November was another strong month for Deep Creek Lake real estate. Lake Oriented Resident Sales were up 23% compared to last year, rising from 157 to 193. Overall home sales in November drastically increased by 200%, rising from 22 to 44. The average sold price for Lake Oriented Residential homes rose to $474,145, and remained 4% higher than [...]

Last year was once again encouraging for the Deep Creek Lake and Garrett County real estate markets. Last year ended on a very positive note as total county home sales in the 4^th quarter were up over 40% compared to the previous year. For the entire year, total dollar volume and closed transactions once again improved now making it 5 [...]

For the first time in several years the total number of real estate sales in the Deep Creek Lake and Garrett County market increased from the previous year. The current year is also getting off to a better start than the last few as the total number of residential sales thus far in 2011 is slightly higher.

Overall, there were 381 total real [...]

In 2008 Railey Realty was once again the leader in market share for the Deep Creek Lake and Garrett County Maryland areas.  In fact, we sold more real estate in 2008 than all other area brokerages combined! Below is a chart showing the number of transaction sides and total dollar volume for 2008. These statistics include all residential, lot [...]

The Deep Creek Lake area real estate market continued to show steady performance in 2008. As you can see from the chart below the total of number of sales continued to decline but the average sold price continued to go up.  All data was obtained from our local mls and these are residential properties only - consisting of lakefront, lake [...]