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:

$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
New Listing - 4 weeks online
$238,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,169
SQFT
Olney Crossing C #2
17403 Pipers Way 2
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 - 4 weeks online
$259,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,032
SQFT
Fair Hill Codm #307
18224 Windsor Hill Drive 307
Olney, MD 20832
Short Sale
$320,000
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,280
SQFT
The Hglds Of Oln #18
17733 Buehler Road 18
Olney, MD 20832
New Listing - 2 weeks online
$369,000
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,532
SQFT
3728 Carrisa Lane
Olney, MD 20832
OLNEY OAKS Subdivision
$385,500
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
1,224
SQFT
18224 Fox Chase Circle
Olney, MD 20832
FAIR HILL FARM 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
Short Sale
$580,000
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
3,833
SQFT
17215 Sandy Knoll Drive
Olney, MD 20832
CASHELL MANOR Subdivision
$619,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
2,915
SQFT
3333 Ashmore Court
Olney, MD 20832
HALLOWELL Subdivision
Open House Sun, Jan 24, 12 PM UTC
Please verify times due to COVID-19
$629,900
Single Family Home For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
2,772
SQFT
18533 Meadowland Terrace
Olney, MD 20832
JAMES CREEK Subdivision
New Listing - 2 weeks online
$635,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,586
SQFT
3409 Megans Way
Olney, MD 20832
HALLOWELL Subdivision
New Listing - 6 days online
$664,900
Single Family Home For Sale
Active Under Contract
5
BED
5
TOTAL BATHS
3,880
SQFT
18508 Hedgegrove Terrace
Olney, MD 20832
OLNEY SQUARE Subdivision
Open House Sat, Jan 23, 1 PM UTC
Please verify times due to COVID-19
$975,000
Single Family Home For Sale
Active
6
BED
5
TOTAL BATHS
6,360
SQFT
18506 Hawkstone Court
Olney, MD 20832
RESERVE AT FAIR HILL Subdivision