Home Sales On the Rise in Olney Real Estate Market

The Olney market got positive news in this week's report, as the number of home sales shot up 26.7%, pushing the total to 38 homes sold over the last 30 days. Within the same time frame, Rockville had 61 sales, the most of all cities in the area. The median sales price rose to $419,500 over the latest reporting period for Olney, up from $417,350. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Olney is a solid seller's market.

Being aware of new listings is a great exercise in finding the right home so take a look at these in Olney:

$654K   $444K   $273K  

Get started right now by checking out Olney homes for sale or reviewing Olney real estate trends.

Demographic facts for Olney:

  • There are 2.3% vacant homes here.
  • The area gets 199 sunny days a year. (U.S. average: 205)
  • For every librarian there are 340 students in this area. (803 = national average)

Data reported through 10/12/2016

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