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 prices remain steady, with only a 3% drop from last year. Days on Market continues to slowly trend upward, coming in at 91 days in June 2024 compared to 50 days in June 2024. A sure sign of a busy summer season – both New Pending Sales and Total Pending Sales have increased over stats from June 2024.
Year to Date – January – June 2025
We’re halfway through 2025! The market has remained stable, with no large shifts from trends at the beginning of the year. There have been 11% less homes sold so far in 2025, and average prices have seen a 10% drop. Total Dollar Volume is down in a larger gap, but that can most likely be attributed to less $1M+ sales so far in 2025. Average Days on Market for homes so far this year is 86 days. While the distribution of DOM is more evenly spread, 40% of homes are still selling in 30 days or less, and the largest sector is still 0-10 days. Roughly 40% of buyers purchased their home with cash.
Buyers
New Listings and Active Inventory continue to increase – that means there’s more options than ever! The bright side of more options is that you have a wide array of options with varying amenities, locations, and updates. The down side? Too many options can create mental overload and doubt! It can be hard to rule out properties based on their online presentation and location. The best way around this? Working with a local and experienced agent. If you’re looking to use the home as a vacation rental, a local agent would be able to better advise which locations, house layouts, and amenities matter to renters. Looking for privacy? Don’t discount an HOA! There are several communities that offer privacy while still offering great amenities. The only way to weed through all these options is with someone who is truly knowledgeable and experienced in our area.
Sellers
The busy summer season is here! The increase in New Pending Sales shows that buyer activity is still high. With inventory increasing, your property will need an advantage to stand out. The biggest differentiating factor is strategic pricing. It’s not enough to look at the market data – you have to truly know the ins and outs of the area to know where your property fits in among current inventory. Working with a dedicated local agent will make all the difference! In addition to a strategic pricing plan, the agents at Railey Realty use a mix of proven marketing methods that showcase your home in digital and traditional print mediums that maximize exposure.
Why Railey Realty?
Wondering what makes us different? Nearly all realty companies offer the same things. National exposure? Yep – all of us offer national exposure – no matter which brokerage you choose, your home will get national exposure through MLS syndication. Negotiable commissions? Well, that’s Maryland law, so naturally that’s something offered anywhere in the state. Many marketing tactics used by other companies are simply that – tactics. Just like the sky is blue for them, it’s blue for us, too.
So what actually sets Railey Realty apart? Unlike smaller offices, like those in national franchises, our team of agents work together in our office. Our office is comprised of 50+ agents – most of which are the top producing agents in the entire county – some in the top 1% of the state. Railey Realty represented 64% of Deep Creek Lake Area properties so far in 2025. That’s why our motto is ‘proven results’ – our agents’ results speak for themselves! Our agents are the largest group of full-time agents at Deep Creek – making real estate, and YOU, their number one priority at all times. The internal network at Railey Realty is second to none! Whether you’re buying or selling, your agent has an audience with top producing agents at all times. That means when your agent announces your home at the sales meeting, there’s a 60% (or greater!) chance that the person who will bring the buyer is sitting in that room.
Another thing that truly sets Railey Realty apart is our legacy and brand. The average years of experience of our agents? 20+ years. And that’s experience right here at Deep Creek Lake and Garrett County. You can trust their knowledge not only when handling the ins and outs of real estate, but also when it comes to the area, amenities, and communities. Not only that, but they’ve got real world experience with local service providers, so they’ve got your back with recommendations for lawn care, HVAC, and everything in between. Railey Realty celebrating 50 years in business in 2024 – that’s 50 years serving this community and area. Deep Creek Lake and Garrett County are what we know best… and that’s why clients and customers continue to trust us with their real estate needs.
Ready to get started? Or simply ready to learn more about how Railey Realty can help you? Give us a call, stop in our office 7 days a week, or fill out this online contact form to get connected with an experienced and local agent today.
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