In a sales meeting this morning, our manager Nancy Trotta went over the latest residential market statistics for the Garrett County area. The numbers are amazing, and I wanted to share some of the highlights:
There are currently 33 properties currently under contract between $55,900-$1,989,000. Of those contracts, Railey Realty has 18 of those homes under contract – 55% of the market!
Our next 3 closest competitors have 8 contracts COMBINED. Their individual market share ranges from 6%-9%, respectively. I believe that this demonstrates why I chose to make the move to Railey Realty last month – more market share and the ability to still sell homes even in the current market conditions. Our results speak for themselves!
And it’s not just contracts – our listing inventory is nearly double that of the next closest competing broker. We have 239 homes currently listed and more on the way. For the best selection of real estate listings, again, we are #1 in Garrett County & Deep Creek Lake!
If you are thinking of 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! 877-563-5350
