Owner, Associate Broker
25+ years experience

301-501-0420 – cell/text
301-387-4700 – office
jay@deepcreeksales.com
deepcreeklaker@gmail.com

 

 

 

 


As Seen On:

 

Owner/Associate Broker

301-501-0420 – cell/text
301-387-4700 x1030 – office
jay@deepcreekvacations.com 

 

 


As Seen On:

 

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

Honesty. Integrity. Results.

 

In addition to being an owner & founding partner of the real estate company, I am also a top-producing agent and Associate Broker for Taylor-Made Deep Creek Sales. I have been in the real estate industry for 25+ years – here – in Garrett County & Deep Creek Lake. I have extensively trained in all areas of real estate, marketing, emerging technologies and also have trained as an appraiser. I have a strong knowledge of our unique market area, as well as many local contacts & affiliations that allow me to perform at a very high level, solve problems, deliver results. I have a great deal of respect for my peers in this industry and have strong working relationships that I would love to put to work for you. Call me to discuss your situation – I will be of great service to you & others you care about!

 

Awards & Designations

 

Realtor of the Year 2018-19

Top 1% Agents Nationally

Best of Zillow

Deep Creek Times Community Champion

Jay Ferguson

Owner, Associate Broker
25+ years experience
301-501-0420 – cell/text
301-387-4700 – office
jay@deepcreekvacations.com


Jay won 1st place in the Deep Creek Times People’s Choice Challenge contest as Community Champion / Volunteer!

Past Market Updates:

Jay Ferguson – Real Estate Market Update July 21

Fresh off the DCL 100 birthday bash and the amazing drone light show this past weekend, is another mid-summer real estate report. The market has been...weird. A large number of new listings are hitting the market every day, but the number of contracts and new listings...

Jay Ferguson – Real Estate Market Update July 9

What an amazing 4th of July weekend! Celebrating America on Independence Day is always my favorite holiday of the year. Showing homes on a holiday weekend is always challenging, working around the crowds & traffic, rental availability, and navigating tight...

Jay Ferguson – Real Estate Market Update June 20

It has been WET - certainly as wet as I can remember for quite some time. This is quite the opposite of the very dry and drought-like conditions from last year. Showing homes has been a soggy adventure, but we are getting by. We may have to show more homes by boat if...

Jay Ferguson – Real Estate Market Update June 13

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...

Jay Ferguson – Real Estate Market Update June 6

Summer is nearly upon us. After some frost this week, warmer temperatures and thunderstorms are here just in time for the first week of summer vacation. Our market here at Deep Creek Lake is always a bit throttled until summer vacations start. Schools ending, spring...

Jay Ferguson – Real Estate Market Update May 30

Post Memorial Day real estate update. It was COLD & WET for most of last weekend. Our team at Taylor Made had an abundance of open houses, and the miserable weather seemingly drove people inside for at least half of the weekend. There was also a huge jump in homes...

Jay Ferguson – Real Estate Market Update May 23

Memorial Day weekend is upon us, and there is plenty of inventory out there if you are in the market to purchase. 260 active residential listings (countywide) is the highest # of homes for sale since 2020. This is definitely more of a return to normal for our area and...

Jay Ferguson – Real Estate Market Update May 8

May is off to a rainy start, but the market seems to be holding strong. I've got the inside scoop on 3 different lakefront condos that will be coming online soon - reach out for more details! I have a FANTASTIC 6500sf+ home listed that backs to Broadford Park with 2...

Jay Ferguson – Real Estate Market Update April 25

I alluded to a big announcement last week about an upcoming project in McHenry - and now its official.   McHenry Heights is an exciting new blend of retail and residential space, located across Garrett Hwy from Taylor Made Deep Creek Sales and behind Perkins, accessed...

Jay Ferguson – Real Estate Market Update April 18

As we head into Easter weekend and (hopefully) sustainably warmer temperatures, I am pleased to report the Deep Creek Lake housing market has been relatively consistent given the recent news & world events. Rates are still up and down, but buyers are determined to...

What are you waiting for?

…Buying or selling? Contact me for a free market consultation.

Owner, Associate Broker
25+ years experience

301-501-0420 – cell/text
301-387-4700 – office
jay@deepcreeksales.com
deepcreeklaker@gmail.com

 

 

 

 


As Seen On: