“There are three kinds of lies: lies, damned lies, and statistics.” – Mark Twain
My name is Jay Ferguson and I am one of the owners of the real estate division of Taylor Made Deep Creek Vacations & Sales. I am entering my 19th year in the real estate business here in Garrett County and at Deep Creek Lake.If you are interested, you can click here find out more about me personally and my background.
I will be writing a monthly blog post about our local real
estate market, sharing & interpreting statistics and offering some insights
into the market as a whole…as I see it. These are my personal thoughts and musings about the market in general
and are not intended as anything more specific. And, to be clear, I am an
optimistic, glass half-full kind of guy.
Lastly, every stat I reference is based on the official
stats published by Bright MLS on or around the 15th of each month.
My plan is to give you straightforward stats coupled with my analysis from the
front lines and let you interpret what you read in your own way.
December 2019 – We finished the month with 47 new listings,
down from 48 new listings last month. There 21 fewer homes for sale right now
than last month and the median price in November was $250,000. The best news of
all?!?! The Wisp was able to open on December 13! As I write this, I am looking
out my window at the amazing view of operational chairlifts and real human
bodies skiing down the mountain!
Deep Creek Lake celebrates its 95th anniversary of existence in 2020! Maryland’s largest freshwater lake is loved by many and has an interesting history. Deep Creek Lake encompasses about 3900 acres with ~65 miles of shoreline. This man-made lake got its start in 1925 as the result of an effort undertaken by the Youghiogheny Hydro Electric Corporation to harness the power of the Youghiogheny River. A 1300-foot-long impoundment dam was constructed to stem the flow of water. Thousands upon thousands of trees were removed from the area to be flooded and 15 miles of primary and secondary roads were relocated. It was estimated that it would take close to 6 months to fill the new reservoir, but heavy rains and snowfall quickened the process to only a couple of months.
There are two small town holiday celebrations the first full weekend in December. They offer tons of fun for the entire family. Each takes place Friday and Saturday, so that gives you plenty of time to experience both! They are a short 15 minute drive from the Deep Creek Lake area too.
A Great Small Town Christmas
The Town of Oakland hosts A Great Small Town Christmas, December 6th and 7th, 2019. You can enjoy numerous free and family-friendly activities in historic downtown area. It is the perfect opportunity to shop for unique gifts too.
The kick-off is a tree lighting ceremony on Friday, December 6th. It is held at the community Christmas tree (outside B&O Museum) at 6pm. Come out and join us for sleigh rides, carols, store specials, and a special treat from Santa!
On Saturday, December 7th warm-up with Soup N’ Santa! Local non-profit organizations will hand out free soup (donations are encouraged but not required). Visit with Santa at Smoke N Mirrors Photography, from 11am-2pm. Free sleigh rides are happening from 11am-2pm along with live music and local shopping.