Our office (thanks Mike!) compiled some stats on the year to date sales transactions over the past few years and 2012 is off to the best start since 2008 from a sales (# of transactions) standpoint. Prices overall are down, from a dollar volume standpoint, but we are beating the national average of price decline. We aren’t quite back to the peak numbers of 2007, but we are getting better each year and selling some excess inventory.
88 sales year to date through April 2012 for a total dollar volume of $27,035,550 – easily our best year since 2008.
Another interesting trend is the number of new listings is slowly decreasing – 104 fewer homes were on the market through April 2012 than this time last year. We’re gaining ground and selling more homes and that is a sign of a healthy real estate market!
Railey Realty continues to be #1 in listing inventory and selection, and #1 in sales in Garrett County and Deep Creek Lake since 1995!
Buying or selling real estate in Garrett County or Deep Creek Lake, Maryland? Call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues!
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