Backs to Garrett State Forest! 15.43 acres with a ~30×60 pole building in coveted Youghiogheny Mountain Resort. Community has over 2,400 acres and over 50 miles of ATV, snowmobile and hiking trails. Private access, mostly wooded but not too remote – 4G cell service at property. Electric close by. Plenty of storage for all of your outdoor vehicles, campers, etc. The perfect getaway!
| Property Type: Single Family-Detached | ||
| 3 | 1 Full | |
| 130,680 Sq. Ft. | 1,800 (approx) | 1958 |
| Yes- 1 space | 2 | |
| BROADFORD | SOUTHERN MIDDLE | SOUTHERN GARRETT HIGH |
| Bathrooms | |||
| 1 | |||
| Property Type: Single Family-Detached | ||
| 4 | 2 Full/1 Half | |
| 60,113 Sq. Ft. | 2,352 (approx) | 2001 |
| Yes- 1 space | 2 | |
| CALL SCHOOL BOARD | NORTHERN | NORTHERN GARRETT HIGH |
| Bathrooms | |||
| 2 | 1 | ||
| Fee Simple |
| 1206033849 |
| $3,921 |
| 2013 |
| Property Type: Vacation Rental | ||
| 5 | 4 Full | |
| 17,486 Sq. Ft. | 2,856 (approx) | 2007 |
| 3 | ||
| Bathrooms | |||
| 4 | |||
33 properties sold in June 2012. That’s 8 more sales than last June, which is great! I had mentioned previously in other blog posts that this is the most active real estate market since 2008. Well, we are now on a better pace – best year-to-date since 2007. Lakefront prices are at their most affordable prices since 2004. All in all, it’s been a great year so far.
Let’s take a look at the rest of the stats:
There are 62 homes under contract right now (57 last month).
The average list vs. ORIGINAL sales price was 86.69% – (last month 84.91%).
The ADJUSTED list vs sale price was 92.58 (last month 88.33%).
The current # of active/for sale listings in MRIS (minus timeshares) is 685, up from last months 662. We have a 20.76 month supply of homes available (minus timeshares) based solely on the June sales numbers – that’s as low as i remember it for quite some time!
Random observations:
•6 ‘newer’ homes sold in June (5 years old or less)
•It appears that 20 or so of these sales were vacation homes
•18 homes sold at/under $300,000 (last month was 12)
•21 homes sold under $400,000 (last month 15)
•1 homes sold over $ 1 million (0 last month – 1931 Lake Shore Dr sold for $1.849)
•4 home(s) sold for higher than full price or at full price (last month was 2)
•One house sold for 57.58% of asking price – 8956 Oakland Sang Run Rd
•The oldest home that sold was 58 yrs old (72 Mels Rd)
•The average age of the homes that sold was 27 years (33 last month)
•4 condo/townhouse/fractional properties sold (3 last month)
Here are the statistical breakdowns:
Average Sale Price: $364,821 (last month $312,571)
Average Days on Market: 252/283 (last month 147/224) (days on market with current broker/total days on market)
—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!
20 properties sold in March 2012, up 4 from last month. Last year there were 22 homes that sold in March.
Let’s take a look at the rest of the stats:
There are 44 homes under contract right now (48 last month).
The average list vs. ORIGINAL sales price was 77.80% – (last month 82.16%).
The ADJUSTED list vs sale price was 90.58 (last month 89.82%).
The current # of active/for sale listings in MRIS (minus timeshares) is 591, up from last months 575. We have a 29.55 month supply of homes available (minus timeshares) based solely on the March sales numbers.
Random observations:
•5 ‘newer’ homes sold in March (5 years old or less)
•It appears that 15 or so of these sales were vacation homes
•11 homes sold under $300,000 (last month was 8)
•15 homes sold under $400,000 (last month 12)
•0 homes sold over $ 1 million (0 last month)
•3 homes sold for higher than full price or at full price (last month was 0)
•One house sold for 48.82% of asking price – 131 Mountain Overlook Ct #9
•The oldest home that sold was 108 yrs old (34 4th St)
•The average age of the homes that sold was 24 years (27 last month)
•6 condo/townhouse/fractional properties sold (5 last month)
Here are the statistical breakdowns:
Average Sale Price: $293,150 (last month $278,250)
Average Days on Market: 272/297 (last month 199/227) (days on market with current broker/total days on market)
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!
22181 GARRETT HWY #H
MC HENRY, MD 21541
EVERYTHING you want in a Deep Creek Lake vacation home can be found ‘At Lake’s Edge’. Stunning lakefront views from virtually every room in the house. Picturesque waterfront, deep water & dock slip. Impressive rental history, nearly the highest you’ll find in this price range. Lakeside decks, hot tub, 6BR 5.5BA, well appointed & virtually turn-key. A rare combination of the best DCL has to offer!
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
Subdivision: LAKEWOOD VILLAGE
Bedroom(s): 6
Bathroom(s): 5 Full, 1 Half
Year Built: 1999
Levels: 3
Approx Finished Sq Ft: 3,204
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!
411 FAIRWAY DR
OAKLAND, MD 21550
Lovely 5BR/3BA raised rancher on 16th Fairway at Oakland Golf Course. Beautiful in-ground pool with pool building. Hdwd flooring on both levels, two levels finished, 2 family rooms, 2 fireplaces, formal LR, formal DR, eat-in kitchen, pantry, 2 car garage. Jetted tub in shared bath, MBR with MBA, Gas h/w baseboard heat up and in-floor gas radiant heat lower level, huge utility room. Seller RE agent
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
$249,000 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!
LOG CHALET ON 2.78 ACRES WITH BREATH-TAKING VIEWS OF DEEP CREEK LAKE AND THE MOUNTAINS. LARGE, OPEN KITCHEN/LIVING/DINING AREA WITH CATHEDRAL CEILINGS AND ACCESS TO SPACIOUS SOUTH-FACING DECK. EXTRA LARGE RECREATION ROOM, HALF BATH AND TANDEM GARAGE ON LOWER LEVEL. MAIN LEVEL BEDROOM. SPACIOUS LOFT W/ MASTER BDR, BATH AND SITTING AREA. PRIVACY PLUS VIEWS!
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
$475,000
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!
267 FIRESIDE RD
OAKLAND, MD 21550
IMMACULATE 4BR, 3BA w/ a large stream running through the property. An amazing 6 acres of park-like terrain surrounds this custom built home. Intricate carpentry accentuates every room and detail. Impressive in every way – built-ins around every corner, efficient heating options, covered deck, peaceful setting, private master suite w/ fireplace & jetted tub, overlooking the forest….A MUST SEE.
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
If you or someone you know is considering 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! As member of the Garrett County Board of Realtors, I can assist you with ANY listed property, regardless of the listing broker.
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