While Summer may be in full swing, the real estate market has cooled off slightly. Closed Sales were up 31% for July 2021, with 68 reported, compared to the 5-year-average of 52 for the month of July. New Pending Sales were up slightly, with 78 this July compared to the average of 71, a 10% increase. New Listings were down 5%, [...]
There's a new addition to The Fort in McHenry!
The Garrett County Chamber of Commerce recently hosted the Garrett County Commissioners for their annual State of the County address. The three commissioners, Paul Edwards, Jim Hinebaugh, and Larry Tichnell, each spoke about the past year’s challenges, successes, and what the future will bring to Garrett [...]
It was a busy month! In what is typically the tail-end of our ‘listing season,’ June New Listings came in at 81, a 4% drop from the 5-year-average of 84 for the month of June. Active Listings (total inventory) remains very low, dropping 184% from the 5-year-average of 336 to the total inventory of 118 in June 2021. There were 66 [...]
Railey Realty and Railey Vacations teamed up with Dutch’s at Silver Tree to host HART for Animal’s annual Guest Bartending Challenge. In a typical year, local real estate and rental company’s host this event through the spring at different locations to help raise money for HART. All events were cancelled in 2020 due to pandemic restrictions, [...]
May was a busy month, following our current market trends for the most part. After a drop below average for New Listings in April – the first time this was below average in several months despite low inventory – May 2021 closed a gap a bit, with 91 new listings compared to the average of 95. Active Listings remain well below [...]
April 2021
Year to Date
Buyers
Sellers
As part of First Energy Corp’s EV Driven program, new electric vehicle (EV) chargers were installed at the Garrett County Chamber of Commerce Visitors Center. Two fast chargers, capable of charging an electric vehicle to 80% in an hour or less, and one Level 2 charger, which can deliver 8-24 miles per hour of charge, for up to four hours [...]
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In a busy seller’s market, it’s tempting to want to sell your home on your own. Buyers are desperately searching for homes and it’s easier than ever to share your home with potential buyers through Zillow and Facebook. So, what are the drawbacks to selling your home on your [...]
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