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: