- average sold price was $432,268 compared to last year's $429,666
- average days on market to sell a home went to 50 days from 48 days
- average sold price sellers were getting changed from 97.3% to 97.0%
Olney market activity is summarized in the following chart (mouse over for details):
Through July 2016 there were 108 single family homes, 67 townhouses and 46 condos sold. The chart below shows average home price in Olney by type.
The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 19 cash buyers (often investors) 8.5% of the 221 buyers so far in 2016. You can see more details in our Olney Property Values Report.
So far in 2016, the average days on market was 50 compared to 48 days 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 301-910-9910301-910-9910 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: