Deep Creek Lake Daily Notes December 3

The weather today will be cloudy in the morning, then becoming partly sunny. Patchy fog in the morning, with highs in the lower 30s. West winds of around 5 to 10 mph.

Get into the holiday spirit at Naylor’s Ace Hardware in Oakland on December 6 from 10 AM to 2 PM. Snap a photo with Santa, enjoy warm drinks and snacks, and let the kids pick up a special treat bag while supporting your neighborhood store.

Give the gift of warmth this season by donating scarves, gloves, boots, or gently used coats at David Jochynek State Farm by December 20 to help those in need.

Looking for the perfect gift? Arrowhead Market’s $40 Ultimate Gift Card is valid at all four of their businesses and includes a free cinnamon roll.

Wedgie Wednesday is here! Get $2 off any Large Wedgie at Fox’s Pizza Den in Oakland.

Pasta Night is on at Ace’s Run Restaurant & Pub every Wednesday from 4:00 PM to 8:30 PM!

Spend tonight at 6:30 PM at Big Sandy Brews with a hands-on Get Bent & Ferment class filled with creativity, relaxation, and holiday vibes. Enjoy a festive “Get Bent” session, craft your own cranberry-apple holiday cider, and take in the cozy, upbeat energy with great company and plenty of laughs.

Jay Ferguson – Real Estate Market Update March 28

Jay Ferguson – Real Estate Market Update March 17 (Deep Creek Lake, MD)

 
MARCH MADNESS! Lots of activity so far this month but first, GET A SECOND OPINION if you are in the market to buy or sell or even vacation rentals. Everyone has an opinion…and an angle. Myself included. I’m conservative with pricing by nature but also optimistic when I see something special or rare circumstances. That combination has served me well over the years. Ideally you want an agent who will ‘tell it like it is’ rather than tell you what you want to hear. I would love an opportunity to BE THAT GUY for you. Our market has cooled off a little bit with recent world events, wobbly stock market and rising interest rates. I saw it last year around this time, as well, when our market was affected by tariffs and the layoffs of federal workers. It all matters in a market like ours, where its a WANT to have a lake property – not a NEED. There is some great value out there right now and plenty of overpriced homes still trying to find their floor. I have several new construction homes – by one of the most reputable builders in the area, Lyv Homes – in and around Oakland and the golf course. Sweet properties with modern designs, truly unique. They will be working on lake house soon at Stilwater, so stay tuned for that or let me know if you want some inside info on upcoming projects!
 
Keep in the loop with some of my buyer tools like auto email updates, custom searches and disclosure files for ANY and EVERY listed property for sale. If you need information on anything real estate related, I’m your guy 🙂
 
Notable recent activity:

179 homes currently for sale (up from 161)
Closed sales – 16 total sales so far in March (6 over last 7 days)
Pending sales – 45 homes, 12 over last 7 days
New listings – 16 new active listings in the last 7 days – 2 coming soon
Price changes – 10 reductions in the last 7 days
Off market – 4 homes de-listed in last 7 days

 
Odds and ends:

$4.250 million ranch on Boy Scout Rd OFF MARKET
Lakefront Ski Harbor #33 UNDER CONTRACT immediately
Pricing parity in and around Wisp Resort – 5BR chalet UNDER CONTRACT $799k (similar homes priced well over $ 1 million)
Lakefront condo at Silver Tree Suites #124 now $159k
Bargain – Lake view cottage SOLD $215,000
$4.7+ million lakefront @ Turkey Neck CONTRACT

 
Breakdown of market:

45 total contracts – 14 under $300k, 22 $300k to $999k, 9 over $1 million
32 homes for sale over $1 million (up from 30)
72 water oriented homes still available – 25 lakefront, 47 off lake
163 lots/land listings for sale, 20 of which under contract

Just Call Jay! 25+ years of experience, creative solutions to sell your property – call me for a free consultation! jay@deepcreeksales.com 301-501-0420 (call/text)

If you ever want specific numbers or stats about your neighborhood or certain segments of the market – let me know! I can gather any data you might need and even set you up with auto email updates of ANY stats that MATTER TO YOU! jay@deepcreeksales.com 301-501-0420

 

Average Sales Price

Active Listings

Closed Sales

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