Jay Fergusonjay@deepcreekvacations.com301-501-0420
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For Sale in Oakland, near State Parks – 59 River Hill Rd – GA7531161

59 RIVER HILL RD
OAKLAND, MD 21550

Spacious 4BR/4BA brick tudor on 4+ acres near town & state parks. Quality craftsmanship and attention-to-detail make this a home you won’t want to miss. 2 master suites, 2 living rooms, sun room, huge eat-in kitchen w/ island, h/w & marble floors, 2 car garage, partially finished basement w/ native stone fireplace, sep. laundry room & much more! Over $30k in recent upgrades; new roof 2010.

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

Listing # GA7531161
$359,900

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!

>Price reduced! 59 River Hill Rd – GA7531161

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59 RIVER HILL RD
OAKLAND, MD 21550

Spacious 4BR/4BA brick tudor on 4+ acres near town & state parks. Quality craftsmanship and attention-to-detail make this a home you won’t want to miss. 2 master suites, 2 living rooms, sun room, huge eat-in kitchen w/ island, h/w & marble floors, 2 car garage, partially finished basement w/ native stone fireplace, sep. laundry room & much more! Over $30k in recent upgrades; new roof 2010.

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

Listing # GA7531161
$399,900

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!

Real estate for sale – 159 Glotfelty Dr – GA6642444


A custom built 4 bedroom home with LOTS of built-ins and upgrades! Newer roof, windows, a 3 car garage, pavilion…

Click here for more info

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 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 of last month has started to take shape. There are 44 contracts compared to last months 33.

7 of the 16 sales were considered Deep Creek Lake area properties, the rest appear to be primary residential.

The average list vs. ORIGINAL sales price was 69.5%, down 10% from last month. The biggest part of this number is the high listing numbers that sellers start with. I blogged about this last month, and it’s a national trend that is very real – EVERYTHING has adjusted in price. It’s a tough pill to swallow, but homes are not worth what they were 2-3 years ago. That’s a HUGE reason why some properties won’t sell – they are overpriced.

The ADJUSTED list vs sale price is 90% – up from last month. Once the market reacts and adjusts to prices & competition, the Realtors who assist in pricing property can adjust the asking price of properties for sellers who are willing & able to react. This number is a very telling stat – it shows that we are starting to narrow in on the price points for the local real estate market.

The current number of active/for sale residential listings is 605 as of today. This is up from last month (575) and will continue to grow as the spring and summer continue. Slowly but surely, our absorption rates are normalizing.

Here are the statistical breakdowns:

Average Sale Price: $404,031 (last month)$309,200

Average Days on Market: 220/275 (last month 164/296) (days on market with current broker/total days on market)


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

Residential Market Stats that Matter – Railey Realty Still #1

In a sales meeting this morning, our manager Nancy Trotta went over the latest residential market statistics for the Garrett County area. The numbers are amazing, and I wanted to share some of the highlights:

There are currently 33 properties currently under contract between $55,900-$1,989,000. Of those contracts, Railey Realty has 18 of those homes under contract – 55% of the market!

Our next 3 closest competitors have 8 contracts COMBINED. Their individual market share ranges from 6%-9%, respectively. I believe that this demonstrates why I chose to make the move to Railey Realty last month – more market share and the ability to still sell homes even in the current market conditions. Our results speak for themselves!

And it’s not just contracts – our listing inventory is nearly double that of the next closest competing broker. We have 239 homes currently listed and more on the way. For the best selection of real estate listings, again, we are #1 in Garrett County & Deep Creek Lake!

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 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