Category:real estate for sale
Top 10 metros with largest drop in for-sale inventory in July
Asking prices rise 2.6 percent nationwide
By Inman News
Editor’s note: These numbers come from Realtor.com’s July 2012 Real Estate Trend Data Report. The report covers 146 U.S. metros and includes single-family homes, condos, townhomes and co-ops.
The number of for-sale real estate listings continued to drop on an annual basis in July, falling 19.3 percent from July 2011 to a total of 1.87 million listings nationwide, according to Realtor.com data through July 2012. This trend, along with a 2.6 percent year-over-year median list price increase last month to $194,900, points to some stability in the nascent housing recovery that’s slowly settled in this year….
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Metros with greatest year-over-year list price increases (July 2011 to July 2012)
Percent change
Santa Barbara-Santa Maria-Lompoc, Calif. 31.5%
Phoenix-Mesa, Ariz. 27.7%
Boise City, Idaho 16.8%
San Francisco 15%
San Jose, Calif. 13.8%
Seattle-Bellevue-Everett, Wash. 13.5%
Reno, Nev. 13.1%
West Palm Beach-Boca Raton, Fla. 12.6%
Washington, D.C.-Md.-Va.-W.Va.(D.C.) 12.2%
More here.
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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!
Back on the market! $149,900 282 Greenfield Ln GA
282 GREENFIELD LN
SWANTON, MD 21561
New roof! Updated 3BR/2BA home on nearly 2 acres of land with a small stream in the back yard, overlooking pasture land. 3 garage stalls – 1 attached & 2 stalls in a detached garage offer plenty of storage. Other features: cedar siding, native stone, fireplace, 2nd living room, several heating sources, newer kitchen cabinets & flooring. 3 parcels sold together. Deep Creek Lake is around the corner
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
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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!
BACK ON THE MARKET! 630 PARADISE RIDGE RD - GA7844475 - $299,900
After quickly going under contract, the buyers could not obtain financing for this home and its back on the market. One of the best priced log homes on the market, with incredible views of Deep Creek Lake & the surrounding mountains, lake access and an attached 2 car garage. EXCEPTIONAL condition and very well maintained! More details here.
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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!
Lakefront Buys Available In All Price Ranges
Lakefront property hasn’t been this affordable since 2004! (email me for stats) Here is part of a post I recently put on the Railey Realty blog:
Lakefront prices haven’t been this low for quite some time and there are some really great deals out there right now for any price range. Visit my website (i♥DeepCreek.com) or email me (deepcreeklaker@gmail.com) for more info on any of these Railey Realty listings!
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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!
New Listing! 66 Alan Fike Rd - 60 acres farm -$399,900 - GA7847548
66 ALAN FIKE RD
FRIENDSVILLE, MD 21531
Country living at its finest! This remodeled farm home is an ideal second residence or working farm. Stocked trout stream (Mill Run), & a 2nd stream are within a stones throw – enjoy the sounds of flowing water throughout the property.. 50×25 barn, 3 car garage, and 60+ AC of pasture & wooded acreage sure to please any sportsman. A scenic walk to Mill Run recreation area & Yough Lake boat launch.
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
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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Just Listed - 630 Paradise Rdige Rd - GA7844475 - $299,900
Immaculate Mountaineer log home in Paradise Ridge community. Well maintained inside/out, owner pride is evident. Tongue and groove wood walls, beamed ceilings and loft – spacious master suite. 2 car attached garage, level lawn & unique views from the property – you will never get tired of the mountains & water views this property offers! One of the best lake access areas at Deep Creek Lake!
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
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| Search real estate for sale at Deep Creek Lake & Garrett County |
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!
April 2012 Real Estate Market Update - Residential
24 properties sold in April 2012, up 4 from last month. Last year there were 21 homes that sold in April, so we beat last year’s number, as well.
Let’s take a look at the rest of the stats:
There are 49 homes under contract right now (44 last month).
The average list vs. ORIGINAL sales price was 82.25% – (last month 77.80%).
The ADJUSTED list vs sale price was 89.13 (last month 90.58%).
The current # of active/for sale listings in MRIS (minus timeshares) is 636, up from last months 591. There are about 20 properties coming on the market each week this time of the year. We have a 26.5 month supply of homes available (minus timeshares) based solely on the April sales numbers.
Random observations:
•3 ‘newer’ homes sold in April (5 years old or less)
•It appears that 19 or so of these sales were vacation homes
•12 homes sold at/under $300,000 (last month was 11)
•15 homes sold under $400,000 (last month 15)
•0 homes sold over $ 1 million (0 last month)
•1 home(s) sold for higher than full price or at full price (last month was 3)
•One house sold for 52.63% of asking price – 15 Maybury Ln
•The oldest home that sold was 128 yrs old (4743 Old Morgantown Rd)
•The average age of the homes that sold was 32 years (24 last month)
•2 condo/townhouse/fractional properties sold (6 last month)
Here are the statistical breakdowns:
Average Sale Price: $318,094 (last month $293,150)
Average Days on Market: 298/435 (last month 272/297) (days on market with current broker/total days on market) – this number took a HUGE jump this month, as there were 2 homes that sold after being on the market for 1,211 and 1,546 days, respectively.
There are still some great deals out there, and some that aren’t so great – I can help you figure out which properties are good buys & why – call/email me for a free consultation of any properties you are interested in!
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| Search real estate for sale at Deep Creek Lake & Garrett County |
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!
Lakefront vacation rental home for sale!
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!
Just Listed: 123 Antler Dr - Yough Mountain Resort - GA7784294 - $179,999
123 ANTLER DR
OAKLAND, MD 21550
The perfect weekend getaway! Situated just inside gated Youghiogheny Mtn Resort, this .99 acre (2 lots) is the perfect blend of convenience and privacy. Tastefully appointed & a cozy, yet spacious floor plan. 1 car detached garage, fully fenced back yard and circular driveway. Enjoy quiet moments on the front or back porch, or find some excitement on the many ATV & snowmobile trails nearby!
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
Subdivision: PINEY MOUNTAIN CORP
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!
Best buy at Wisp Resort: 375 Sandy Shores - $475,000- GA7344944
375 SANDY SHORES RD
MC HENRY, MD 21541
MOUNTAINEER LOG CHALET ON 2.78 ACRES WITH VIEWS OF DEEP CREEK LAKE, THE 219 BRIDGE AND THE SURROUNDING 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! RECENTLY REMODELED KITCHEN & BATHROOMS – UPGRADED VANITIES, GRANITE COUNTER TOPS & CABINETS. PUBLIC SEWER NEARBY FOR EXPANSION, IF DESIRED. WALK TO LODESTONE GOLF COURSE ACROSS THE STREET! ASCI WHITEWATER RAFTING & WISP SKI RESORT ~1 MILE AWAY. SIMILAR LOTS PRICE IN THE $300K RANGE!
Contact Jay Ferguson @ 301-501-0420 or DeepCreekLaker@Gmail.com for more information or to setup a private showing for this property.
Listing # GA7344944 – $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!
