Olney Home Sales Report February 2020

Montgomery County Real Estate

Improve Your Real Estate IQ, Get our Newsletter for Buyers & Sellers Send It To Me!

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:

$225,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
996
SQFT
3216 Spartan Road 2-E-6 #2-E-6
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
$239,900
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
996
SQFT
Address Withheld
Olney, MD 20832
Camelback Village Subdivision
$255,900
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #307
18224 Windsor Hill Drive 307
Olney, MD 20832
New Listing - 2 weeks online
$269,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,145
SQFT
Fair Hill Codm #410
18296 Windsor Hill Drive 410
Olney, MD 20832
$289,900
Townhouse For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,040
SQFT
3056 Ohara Place
Olney, MD 20832
Fair Hill Farm Subdivision
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
$364,000
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,760
SQFT
17601 Longview Lane
Olney, MD 20832
Cashell Manor Subdivision
New Listing - 3 weeks online
$371,950
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,760
SQFT
17506 Longview Lane
Olney, MD 20832
Cashell Manor Subdivision
$384,900
Townhouse For Sale
Active Under Contract
3
BEDS
4
TOTAL BATHS
1,836
SQFT
18236 Paladin Drive
Olney, MD 20832
Fair Hill Farm Subdivision
$385,500
Townhouse For Sale
Pending
4
BEDS
4
TOTAL BATHS
1,224
SQFT
18224 Fox Chase Circle
Olney, MD 20832
Fair Hill Farm Subdivision
$400,000
Townhouse For Sale
Pending
4
BEDS
4
TOTAL BATHS
1,280
SQFT
18002 Sunset River Court
Olney, MD 20832
Williamsburg Village Subdivision
New Listing - 2 weeks online
$415,000
Townhouse For Sale
Active Under Contract
3
BEDS
4
TOTAL BATHS
1,328
SQFT
3526 Softwood Terrace
Olney, MD 20832
Williamsburg Village Subdivision
New Listing - 4 weeks online
$415,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,442
SQFT
3210 St Augustine Court
Olney, MD 20832
Hallowell Subdivision
New Listing - 2 weeks online
$420,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,168
SQFT
4245 Bar Harbor Place
Olney, MD 20832
Cherrywood Subdivision
Short Sale
$429,000
Single Family Home For Sale
Pending
3
BEDS
4
TOTAL BATHS
2,324
SQFT
3905 Gelding Lane
Olney, MD 20832
Olney Square Subdivision
New Listing - a week online
$440,000
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
2,240
SQFT
3204 Saint Augustine Court
Olney, MD 20832
Hallowell Subdivision
New Listing - 3 weeks online
$440,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,178
SQFT
17844 Shotley Bridge Place
Olney, MD 20832
Lake Hallowell Subdivision
New Listing - a week online
$450,000
Townhouse For Sale
Pending
4
BEDS
4
TOTAL BATHS
2,280
SQFT
18600 Shadowridge Terrace
Olney, MD 20832
James Creek Subdivision
New Listing - 3 weeks online
$469,500
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
1,876
SQFT
17929 Dumfries Circle
Olney, MD 20832
Lake Hallowell Subdivision