Happy New Year! I plan on doing a deeper dive on year-over-year stats at DCL next week once all the data is officially in and accounted for. I will throw out some caution – numbers are deceptive this time of year. It’s typically the time of year when properties go off market by design (winter weather, logistics of access/heat, etc) and when lots of listings expire – end of calendar year. The numbers look really weak right now because this is a traditionally slow time of year anyway. A few things caught my eye: A split lakefront home on Marsh Hill Rd for under one million. Lakefront homes under this price have been rare over the past few years. A home I sold a few years ago in North Camp is now selling WAY below what they paid for it. Something to keep an eye on as prices shift on the mountain. There is a $3+ million lakefront home in the Blakeslee listed for sale, and several intriguing options at Villages of Wisp.
Notable recent activity:
7 new listings, 7 price drops, 2 off-market, 5 contracts, and 6 closed homes over the last 7 days
$999k split lakefront home on Marsh Hill just listed
34 total contracts – 7 under $300k, 17 $300k to $999k, 10 over $1 million
38 homes for sale over $1 million (down from 45)
74 water-oriented homes still available – 33 lakefront, 41 off lake
North Camp – one home is selling ~$75k UNDER what they paid 2 years ago
154 (down from 178) lots/land listings for sale, 13 of which are under contract
25+ years of experience, creative solutions to sell your property – call me for a free consultation! jay@deepcreeksales.com 301-501-0420 (call/text)
176 homes currently for sale (down from 188)
34 under contract/pending (down from 62)
46 total sales in November, 43 total sales in December – 6 so far in January
