Jay Fergusonjay@deepcreekvacations.com301-501-0420
Menu

New Home Listings – 1-13-10 – Buyer Client Update

A few new residential listings were added over the last 24 hours. For more information, feel free to check out this .pdf file or contact me directly.

GA7235955 952 HIGH ST E $189,000 Oakland Rancher 3BR 1BA

GA7235773 257 MARSH HILL RD #3 $289,900 Mc Henry DEEP CREEK VILLAGE 2BR 3BA

GA7235557 228 STILWATER DR $1,690,000 Swanton STILWATER 6BR 5BA

(source: MRIS January 13, 2010, other brokers listings may be included. This market update posting is intended solely for buyer clients of Jay Ferguson & Long & Foster Real Estate)

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

Recent Lot/Land Listings – Buyer Client Update

There were 9 new land/lot listings since January 1, 2010. Some larger parcels and several building lots. THere is also one commercial property that includes several different properties, projects and communities (click for .pdf and more photos/info)

GA7234728 1 TURKEY KNOB RD $44,900 Oakland 1.700ac R

GA7235151 YOUNG WOOD LN W $74,900 Grantsville 10.600ac R

GA7234225 TRAP RUN RD $99,000 Friendsville 19.780ac

GA7229995 GARNER DR $124,500 Deer Park 3.073 LR

GA7234494 681 BOY SCOUT RD $149,000 Oakland 50.020 LR

GA7229867 3 GRAND ESTATES DR $349,000 Mc Henry .573 R

GA7233401 65 WESTWARD WAY $369,000 Mc Henry .574 LR

GA7228856 14 PARKSIDE SOUTH CT $499,000 Mc Henry .520 LR

GA7232486 25297 GARRETT HWY $4,900,000 Mc Henry 36.840 C /

(source: MLS January 1, 2010 – January 12, 2010)

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

New Residential Listings – Update for Buyer Clients

There are 5 new residential listings in the Deep Creek Lake/Garrett County area that are now available for sale (click for .pdf):

GA7234937 673 NORTHLAKE VILLAGE $395,000 Mc Henry NORTHLAKE VILLAGE

GA7234193 498 GLEANINGS DR $449,000 Mc Henry THE GLEANINGS

GA7234198 475 PINNACLE DR $449,000 Swanton THE PINNACLE

GA7234716 15 MEADOW MOUTAIN RUN RD $699,900 Swanton MEADOW MOUNTAIN RUN

GA7234339 774 GLENDALE RD $799,000 Deer Park SAND STONES ON THE LAKE

(source: MLS Jan 9, 2010 – Jan 12, 2010)

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

December 2009 Sales Update – Deep Creek Lake & Garrett County, Maryland


There were a total of 29 residential sales in the month of December in Garrett County and at Deep Creek Lake. This pace is slightly ahead of last year (27 sales – Dec 2008).
This is certainly debatable, but 12 of these sales appear to vacation homes or 2nd homes, while the majority are primary residential. This certainly makes a difference in pricing strategies, specifically demand-based pricing.

The average list vs. ORIGINAL sales price is 84.49% (up slightly from November), though the ADJUSTED list vs. sales price is 90.96% of asking price (almost identical to November).

The current number of active/for sale residential listings is 602. 23 of these homes are under contract.

Here are the statistical breakdowns:

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

Long and Foster Real Estate video on the new home buyers tax credit.

[youtube=http://www.youtube.com/watch?v=5Ju2mgq-suI&hl=en_US&fs=1&]

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

Tearing down the Point View Inn

Tearing down the Point View Inn

image

I just took a few quick photos and I wanted to share one. The Point View Inn (specifically the hotel part of the building) is in the process of being torn down. It’s available for sale ($4.9 million apparently) and could be just about anything – townhomes, 7 single family homes, new hotel, etc…but for someone with deep enough pockets, it could remain the Point View Inn! That was one of the 4 spots I hit the night I turned 21. Truly a Deep Creek Lake icon!

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