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:

Price Change - 2 weeks ago
$225,000
Condo For Sale
Pending
4
BEDS
2
TOTAL BATHS
1,252
SQFT
17801 Buehler Road 2-G-7 #2-G-7
Olney, MD 20832
Olney Subdivision
New Listing - 3 weeks online
$225,000
Condo For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,110
SQFT
3216 Spartan Road 38 #38
Olney, MD 20832
Camelback Village Subdivision
$250,000
Condo For Sale
Active
4
BEDS
2
TOTAL BATHS
1,252
SQFT
3204 Spartan 2-G-6 #2-G-6
Olney, MD 20832
Camelback Village Subdivision
New Listing - 2 weeks online
$279,900
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,137
SQFT
Fair Hill Codm #109A
18134 Windsor Hill Drive 109a
Olney, MD 20832
Price Change - 3 weeks ago
$285,000
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,240
SQFT
3312 Tidewater Court A-7 #A-7
Olney, MD 20832
Olney Towne Subdivision
Price Change - 5 hours ago
$285,000
Townhouse For Sale
Active
3
BEDS
4
TOTAL BATHS
1,240
SQFT
3377 Tidewater Court B-2 #B-2
Olney, MD 20832
Olney Towne Subdivision
$299,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,192
SQFT
18218 Rolling Meadow Way 45 #45
Olney, MD 20832
Homeland Village Subdivision
Price Change - 3 weeks ago
$304,900
Townhouse For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,056
SQFT
18036 Ohara Circle
Olney, MD 20832
Fair Hill Farm Subdivision
New Listing - 3 days online
$365,000
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
1,320
SQFT
17703 Lochness Circle 2 #2
Olney, MD 20832
Highlands of Olney Subdivision
New Listing - 13 hours online
$369,900
Townhouse For Sale
Active
3
BEDS
3
TOTAL BATHS
1,452
SQFT
17830 Lochness Circle 44 #44
Olney, MD 20832
Highlands of Olney Subdivision
New Listing - 3 weeks online
$370,000
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,260
SQFT
3801 Old Baltimore Drive 101 #101
Olney, MD 20832
Cherrywood Subdivision
New Listing - 2 days online
$370,000
Townhouse For Sale
Active
3
BEDS
4
TOTAL BATHS
1,452
SQFT
17726 King William Court 130 #130
Olney, MD 20832
Highlands of Olney Subdivision
New Listing - 2 days online
$375,000
Townhouse For Sale
Active
3
BEDS
3
TOTAL BATHS
1,435
SQFT
3510 Dartmoor Lane 27 #27
Olney, MD 20832
Brookeville Knolls Subdivision
New Listing - 2 weeks online
$375,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,672
SQFT
3727 Carrisa Lane
Olney, MD 20832
Olney Oaks Subdivision
New Listing - a week online
$399,900
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,067
SQFT
9 Holly View Court
Olney, MD 20832
Olney Mill Subdivision
New Listing - 2 weeks online
$475,000
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
1,540
SQFT
3116 Saint Florence Terrace
Olney, MD 20832
Hallowell Subdivision
Open House Sun, Jan 30, 7 PM UTC
Please verify times due to COVID-19
$525,000
Townhouse For Sale
Active
4
BEDS
3
TOTAL BATHS
2,082
SQFT
20 Castle Garden Court
Olney, MD 20832
Fair Hill Farm Subdivision
New Listing - 2 weeks online
$539,000
Single Family Home For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
2,378
SQFT
19509 Olney Mill Road
Olney, MD 20832
Olney Mill Subdivision
Open House Thu, Jan 27, 1 PM UTC
Please verify times due to COVID-19
$540,000
Single Family Home For Sale
Pending
4
BEDS
2
TOTAL BATHS
1,853
SQFT
18604 Hedgegrove Terrace
Olney, MD 20832
Olney Square Subdivision
$599,900
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,690
SQFT
19448 Olney Mill Road
Olney, MD 20832
Olney Mill Subdivision