Olney Market Update

z-olney-mdLike many parts of Montgomery County, the market for homes priced under $600,000 is smoking hot in the Olney area.  For entry level buyers, townhomes make up most sales below $400,000.  Homes priced $300,000 to $700,000 make-up practically all single family home sales.  Demand for properties over $700,000 drops off considerably.

2009-06-market-olney-md
These stats show inventory in late June 2009 and the number of contracts for the previous six months.
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Do you have questions about the real estate market in and around Olney? Call us at 301-527-9079 or send an email for more info about buying, selling and living in this great part of Montgomery County, Maryland. homes-for-sale-in-montgomery-county contact-the-lemieux-team

Posted by Bruce Lemieux

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    [...] Olney – Homes Priced $300,000 to $400,000 [...]

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The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.

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