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 - 4 weeks online
$209,900
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,022
SQFT
3216 Spartan Road 3-C-7 #3-C-7
Olney, MD 20832
CAMELBACK VILLAGE Subdivision
$225,000
Condo For Sale
Active
4
BED
2
TOTAL BATHS
1,252
SQFT
3204 Spartan Road 11b #11B
Olney, MD 20832
CAMELBACK VILLAGE Subdivision
Price Change - 7 hours ago
$225,000
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
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 - 4 weeks online
$260,000
Townhouse For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,136
SQFT
Norbeck Grove Co #17
18508 Stakeburg Place 17
Olney, MD 20832
New Listing - 4 days online
$299,900
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,470
SQFT
Homeland Vill Ol #30
18238 Rolling Meadow Way 30
Olney, MD 20832
$349,900
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,440
SQFT
3020 O Hara Place
Olney, MD 20832
FAIR HILL FARM Subdivision
New Listing - 4 days online
$350,000
Townhouse For Sale
Active
3
BED
2
TOTAL BATHS
1,610
SQFT
18017 Queen Elizabeth Drive
Olney, MD 20832
OLNEY OAKS Subdivision
Price Change - 4 weeks ago
$359,990
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
1,292
SQFT
Brookville Knoll #13
3527 Dartmoor Lane 13
Olney, MD 20832
$379,990
Townhouse For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
1,920
SQFT
3404 Homeland Terrace
Olney, MD 20832
HOMELAND VILLAGE Subdivision
$382,000
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
1,280
SQFT
18004 Sunset Lake Court
Olney, MD 20832
WILLIAMSBURG VILLAGE Subdivision
New Listing - 3 weeks online
$429,000
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
2,296
SQFT
18514 Shadowridge Terrace
Olney, MD 20832
JAMES CREEK Subdivision
Short Sale
$429,000
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 - a week online
$465,000
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
2,311
SQFT
4637 Ripley Manor Terrace
Olney, MD 20832
OAKLAND FARM Subdivision
New Listing - 4 weeks online
$480,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
3,024
SQFT
2105 Dumfries Terrace
Olney, MD 20832
LAKE HALLOWELL Subdivision
New Listing - 2 weeks online
$499,900
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,616
SQFT
17101 Thorntondale Court
Olney, MD 20832
HALLOWELL Subdivision
New Listing - 3 weeks online
$540,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
2,038
SQFT
4101 Sir Walter Road
Olney, MD 20832
WILLIAMSBURG VILLAGE Subdivision
New Listing - 4 days online
$550,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,548
SQFT
4200 Sir Walter Road
Olney, MD 20832
WILLIAMSBURG VIL Subdivision
$555,000
Single Family Home For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
2,335
SQFT
4232 Stafford Road
Olney, MD 20832
WILLIAMSBURG VILLAGE Subdivision
New Listing - 3 weeks online
$560,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
3,528
SQFT
4320 Leeds Hall Drive
Olney, MD 20832
OLNEY OAKS Subdivision