The switch has flipped. The summer market seems to be here. A little more traffic on the streets, too. My phone started blowing up this week – many more inquiries from buyers and several sellers interested in a market analysis. I am proud to announce that my highest ever sale occurred this week – a $2,712,500 sale at Waterfront Greens – a new community record! This also seems to be the highest waterfront sale in the last 6 months at Deep Creek. It was really special for me because I sold them the lot way back in 2003 (I was 24 years old!) and we signed the deal at a picnic table by the lake – they even kept the pictures 🙂 This family built a special place on a magnificent lot and turned it into an ‘Unforgettable’ vacation rental – Taylor Made’s grossing rental of all time. I loved being able to close the book on their Deep Creek Lake chapter! Just like last week, a lot of the other activity that I saw this week was in the $200k-500k range – several closings and homes that went under contract around the county. A lake access home with dockslip at Carmel Cove went under contract, and a condo at Four Hooppole closed at $732,500. I had several building lots that had been on the market for a while, finally went pending – a lake access lot at Overlook (under $30k?! for lake access??) and a nice golf course lot at Fantasy Valley. Working on that lakefront house for next week – pancake flat waterfront area, and a nice 3-acre building lot at Timbers on the Yough coming on the market for $35k. Busy week!
25+ years of experience analyzing market trends and honest assessments of real estate values – call me for a free consultation! jay@deepcreeksales.com 301-501-0420 (call/text)
276 active residential listings on the market (up from 271 last week)
53 under contract/pending (up from 48 last week)
7 total home sales closed in June so far (up from 3 last week)
