Saturday, April 2, 2011

Another 2011 Deep Creek Foreclosure Sale

3285 SHINGLE CAMP Rd sold March 31, 2011 for $1.1 million. At one time, this property was priced at $1.8 million. Luckily for his/her sake, the recent buyer didn't buy into all that Deep Creek real estate marketing of a few years back.

And as a bonus, two $1million+ sales go into the recent sales data in short order. Two above average sales to skew sold price data higher. The real estate agents couldn't have developed any better scheme to make it appear as though prices are rising. A couple more $1million+ foreclosures and everything will be looking great (at least if you only look at average sold price).

Same property was also profiled on this blog as one of Deep Creek Lake's distressed properties in 2010. That citation is shown below.

3285 SHINGLE CAMP Rd: short sale, May 26 list price: $1,795,000, June 25 list price: $1,399,000, July 1 list price: $999,500. At this rate they'll be giving it away to the Farm Queen at the Garrett County Fair. Recently delisted.

Don't forget to check back to Dan's Deep Creek Blog for your future updates on Deep Creek real estate.

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