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
$200,000
Condo For Sale
Active
4
BED
2
TOTAL BATHS
1,252
SQFT
17801 Buehler Road 112 #112
Olney, MD 20832
CAMELBACK VILLAGE Subdivision
New Listing - 4 weeks online
$219,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
1,005
SQFT
Homeland Vill Ol #33
18229 Rolling Meadow Way 33
Olney, MD 20832
$220,000
Commercial For Sale
Active
MONTGOMERY-MD
COUNTY
3411 Olandwood Court 206 #206
Olney, MD 20832
 
$229,900
Commercial For Sale
Active
0.05
ACRES
MONTGOMERY-MD
COUNTY
Olney Prof Park #A
2927 Olney Laytonsville Road A
Olney, MD 20832
Short Sale
$230,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,240
SQFT
3369 Tidewater Court B-6 #B-6
Olney, MD 20832
OLNEY TOWNE Subdivision
New Listing - 2 weeks online
$246,900
Townhouse For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #602
18267 Leman Lake Drive 602
Olney, MD 20832
New Listing - 2 weeks online
$250,000
Townhouse For Sale
Active
3
BED
2
TOTAL BATHS
1,199
SQFT
Olney Crossing C #14
17427 Pipers Way 14
Olney, MD 20832
$252,500
Commercial For Sale
Active
MONTGOMERY-MD
COUNTY
Oland Profession #205
3411 Olandwood Court 205
Olney, MD 20832
Short Sale
$256,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,155
SQFT
Homeland Vill Ol #285
18004 Rolling Meadow Way 285
Olney, MD 20832
Price Change - a week ago
$335,000
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
1,452
SQFT
The Hglds Of Oln #27
17837 Lochness Circle 27
Olney, MD 20832
New Listing - 2 days online
$340,000
Townhouse For Sale
Active
3
BED
2
TOTAL BATHS
1,260
SQFT
Cherrywood Townh #4
17157 Moss Side Lane 4
Olney, MD 20832
$349,900
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
1,800
SQFT
The Hglds Of Oln #73
17707 Coatbridge Place 73
Olney, MD 20832
New Listing - yesterday
$364,999
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,188
SQFT
17519 Longview Lane
Olney, MD 20832
CASHELL MANOR Subdivision
Price Change - 2 days ago
$369,900
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,240
SQFT
51 Shadowridge Court
Olney, MD 20832
JAMES CREEK Subdivision
New Listing - 3 weeks online
$380,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
1,224
SQFT
3003 Paladin Terrace
Olney, MD 20832
FAIR HILL FARM Subdivision
Price Change - 2 weeks ago
$384,900
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
1,836
SQFT
18248 Fox Chase Circle
Olney, MD 20832
FAIR HILL FARM Subdivision
New Listing - 5 days online
$399,000
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
1,967
SQFT
2810 Thickett Way
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 - 2 weeks online
$429,900
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
1,540
SQFT
3200 St Florence Terrace
Olney, MD 20832
HALLOWELL Subdivision
New Listing - 3 weeks online
$450,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,600
SQFT
3700 Monitor Place
Olney, MD 20832
WILLIAMSBURG VILLAGE Subdivision