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    Olney, MD Real Estate Market Analysis for Buyers and Sellers of Olney Homes

    Olney, MD Real Estate Market Analysis for Buyers and Sellers of Olney Homes

    Olney, MD home sales are strong.  Period.  Anyone who tells you different isn’t looking at the facts.  Facts you say?  Facts!  Here’s is the Olney, MD real estate market analysis for buyers and sellers of Olney homes for the period of June 1, 2010, through June 30, 2010 (versus the same time period in 2009).

     

    2010 2009 % Change
    Total Sold Dollar Volume: $18,649,759 $ 11,934,755 56.26 %
    Average Sold Price: $ 405,430 $ 397,825 1.91 %
    Median Sold Price: $ 412,450 $ 415,000 – 0.61 %
    Total Units Sold: 46 30 53.33 %
    Average Days on Market: 45 30 50.00 %
    Average List Price for Solds: $ 426,109 $ 419,138 1.66 %
    Avg Sale Price as a
    percentage of Avg List Price:
    95.15 % 94.92 %

     

    What are the highlights?

    • Volume, both dollar and unit volume have increased >50% YOY
    • Selling price has remained stable even though days on market has increased by 50%
    • List price versus sale price has remained flat

    The market remains strong according to my Olney, MD real estate market analysis for buyers and sellers of Olney homes.

    Questions or comments?  Let me know because I specialize in homes for sale or rent in Maryland, and work out of Oatland Farm in Olney, MD.

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