Category: Market Update
January 2026 Market Update | Deep Creek Lake Real Estate
The 2026 real estate market in Garrett County is off to an impressive start. January brought significant growth in both sales volume and pricing, signaling continued strength and confidence in our local market. Here’s how the numbers compare year over year: Sold Activity and Pricing Total Sold Dollar Volume: $20,158,599, up 60.34% from January 2025... Read More
Garrett County Real Estate: A Look Back at 2025 and What’s Ahead for 2026
The 2025 Garrett County real estate market tells a story of stability, resilience, and steady opportunity. After several years of rapid growth and shifting conditions, 2025 felt like a return to a more balanced and sustainable pace, one that continues to reward both prepared sellers and thoughtful buyers. 2025 by the Numbers: A Steady Year... Read More
December 2025 Market Update | Deep Creek Lake Real Estate
As we closed out 2025, the Garrett County and Deep Creek Lake real estate market wrapped up the year on a steady and encouraging note. December’s numbers reflect a market that remains active, balanced, and full of opportunity for both buyers and sellers as we head into 2026. A Year-End Snapshot: Steady Sales and Solid... Read More
November 2025 Market Update | Deep Creek Lake Real Estate
November brought solid momentum to the Garrett County market, with more sales activity and stronger prices compared to last year. Data below compares November 2025 vs. November 2024. Garrett County Real Estate – The Big Picture Sold dollar volume: $32.8M, up 47% Units sold: 46, up 44% Median sold price: $556,500, up 30% Average sold... Read More
October 2025 Market Update | Deep Creek Lake Real Estate
Garrett County’s housing market stayed active and healthy in October 2025, with strong buyer demand and rising prices alongside a bit more breathing room in terms of days on market. It continues to be a solid environment for both buyers and sellers, especially for those working with a local expert who understands the nuances of... Read More
September 2025 Market Update | Deep Creek Lake Real Estate
Fall is in the air at Deep Creek Lake, and the local real estate market remains active with strong prices and steady buyer demand. September showed continued momentum with a notable increase in sold dollar volume and prices compared to last year. Market Highlights Sold Dollar Volume: $31.6M – up 28% from September 2024 Average... Read More
August 2025 Market Update | Deep Creek Lake Real Estate
Garrett County Real Estate Market Summary – August 2025 Key Market Indicators Based on the Bright MLS SmartCharts report for August 2025: Closed Sales: 39 homes sold, down 25% from August 2024. Average Sold Price: $524,138, down 4.1% compared to last year). Sold Dollar Volume: $21.73M Days on Market (DOM): Homes took an average of... Read More
July 2025 Market Update | Deep Creek Lake Real Estate
Garrett County Real Estate – Key Market Indicators for July 2025 According to SmartCharts by Bright MLS, July 2025 showed the following: Closed Sales: 46 homes sold, up 9.5% year-over-year. Median Sold Price: $320,000, down 21.5% compared to July 2024 ($407,500). New Listings: 51, a decline of 13% from last year. Active Listings: 297, up... Read More
June 2025 Market Update | Deep Creek Lake Real Estate
Garrett County Real Estate Market Summary – June 2025 Key Market Indicators Based on the Bright MLS SmartCharts report for June 2025: Closed Sales: 24 homes sold, down 17.2% compared to June 2024 (29 sales). Median Sold Price: $550,000, a sharp increase of 78% year-over-year (from $309,000). Average Sold Price: $673,151, down slightly (–2.8%) from... Read More
May 2025 Market Update | Deep Creek Lake Real Estate
Garrett County Real Estate Market Summary – May 2025 Key Market Indicators Based on the Bright MLS SmartCharts report for May 2025: Closed Sales: 35 homes sold, up 12.9% from May 2024 (31 sales). Median Sold Price: $425,000, up 19.7% year-over-year (from $355,000). Average Sold Price: $626,235, compared to $668,129 last year. Sold Dollar Volume:... Read More