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)

231 Santa Fe Trail

1038 S Blakeslee – 5BR/5BA 4000+sf LAKEFRONT – $2.1 million

Fork Run Trail, #50

Lot 10 Timber Ridge – building lot with HUGE lake & slope views – $150,000

Jrs Drive, #11

NEW CONSTRUCTION! Downtown Oakland, 2BR 2BA. Autumn Glory parade views! $289,900

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 February 23

Feb 24, 2026

Post Deep Creek Dunk weekend update! The dunk was a HUGE success. The local version for GC school kids, the Cool Schools Dunk, raised over $42,000! That money stays here in Garrett County and will benefit special needs programs locally. We are in the middle of a...

Jay Ferguson – Real Estate Market Update January 20

Jan 20, 2026

The 2025 real estate market update you have been waiting for! It was a really weird year for real estate here in GC and DCL. Our summer market was way below average, as you can see. Normally, June, Jul,y and August are the best months for activity. Last year, spring...

Jay Ferguson – Real Estate Market Update January 9

Jan 9, 2026

Happy New Year! I plan on doing a deeper dive on year-over-year stats at DCL next week once all the data is officially in and accounted for. I will throw out some caution - numbers are deceptive this time of year. It's typically the time of year when properties go off...

Jay Ferguson – Real Estate Market Update December 3

Dec 3, 2025

**WISP OPENS FRIDAY** Post-Thanksgiving update. After the lackluster spring and summer market we had, we all should be thankful for the fall season and the interest rate drops that helped save our stats. This time of year more and more sellers make thew decision to...

Jay Ferguson – Real Estate Market Update October 31

Oct 31, 2025

Monsters don't like swimming in Deep Creek Lake - they prefer Lake EERIE!! I'm going to try for limited Halloween puns in this update, and that should be easy because most of the numbers aren't scary at all! Even MORE activity. Rates continue to drop, and the phone...

Jay Ferguson – Real Estate Market Update October 17

Oct 17, 2025

It's like the REAL summer market just showed up. This is what I was expecting and hoping for all summer long. Activity. Lots of it. The flood gates opened with rates dropping and a ton of inventory (with fresh price reductions), and buyers are now locking up...

Jay Ferguson – Real Estate Market Update October 3

Oct 3, 2025

The price reductions are working. Well, that and interest rates dropping to levels last seen in 2022. All of a sudden, the real estate market picks back up again at DCL & Garrett County, and the fall market is officially on fire. Several homes that I have listed...

Jay Ferguson – Real Estate Market Update September 16

Sep 16, 2025

There has been a welcome—and surprising—push of new home listings & sales since late August. Rates have been dropping, and the phone just kind of blew up over the last few weeks. It's been busy, and there are some situations with multiple offers and renewed...

Jay Ferguson – Real Estate Market Update Labor Day Weekend

Aug 30, 2025

  How is it already Labor Day weekend?!? While there is still plenty of summer left on the calendar, Labor Day weekend has always been the official 'end' of the summer season at the lake. This summer market seems a little weird compared with the last 5 years or so....

Jay Ferguson – Real Estate Market Update August 15

Aug 15, 2025

Summer keeps summering here at DCL & GC. The market has been wild - crazy prices (high and low) and weird market stats. Here's one for you - the highest sale of the year so far is NOT a lakefront home but rather a unicorn $2,715,000 sale in Deep Creek Highlands....

What are you waiting for?

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

CONTACT ME
301-501-0420

Owner, Associate Broker
25+ years experience

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

 

 

 

 


As Seen On: