Olney Home Sales Report February 2020

Montgomery County Real Estate

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How's the Real Estate Market in Olney MD?

Olney home sales saw the following changes in February 2020 compared to last year at this time:

 -average sold price was $479,595 compared to last year's $430,275

- average days on market to sell a home went to 29 days from 31 days

- average sold price sellers were getting changed to 99.8% from 99.0%

Olney market activity is summarized in the following chart (mouse over for details):

Olney Homes Sold

Through February 2020 there were 6 single family homes, 12 townhouses and 4 condos sold.  The most expensive single family was sold for $1,335,826, a new home in Trotters Glenn.  The most expensive townhome sold for $512,000 in Barnsley Manor Estates . The most expensive condo sold for $193,000 in Camel Back Village. There was 2 cash buyers (mostly investors) or 9% of buyers.

The chart below shows average home price in Olney by type.

Are Sellers Getting Their Asking Price in Olney?

The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions.   You can see more details in our Olney Property Values Report.

How Long is it Taking to Sell a Home?

In February 2020, the average days on market was 29 compared to 31 days the same time last year. You can see more market statistics in our Olney Real Estate Market Trends Report.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.  Search for Olney homes for sale, save your favorites and get updates:

$229,900
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
996
SQFT
Address Withheld
Olney, MD 20832
Camelback Village Subdivision
Short Sale
$230,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,240
SQFT
3369 Tidewater Court B-6 #B-6
Olney, MD 20832
Olney Towne Subdivision
New Listing - 2 weeks online
$249,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #407
18282 Windsor Hill Drive 407
Olney, MD 20832
$249,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,137
SQFT
Fair Hill Codm #204A
18154 Windsor Hill Drive 204a
Olney, MD 20832
$269,900
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #207B
18166 Windsor Hill Drive 207b
Olney, MD 20832
$280,000
Condo For Sale
Active
2
BEDS
3
TOTAL BATHS
1,137
SQFT
Fair Hill Codm #205
18160 Windsor Hill Drive 205
Olney, MD 20832
$315,000
Condo For Sale
Active Under Contract
3
BEDS
2
TOTAL BATHS
1,470
SQFT
Homeland Vill Ol #206
18124 Rolling Meadow Way 206
Olney, MD 20832
New Listing - 4 weeks online
$319,000
Condo For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,197
SQFT
Homeland Vill Ol #180
18202 Rolling Meadow Way 180
Olney, MD 20832
Short Sale
$320,000
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,280
SQFT
The Hglds Of Oln #18
17733 Buehler Road 18
Olney, MD 20832
New Listing - 4 weeks online
$325,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,407
SQFT
18049 Golden Spring Court 166 #166
Olney, MD 20832
Homeland Village Subdivision
Open House Sun, May 9, 5 PM UTC
Please verify times due to COVID-19
$345,000
Townhouse For Sale
Active
3
BEDS
2
TOTAL BATHS
1,672
SQFT
17505 Longview Lane
Olney, MD 20832
Cashell Manor Subdivision
New Listing - a week online
$350,000
Townhouse For Sale
Pending
4
BEDS
3
TOTAL BATHS
1,848
SQFT
14 Hines Court
Olney, MD 20832
Cashell Manor Subdivision
Price Change - 3 weeks ago
$390,000
Townhouse For Sale
Active Under Contract
3
BEDS
4
TOTAL BATHS
1,836
SQFT
18236 Paladin Drive
Olney, MD 20832
Fair Hill Farm Subdivision
$399,900
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
1,836
SQFT
18246 Fox Chase Circle
Olney, MD 20832
Fair Hill Farm Subdivision
Price Change - 2 weeks ago
$415,000
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
1,774
SQFT
18238 Fox Chase Circle
Olney, MD 20832
Fair Hill Farm Subdivision
New Listing - 2 weeks online
$419,000
Townhouse For Sale
Active Under Contract
3
BEDS
4
TOTAL BATHS
1,920
SQFT
3504 Homeland Terrace
Olney, MD 20832
Williamsburg Village Subdivision
New Listing - 3 days online
$425,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,302
SQFT
3808 Wilberta Street
Olney, MD 20832
Olney Mill Subdivision
Open House Sun, May 9, 6 PM UTC
Please verify times due to COVID-19
$429,900
Townhouse For Sale
Active
3
BEDS
4
TOTAL BATHS
1,584
SQFT
17747 Chipping Court
Olney, MD 20832
Hallowell Subdivision
New Listing - a week online
$429,999
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,337
SQFT
4803 Brightwood Circle
Olney, MD 20832
Olney Springs Subdivision
New Listing - 3 weeks online
$450,000
Townhouse For Sale
Active Under Contract
3
BEDS
4
TOTAL BATHS
1,440
SQFT
3034 Finsel Court
Olney, MD 20832
James Creek Subdivision