

New Home Listings – 1-13-10 – Buyer Client Update

A few new residential listings were added over the last 24 hours. For more information, feel free to check out this .pdf file or contact me directly.

GA7235955 952 HIGH ST E $189,000 Oakland Rancher 3BR 1BA

GA7235773 257 MARSH HILL RD #3 $289,900 Mc Henry DEEP CREEK VILLAGE 2BR 3BA

GA7235557 228 STILWATER DR $1,690,000 Swanton STILWATER 6BR 5BA

(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

New Residential Listings – Update for Buyer Clients

There are 5 new residential listings in the Deep Creek Lake/Garrett County area that are now available for sale (click for .pdf):

GA7234937 673 NORTHLAKE VILLAGE $395,000 Mc Henry NORTHLAKE VILLAGE

GA7234193 498 GLEANINGS DR $449,000 Mc Henry THE GLEANINGS

GA7234198 475 PINNACLE DR $449,000 Swanton THE PINNACLE

GA7234716 15 MEADOW MOUTAIN RUN RD $699,900 Swanton MEADOW MOUNTAIN RUN

GA7234339 774 GLENDALE RD $799,000 Deer Park SAND STONES ON THE LAKE

(source: MLS Jan 9, 2010 – Jan 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

Ice fishing on Deep Creek Lake – 1-11-10


I noticed these folks fishing outside my office window today in McHenry Cove. From what I understand, the lake is definitely safe for ice-fishing now after almost 3 weeks of sub freezing temperatures. You can see the community of Ski Harbor in the background, and the approximate location of where the ice starts and land stops.
I have a 2 bedroom condo available for sale at Ski Harbor, a lakefront townhouse community with an indoor swimming pool, tennis courts and beach volleyball court. You can find some more info about the community here.

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

In between winter storms at Deep Creek Lake

I had some running around to do today at the lake, and took a photos of the frozen views from Sunset Ridge community. You can tell from one of these photos that the slight difference in elevation of the ridges makes a huge difference in terms of ice accumulation. Incidentally, here are some real estate listings that are currently available in the Sunset Ridge community.

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