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Market Monday - Vol. 2

January 14, 2019

Winter Official ❄️

 

Our snow dancing worked! Garrett County has received consistent snow fall over the past several days! The Wisp is in full effect, even opening sections of the mountain for the first time this season. My favorite trail, Ace's Run, located in the North Camp section is now ready for fresh tracks! Have you been out on the mountain this season? Email your photos to terah@deepcreekvacations.com, I would love to include your pictures in an upcoming blog segment!

 

Here are some of my favorites from last week ⬇️

 

There has been a lot of exciting real estate activity since last week's market report:

 

Jan 7-14/2019*

  • 346 Residential Properties on the Market ( ⬇️down 3 from last week)

  • 9 New Homes Listed ( ⬇️down 5 from last week)

  • 7 Homes Sold ( ⬆️Up 6 from last week!)

  • 3 Homes were Withdrawn, Cancelled, or Expired from the market ( ⬇️down 26 from last week!)

  • 14 More Homes are now pending settlement ( ⬆️Up 10 from last week!)

  • 21550 -Oakland- was the most popular postal code for new listings (5 of the 9 listings are located in Oakland)

  • 3 of the New Listings are water oriented at Deep Creek Lake

  • $286,500 was the average sales price of the homes that sold last week

  • Homes that sold last week got an average of 95% of their list price

  • Homes that sold last week had an average days on market of 148

What a week!

It's great to see so much activity so early in the year. I'm very excited to share a new listing with all of you a little later today! Here is a sneak peek on this lake access home in McHenry: 

 

Here is more information on the Oakland real estate market! Sign up to receive a complimentary, personalized report as often as you'd like! I'll include stats from your Garrett County town, or information on places you've had your eye on. 

 

 


*Information gathered from BrightMLS®️ It is believed to be accurate but is not guaranteed 

 

 

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