July 2025
Despite a busy spring and start to summer, the market stalled a bit in July. New Listings were down 13% for the month compared to last July, but Total Active Inventory remains 32% higher than 2024 with nearly 300 homes listed for sale. New Pending Sales dipped in July 25 by 24%. Total Homes Sold did see an increase from last year, [...]
Our last full month of summer is here and we plan on enjoying every single second of it! August is generally the hottest and driest month of the year. Deep Creek Lake’s water temperature is the warmest it will be all year, too. August is definitely the month to take those sunrise trips out onto the water! This month is packed with tons of [...]
June 2025
Looking at June 2025 compared to June 2024, we see the same continued trends we’ve seen so far this year. Most notably, Active Inventory continues to increase, and is now 30% higher than 2024. New Listings also saw a jump in June, marking a 15% increase over June 2025. Total sales dropped slightly, down 17% from 2024, but average [...]
May was a busy month! There were 76 New Listings in May 2025, matching new listings in May 2024. Total Active Inventory continues to slowly increasing, with 264 homes for sale last month, a 27% increase over 2024. Closed Sales were up slightly, and New Pending Sales were down just two units. Days on the Market for the month came in [...]
The Garrett County Board of Commissioners proposed a reduction for the Real Property Tax to go into affect for the upcoming fiscal year. The new rate would be $1.02 per $100 of assessed value, a drop from the current of [...]
As part of the Deep Creek 100 year of events and celebrations, Brookfield Renewable allowed for guided tours of the Deep Creek Dam and power station. These tours allowed for small groups to tour each section of the facility and get in-depth information from long-time employees and members of Brookfield Renewable staff. As you probably know [...]
Overall, April remained fairly consistent with market trends we've seen so far in 2025. New Listings were up slightly, and Total Active Inventory is 34% higher than April 2024. Total Homes Sold were also up slightly, with 35 sold in April 25. Days on Market has slowly been increasing, and homes in April sold on average in 84 [...]
The market was relatively flat in March, aside from Total Active Inventory, which was 45% higher than last year. Total home sales were down just slightly, with 37 sold this past March, and New Pending sales also dropped slightly, with 40 reported last month. New Listings were flat, with 62 homes listed in March 2025. Average [...]
Comparing this year to last year, we’re seeing several shifts across the board. Active Listings continue to increase, with a 42% increase compared to February last year. New Listings in February 25 were also up quite a bit compared to last February, with 53 homes listed. Total Active inventory still remains below what is [...]
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