Deep Creek Lake Real Estate Blog - Jay Ferguson

Deep Creek Lake Real Estate Blog - Jay Ferguson
EVERYTHING under the sun about Deep Creek Lake, Maryland! Deep Creek Lake Real Estate Information, Local News & Happenings in Garrett County Maryland, Current Events, Local Business Profiles, Upcoming Attractions, Vacation Rentals, Resort Realty, Community Profiles, Homes for Sale, Restaurants & Dining, Entertainment Schedules, Festivals & Gatherings, Churches & Charities, Wisp Ski & Golf Resort, Swallow Falls State Park, Youghiogheny & Casselman River, Garrett County Fair & more!

Wednesday, December 2, 2009

November 2009 Market Update - Deep Creek Lake Garrett County Maryland

November 2009 Market Update - Deep Creek Lake Garrett County Maryland


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There were 22 residential sales in the month of November in Garrett County. 12 of those sales would be considered ‘Deep Creek Lake area’ or ‘Vacation Homes’, and the rest would be considered as primary residential. The average list vs. ORIGINAL sales price is 83%, though the ADJUSTED list vs. sales price is 90% of asking price. In other words, as people test the waters and make price adjustments, the more reliable number is the adjusted asking price, as they have responded to the feedback of the market with price reductions, etc.



Here are the statistical breakdowns:


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If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Long & Foster Real Estate for all of your real estate needs! 877-563-5350

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