Take this recent Deep Creek lakefront sale as a prime example. Listed May 27, 2010 for $1,125,000 and sold July 23, 2010 for $875,000 (approximately 78% of list price). This seems to be very much in line with my warning for potential buyers back in 2008 that "list prices appear to be running significantly above sold prices."
Don't forget to check back to Dan's Deep Creek Blog for your future updates on Deep Creek real estate.
Sunday, August 8, 2010
Deep Creek properties still selling well below list price in many cases
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