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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Closed Sales, New Listings, and New Pending Sales all saw increases for the month of March. This follows the trends we’ve seen the last several months. Despite overall low inventory, new listing activity remains higher than average, which is important to note. There were 82 New Listings in March 2021, a 21% increase over the [...]
The Garrett County and Deep Creek Lake real estate markets continue to see high demand, despite the typically slower winter season. February 2021 followed suite with recent market trends. Closed Sale were up 37%, with 37 homes sold in February 2021 compared to the 5-year-average for the month of 27. New Pending Sales were up [...]
Catch up on the latest real estate market statistics for Deep Creek Lake & Garrett County! See how January 2021 fared, current trends in our market, and our advice for Buyers and Sellers.
December 2020
What a finish to the year! The last month of 2020 reflected the same trends we’ve seen throughout the third and fourth quarters of the year. New Listings were up slightly, with 30 for December 2020 compared to the 5-year-average for the month of 28. Closed Sales were up 27%, with 65 this past month compared to the average of [...]
It's no secret that this year has been tough for everybody. And while every year the Railey family gives back, this year it felt more important than ever. Between cancelled events and fundraisers, limited family and social gatherings, and the 'new normal' of our lifestyles - there's need for extra holiday cheer this [...]
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