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
$244,500
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,137
SQFT
Fair Hill Codm #204A
18154 Windsor Hill Drive 204a
Olney, MD 20832
Price Change - yesterday
$249,900
Condo For Sale
Active
1
BED
1
TOTAL BATH
2,010
SQFT
Homeland Vill Ol #191
18128 Rolling Meadow Way 191
Olney, MD 20832
New Listing - a week online
$259,900
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #704
18317 Leman Lake Drive 704
Olney, MD 20832
New Listing - yesterday
$260,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #604
18259 Leman Lake Drive 604
Olney, MD 20832
$265,000
Townhouse For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,137
SQFT
Fair Hill Codm #102A
18104 Windsor Hill Drive 102a
Olney, MD 20832
$268,900
Townhouse For Sale
Active
2
BEDS
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #303
18208 Windsor Hill Drive 303
Olney, MD 20832
Price Change - 3 weeks ago
$280,000
Townhouse For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,233
SQFT
Homeland Vill Ol #278
18024 Rolling Meadow Way 278
Olney, MD 20832
New Listing - 3 weeks online
$285,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,233
SQFT
Homeland Vill Ol #259
18054 Rolling Meadow Way 259
Olney, MD 20832
$287,900
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,940
SQFT
3347 Tidewater Court
Olney, MD 20832
Olney Towne Subdivision
New Listing - 3 weeks online
$299,999
Townhouse For Sale
Active
2
BEDS
2
TOTAL BATHS
1,040
SQFT
3014 Ohara Place
Olney, MD 20832
Fair Hill Farm Subdivision
$319,000
Condo For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,470
SQFT
Homeland Vill Ol #213
18223 Rolling Meadow Way 213
Olney, MD 20832
$360,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,060
SQFT
18033 Wagonwheel Court
Olney, MD 20832
Olney Oaks Subdivision
New Listing - 4 weeks online
$365,000
Townhouse For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,060
SQFT
18006 Wagonwheel Court
Olney, MD 20832
Olney Oaks Subdivision
Open House Sun, Aug 1, 6 PM UTC
Please verify times due to COVID-19
$365,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,160
SQFT
3422 Queensborough Drive
Olney, MD 20832
Hallowell Subdivision
New Listing - a week online
$399,900
Townhouse For Sale
Active
3
BEDS
4
TOTAL BATHS
1,760
SQFT
4513 Jenner Court
Olney, MD 20832
Cashell Manor Subdivision
Short Sale
$399,950
Townhouse For Sale
Active Under Contract
3
BEDS
4
TOTAL BATHS
1,501
SQFT
18501 Clovercrest Circle
Olney, MD 20832
James Creek Subdivision
Price Change - 2 weeks ago
$409,000
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,280
SQFT
16812 Centerfield Way
Olney, MD 20832
Brooke Manor Farms Subdivision
New Listing - yesterday
$409,900
Townhouse For Sale
Active
2
BEDS
4
TOTAL BATHS
1,774
SQFT
18254 Paladin Drive
Olney, MD 20832
Fair Hill Farm Subdivision
$439,000
Townhouse For Sale
Pending
2
BEDS
3
TOTAL BATHS
1,440
SQFT
18624 Clovercrest Circle
Olney, MD 20832
James Creek Subdivision