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 [...]
The market saw somewhat of a stall in January 2025, with dips in many metrics across the board. New Listings were down 40% from January 2024, but Total Active Inventory was actually 25% higher than this time last year. Total Homes Sold in January 2025 were down 34% compared to January 2024. New Pending Sales were relatively [...]
We were happy to receive an invitation to a recent small-scale tour and question and answer forum with Wisp Resort General Manager Ron Hawkes and Marketing Director Lori Zagola. The tours were limited to 10 persons and were offered over the MLK Holiday Weekend. We've summarized the information and thoughts from our tour [...]
December 2024
The last month of 2024 ended fairly strong, maintaining most of the trends we saw throughout the year. Closed Sales were up 18%, with 45 homes selling in December 24 compared to 38 in December 23. New Pending Sales were down slightly, with 30 last month compared to 35 last year. New Listings increased, with 3 more homes listed [...]
Railey Realty is thrilled to announce the addition of long-time local agent Andrew Orr to our sales teams in Maryland, West Virginia, and Pennsylvania! As a Garrett County native with a background in loan financing and 15 years of real estate under his belt, Andrew brings the knowledge and skillset needed to make his clients feel confident [...]
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