Olney

ARTICLES - Olney, Maryland real estate 

Found 5 blog entries about Olney.

Cherrywood neighborhood
2700+ sq ft home hitting the market next week.
Contact me for details.  Great opportunity to fully research before it hits the general public - internet.

Fully finished basement with recessed lighting, wall to wall carpet, and full bath.
Big deck
4 full bathrooms; 2 upstairs
4 bedrooms upstairs
2 car garage

13 houses sold in Cherrywood in 2016, 14 in 2015 and 16 in 2014.  As you can see, about 1 opportunity a month presents itself.

 

Below are homes currently for sale in Cherrywood



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New to the market

The below listings hit the 'for sale' market this past week.  Check back and you'll see these may change on a daily basis.  This list is updated every few hours.  Send me a note if you'd like to see all of the available Olney homes for sale. 

I can also get you details on any 'Coming Soon' inventory. 
These are homes that are due to officially hit the market & available to the general public, soon.  You won't find them on the internet.  It is through our mris database (MLS - multiple listing service) where I can pull this information.  This can be a big advantage for you to get a jump on a home, if you think it's a possibility.  Being first can be very important in securing a contract with the Seller.  I can reach out to the

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Olney condominiums

You probably don't think of Olney if you're looking in the market for a condo.  Depending on your price range, you're most likely looking in Rockville or Gaithersburg or Germantown...  Downtown Silver Spring and Bethesda if you must be close to D.C.

Let me tell you there are some real gems to be found in Olney.  What a great way to get your foot in the door so you are part of the Olney family.  Your kids can immediately make Olney friends through our schools and sports programs.  We have some of the best in the area.  Research Sherwood and Good Counsel for starters. Look no further than OBGC for sports.  The tackle football program is solid.  It's baseball program is absolutely one of the top in our area.  I can tell you first

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Olney neighborhood performances

According to above chart, we see price improvements from one year ago in at least four neighborhoods.
1.70%  Olney Mill
7.80%  Barnsley Manor Estates
12.6%  Hallowell
32.7%  Williamsburg Village

The others for the most part were flat... but Olney Square took a hit.
Let's dig into this
Olney Mill
32 single family detached homes sold in this 12 month period, through Oct 2016
27 homes closed between 400k to 500k
Only 5 of these sales were above $500,000.  509, 520, 525, 529, and 584.5
They were sold on average in 22 days, with three selling in 0 days.  Over HALF sold in 6 days or less!
A 1% seller subsidy was the average given to buyers.  Although HALF were sold with NO seller subsidy at all.

Barnsley Manor Estates
12 homes

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Trotter's Glen
new homes

Luxury home neighborhood under construction.  Several sites are complete, but Lots remain available. This was the Trotter's Glen golf course nestled back in the southern part of Olney.

Going north on Georgia Avenue, you'll make your first right after you cross over the ICC bridge, onto Batchellors Forest Road.

You'll first see the golf course and homes on your right, then more homes once you make a left onto Seabiscuit Drive. The starting price has been around 1.2 mil.  These homes are designed with about 4,000 - 6,000 square feet and are on large lots, ranging from 3/4 to 2 acres.  Underground utilities... thus no ugly utility poles! 
I have listed below many of the features that come with these Toll Brothers' homes.

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