During the 2006, 500 residential units were sold in Garrett County, compared to 563 units in 2005. Those 500 units amounted to a total sold dollar volume of $201,362,925, down slightly from $213,206,898 in 2005.
However, the average sold price in the county was $402,726, compared with $378,698 in 2005. Additionally the average days on the market (DOM) was slightly shorter, 152 days, compared with 160 in 2005. 30 transactions involved homes with closing prices of $1 million or greater, including 1 transaction greater than $2 million.
See the below spreadsheet examining the past 10 years of the market in Garrett County (note: to view the entire spreadsheet click on it and page down)
Source: Metropolitan Regional Information Systems, Inc. (MRIS).