Once again, Railey Realty is #1 in real estate sales in both Garrett County & at Deep Creek Lake. 2011 brought an increased number of residential transactions in both Garrett County (+7 over 2010) & Deep Creek Lake (+24 over 2010).
Railey Realty increased their already substantial market share in Garrett County residential sales to a whopping 47% of all county home sales – up 2% from 2010.
Our market share at Deep Creek Lake improved dramatically, as well – a dominant 63% of the Deep Creek Lake vacation home market, up from 59% in 2010.
The average sales price are down from 2010 and that is expected to remain in-line with national trends. There were fewer million dollar sales, as well, to bring down that average sales price in Garrett County ($340,484) and Deep Creek Lake ($472,163)
But, the transaction numbers are most exciting to me – more people are buying real estate in Garrett County & at Deep Creek Lake each year and we hope that the trend continues! Over time, economic factors will continue to adjust the average sales prices, but Garrett County & Deep Creek Lake are growing in popularity – and that will benefit ALL local businesses & full-time residents alike.
If you are in the market to buy or sell real estate, work with the #1 real estate sales company since 1995 – Railey Realty.
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!
