Deep Creek Lake, Maryland

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

 

Deep Creek Lake, Maryland
Deep Creek Lake, Maryland

Deep Creek Lake, Maryland

Deep Creek Lake, Maryland. Just a hair west of the Eastern Continental Divide on a large Plateau called Tablelands, and just a bit East of Morgantown, West Virginia home of the Mountaineers, you will find the up and coming resort town of Deep Creek Lake. Maryland.  The mighty Youghiogheny River carves through the panhandle of Maryland’s Garrett County mountains as it flows north through Pennsylvania and finally merges with the famous three rivers in the steel town of Pittsburgh then funnels to the Mississippi River and eventually drains into The Gulf of Mexico. Deep Creek Lake was a very popular get away for the rich and well-to-do folks who were trying to escape the brutal humid heat that dominated the East Coast at the turn of the century.  Henry Ford, Harvey Firestone and Thomas Edison often camped at Maryland’s highest waterfall, Muddy Creek falls which is only minutes from the northern end of the lake. Deep Creek Lake was in fact created when the DCL Dam was constructed in 1928, which gave this tranquil mountain environment another valuable asset and catapulted the area into becoming Maryland’s diamond in the rough. The lake slowly evolved to support lake recreational activities such as boating, sailing, fishing, swimming, and waterskiing and whose main stream popularity gained momentum through the decades to become the centerpiece for tourism in the state of Maryland.  In 1955, Mr. Ace Heise turned the cow pastures of Marsh Mountain into a make shift ski area that slowly evolved into one of the premier ski resorts on the east coast, Wisp Resort.  The power trio of Wisp Resort, Deep Creek Lake, and the Youghiogheny River stand as the nucleus to the county thriving abundantly with recreational activities year round.  Activities include; hiking, river and lake fishing, camping, snowshoeing, boating, sailing, wakeboarding, slalom skiing, ATV riding, snowmobiling, kayaking, snow skiing, snowboarding, zip lining, dune buggy trails, ice skating, a roller coaster, and jet skiing to name a few. With the popularity of the lake came more and more events to entertain locals and tourist alike.  Events like: The Autumn Glory Festival & Parade, The Deep Creek Dunk, The Cardboard Box Derby, Deep Creek Lake Art and Wine Festival, K-9 Tunes and Brews, Winter Fest,  Aquapooloza and many more throughout the season. Take a little time before your next visit to DCL and dig up some facts and history in the archives of the internet so your appreciation for this special town can be fully understood.

Deep Creek Lake, Maryland
Deep Creek Lake, Maryland

Deep Creek Lake, Maryland Deep Creek Lake, Maryland Deep Creek Lake, Maryland Deep Creek Lake, Maryland Deep Creek Lake, Maryland Glendale Bridge Deep Creek Lake, Maryland Deep Creek Lake, Maryland Deep Creek Lake, Maryland Deep Creek Lake, Maryland Deep Creek Lake, Maryland

Real estate market looking up at Deep Creek Lake

 

Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor
Betsy Spiker Holcomb Deep Creek Lakes Favorite Realtor

Real estate market looking up at Deep Creek Lake. YES, this statment is proving to be true!  There have been 17 residential sales thus far in 2010, with sales prices ranging anywhere from $80,000-825,000.  On top of that, there are 32 additional residential properties that are under contract or pending sale with asking prices of  $42,900-2,250,000.  This is potentially 49 sales for the 1st quarter of 2010.  Nothing to shrug off considering the low consumer confidence we’ve seen over the last 18 months.

For comparison, there were 18 home sales during the same time last year ( 1/1/09-3/1/09), 32 sales in 2008, 49 sales in 2007 and 67 sales in 2006.  Our average list price to sales price ratio is still 91%, which is considerably good when looking at the nation’s averages.  (Source for # of units sold: Metropolitan Regional Information Systems, MRIS)

Deep Creek Lake’s real estate source

Real estate market looking up at Deep Creek Lake
Real Estate expert Betsy Spiker Holcomb