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 our Deep Creek Lake and Garrett County communities.
Big Picture: More Sales, Higher Prices
Compared to October 2024, this October saw:
- Sold dollar volume up 56% ($47.2M vs. $30.2M)
- Units sold up 43% (67 homes vs. 47)
- Average sold price up 7% (about $669K vs. $624K)
- Median sold price up 23% ($485K vs. $395K)
That combination of more sales and higher prices tells us the market remains attractive to buyers who value Garrett County’s lifestyle and amenities, and to sellers who are still achieving strong results when they price appropriately.
Detached homes saw the most notable price growth, with average sold prices up about 9% year-over-year, reflecting continued demand for stand-alone properties, second homes, and vacation-style retreats. Attached properties (like townhomes and condos) saw more variation in pricing, but units sold in that category still increased.
Inventory & Activity: More Options, Still-Engaged Buyers
On the supply side, inventory ticked up slightly:
- Active listings: 222 (up 3% from 215)
- New listings: 43 (up 8%)
At the same time, buyers are still writing offers:
- New pendings rose almost 24% (52 vs. 42)
- All pendings increased nearly 40% (67 vs. 48)
So buyers have a bit more to choose from than this time last year, but homes that are well-presented and well-priced are still going under contract.
Days on Market: A Little More Time to Decide
Average days on market for October (78) was nearly the same as September (74). It’s worth noting that many homes are still moving quickly: a significant share of sales occurred within the first 20 days on market, while others took longer, pulling the average up.
How Homes Are Being Financed
Financing trends also paint a positive picture of market confidence:
- Cash purchases: 21
- Conventional loans: 41
- FHA loans: 2
- VA loans: 3
The majority of buyers used conventional financing, while nearly one-third paid cash. That mix is typical of a market with a strong second-home and investment presence but still accessible to primary residence buyers.
What This Market Means for Sellers
If you’re thinking about selling in Garrett County or around Deep Creek Lake, October’s numbers highlight several positives:
- Price growth is real. Both the average and median sold prices are up year-over-year, especially for detached homes.
- Demand is solid. Units sold and pending contracts are both significantly higher than last year.
- You have competition, but not a glut. Active listings are only slightly higher, so a well-positioned home can still stand out.
To make the most of this market, sellers should:
- Price strategically. The average sold-to-original list price ratio dipped slightly to just over 90%, which means buyers are value-conscious. Correct pricing up front matters.
- Invest in presentation. Professional photography, thoughtful staging, and a strong online presence are crucial, especially as days on market lengthen.
Lean on local expertise. A local agent can help you interpret where your home fits.
What This Market Means for Buyers
For buyers, especially those considering a primary home, vacation property, or investment, October’s data offers encouraging news:
- More choices. Slightly higher inventory and new listings mean you’re less likely to feel rushed or forced into compromising.
- A bit more negotiating power. With average days on market rising and sale-to-list ratios slipping a bit, there may be room for conversations around price and terms.
- Long-term appeal. Rising prices and strong sold volume indicate that Garrett County continues to be a desirable market, supporting long-term value for owners.
Smart buyers should:
- Get pre-approved. With a high share of conventional financing, a strong pre-approval helps you compete with other financed buyers and even some cash buyers.
- Move quickly on the right fit. While average days on market are longer, many well-priced homes still go under contract quickly.
- Think about all four seasons. Garrett County is a year-round destination. Consider winter access, summer lake use, and proximity to trails, slopes, and local amenities when choosing a property.
Ready to Talk About Your Next Move?
Overall, October 2025 shows a Garrett County market that is active full of opportunity for both buyers and sellers. If you’re curious about what your home might sell for today, or you are starting to explore a Deep Creek Lake or Garrett County purchase, the Taylor-Made Deep Creek Sales team is here to help you interpret the numbers, understand your options, and create a plan that fits your goals.