Olney Home Sales Report March 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 March 2020 compared to last year at this time:

 -average sold price was $453,308 compared to last year's $473,200

- average days on market to sell a home went to 9 days from 16 days

- average sold price sellers were getting changed to 101.4% from 98.9%

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

Olney Homes Sold

Through March 2020 there were 11 single family homes, 11 townhouses and 1 condo sold.  There was 0 cash buyers (mostly investors) during the month of March.

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 March 2020, the average days on market was 9 compared to 16 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:

New Listing - yesterday
$235,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
996
SQFT
3216 Spartan Road 2-E-6 #2-E-6
Olney, MD 20832
CAMELBACK VILLAGE Subdivision
New Listing - 2 weeks online
$250,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #310
18238 Windsor Hill Drive 310
Olney, MD 20832
Price Change - 2 weeks ago
$256,600
Townhouse For Sale
Active
2
BED
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #805
18349 Leman Lake Drive 805
Olney, MD 20832
Short Sale
$256,900
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,155
SQFT
Homeland Vill Ol #285
18004 Rolling Meadow Way 285
Olney, MD 20832
New Listing - 21 hours online
$270,000
Townhouse For Sale
Active
2
BED
2
TOTAL BATHS
1,145
SQFT
Fair Hill Codm #201
18142 Windsor Hill Drive 201
Olney, MD 20832
New Listing - 3 weeks online
$364,900
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
1,292
SQFT
Brookville Knoll #13
3527 Dartmoor Lane 13
Olney, MD 20832
New Listing - 3 weeks online
$368,000
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,673
SQFT
17304 Sandy Knoll Drive
Olney, MD 20832
CASHELL MANOR Subdivision
$371,000
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,240
SQFT
51 Shadowridge Court
Olney, MD 20832
JAMES CREEK Subdivision
Short Sale
$410,000
Single Family Home For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
2,324
SQFT
3905 Gelding Lane
Olney, MD 20832
OLNEY SQUARE Subdivision
New Listing - 6 days online
$439,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
1,360
SQFT
18510 Clovercrest Circle
Olney, MD 20832
JAMES CREEK Subdivision
Price Change - 4 weeks ago
$449,900
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
2,468
SQFT
18816 Clover Hill Lane
Olney, MD 20832
OLNEY MILL Subdivision
Price Change - 3 weeks ago
$499,900
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
3,312
SQFT
4806 Waltonshire Circle
Olney, MD 20832
BARNSLEY MANOR ESTATES Subdivision
$520,000
Townhouse For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
3,312
SQFT
4843 Tothill Drive
Olney, MD 20832
BARNSLEY MANOR ESTATES Subdivision
$549,900
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
2,214
SQFT
17609 Georgia Avenue
Olney, MD 20832
THE HGLDS OF OLNEY Subdivision
Price Change - 3 weeks ago
$554,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
3,484
SQFT
4405 Clifton Spring Court
Olney, MD 20832
CASHELL MANOR Subdivision
New Listing - yesterday
$575,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,112
SQFT
18524 Queen Elizabeth Drive
Olney, MD 20832
OLNEY MILL Subdivision
New Listing - 6 days online
$580,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
1,798
SQFT
4232 Stafford Road
Olney, MD 20832
WILLIAMSBURG VILLAGE Subdivision
New Listing - a week online
$597,500
Single Family Home For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
3,120
SQFT
17408 Macduff Avenue
Olney, MD 20832
CASHELL MANOR Subdivision
$629,000
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
4,049
SQFT
4232 Cherry Valley Drive
Olney, MD 20832
CHERRYWOOD Subdivision
New Listing - 4 weeks online
$655,000
Single Family Home For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
2,356
SQFT
17411 Kirstin Court
Olney, MD 20832
HALLOWELL Subdivision