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I just transferred my license to EOP Real Estate, LLC.
I got my license 2 years ago and affiliated with the Long & Foster office in Olney, MD. I was very impressed with the dynamic manager and immediately felt at home there. Over these 2 years the office has seen many changes, some for the better, others not. I have developed very special relationships with the other agents and I have learned a lot from them. I am confident that these friendships and relationships will endure even though several of us have changed companies.
I have since moved (personally) from Olney and it was becoming increasingly inconvenient to use the office resources. It was obvious that a change might be necessary. I struggled with the choice of just transferring to another Long & Foster office close to my home or starting fresh with a new company.
My decision to change affiliations was not an easy one. I am someone who is not good with change and I like to stay where I am comfortable. However, I could not let fear hold me back from taking a chance that I think will be beneficial for my business.
After reading blogs by Dianne Aurit about starting a brokerage and talking to Stewart Penn about the benefits of being independent, I feel I need to give the independence (at least semi-independence) a try. I am grateful to both of them for taking the time to provide me with important information. I talked to my current and past clients and everyone indicated that they would work with me regardless of my affiliation. All were supportive of my choice.
I decided on EOP because the broker is very dynamic and seems to have a good balance between allowing me my independence but still being available when I need him. In addition, EOP Real Estate's focus on community service aligns well with my only value of giving back.
I am excited about this change and I am looking forward to seeing where this decision takes me professionally.
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OLNEY, MARYLAND 20832 - REAL ESTATE TREND INDICATOR
If you are thinking about buying or selling a home in zip code 20832, you should take a close look at the following report that compares the statistics for the past month with the same month last year. During the month, there were 81 active listings of homes for sale in Olney. There were 31 new listings in the area and 27 properties went to pending new contracts. There were 23 settlements as compared to 17 homes sold last year. The total sold dollar volume was up 12.82%. The median sales price was $425,000. The average sales price was 97.15% of the average list price. The average days on the market was 32 as compared to 143 days last year. It is still a soft market which favors buyers. Many buyers are using FHA financing to take advantage of the low 3.5% minimum cash requirement. The FHA Streamlined 203(k) program allows borrowers to include the cost of home improvements up to $35,000 in the mortgage amount.
There are 58 homes for sale in Zip Code 20832. Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-94789469-838
FHA loan limits for Montgomery County: $729,750. Limit for FHA reverse mortgages: $625,000
Metropolitan Regional Information Systems, Inc. ZIP Code Statistics - <$100K to >$5M Format
ZIP Code: 20832 Olney, MD
From: 10/01/2009 to 10/31/2009 Statistics generated on: 11/09/2009
| Residential Unit Sales Number of Bedrooms |
Active Listings | Time on Market | ||||||||
| Price Class | 2 Or Less |
3 |
4 or More |
Condo Coop |
Ground Rent |
Residential |
Condo Coop |
Ground Rent |
of Units Sold (No. of Units) |
|
| Under $100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 -30 Days | 15 |
| $100,000 - 149,999 | 0 | 0 | 0 | 1 | 0 | 0 | 4 | 0 | 31-60 Days | 4 |
| $150,000 - 199,999 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 61 - 90 Days | 2 |
| $200,000 - 249,999 | 1 | 1 | 0 | 1 | 0 | 3 | 7 | 0 | 91-120 Days | 1 |
| $250,000 - 299,999 | 0 | 0 | 1 | 1 | 0 | 7 | 3 | 0 | Over 120 Days | 1 |
| $300,000 - 349,999 | 0 | 2 | 0 | 0 | 0 | 2 | 0 | 0 | Total | 23 |
| $350,000 - 399,999 | 0 | 2 | 0 | 0 | 0 | 8 | 0 | 0 | ||
| $400,000 - 449,999 | 0 | 1 | 2 | 0 | 0 | 14 | 0 | 0 | Type of Financing of Units Sold (No. of Units) |
|
| $450,000 - 499,999 | 0 | 0 | 1 | 0 | 0 | 6 | 0 | 0 | ||
| $500,000 - 599,999 | 0 | 0 | 7 | 0 | 0 | 5 | 0 | 0 | Conventional | 10 |
| $600,000 - 699,999 | 0 | 0 | 0 | 0 | 0 | 8 | 0 | 0 | FHA | 10 |
| $700,000 - 799,999 | 0 | 0 | 1 | 0 | 0 | 4 | 0 | 0 | VA | 1 |
| $800,000 - 899,999 | 0 | 0 | 1 | 0 | 0 | 3 | 0 | 0 | Assumption | 0 |
| $900,000 - 999,999 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | Cash | 2 |
| $1,000,000 - 2,499,999 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 | Owner Finance | 0 |
| $2,500,000 - 4,999,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | All Other | 0 |
| $5,000,000 & Over | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unreported | 0 |
| Totals | 1 | 6 | 13 | 3 | 0 | 66 | 15 | 0 | Total | 23 |
| Grand Totals | 23 | 81 |
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Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.
Please contact us with your questions on the residential real estate market.
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Olney Maryland 20832 - Homes Sold in October 2009 - Market Report

Olney Maryland Settlements - October 2009
These statistics give you a summary of single family homes that have sold in the month of October 2009 in Olney Maryland 20832.
| Address | Subdivision | List Price | Close Price | Subsidy | Close Date | Style | BR | Full BA | 1/2 BA | Gar | Ac |
| 4417 THORNHURST DR | BRIARS ACRES | $429,900 | $425,000 | $12,000 | 9-Oct-09 | Split Level | 4 | 2 | 1 | 2 | 0.272 |
| 17822 BUEHLER RD #3-A-2 | CAMELBACK VILLAGE | $125,000 | $107,000 | $5,000 | 30-Oct-09 | Colonial | 1 | 1 | 0 | ||
| 17220 EVANGELINE LN | CHERRYWOOD | $585,000 | $585,000 | $10,000 | 20-Oct-09 | Colonial | 4 | 3 | 1 | 2 | 0.253 |
| 17420 EVANGELINE LN | CHERRYWOOD | $579,900 | $565,000 | $ | 22-Oct-09 | Colonial | 4 | 2 | 1 | 2 | 0.322 |
| 16911 CONTINENTAL CT | CHERRYWOOD | $529,000 | $527,000 | $3,000 | 29-Oct-09 | Colonial | 4 | 3 | 1 | 1 | 0.321 |
| 4216 CHERRY VALLEY DR | CHERRYWOOD | $595,000 | $552,000 | $14,500 | 30-Oct-09 | Colonial | 5 | 3 | 1 | 2 | 0.323 |
| 18302 FOUNTAIN GROVE WAY | JAMES CREEK | $575,000 | $570,000 | $5,000 | 28-Oct-09 | Colonial | 4 | 3 | 1 | 2 | 0.184 |
| 3824 MOUNT OLNEY LN | OLNEY MILL | $451,500 | $461,000 | $20,000 | 13-Oct-09 | Colonial | 4 | 3 | 2 | 2 | 0.361 |
| 3609 DELLABROOKE ST | OLNEY MILL | $524,500 | $519,500 | $ | 30-Oct-09 | Colonial | 4 | 3 | 1 | 2 | 0.344 |
| 18606 BRANSFORD PL | $760,700 | $760,700 | $ | 29-Oct-09 | Colonial | 4 | 3 | 1 | 2 | 0.661 | |
| WOODGATE | $884,900 | $884,900 | $ | 12-Oct-09 | Colonial | 4 | 3 | 1 | |||
| 17404 RIO DULCE CT | WILLIAMSBURG VILL | $599,000 | $575,000 | $ | 5-Oct-09 | Colonial | 4 | 3 | 1 | 2 | 0.347 |
| 18036 ROCKY RIDGE LN | WILLIAMSBURG VILL | $499,900 | $449,000 | $9,000 |
16-Oct-09 |
Colonial | 4 | 2 | 2 | 1 | 0.133 |
Below is a comparison of single family home statistics for Olney Maryland 20832 in 2009 vs. 2008.
| 2009 | 2008 | % Change | |
| Total Units Sold | 23 | 17 | 35.29% |
| Average Days on Market | 32 | 143 | -77.62% |
| Average List Price for Solds | $448,280 | $597,190 | -24.94% |
| Average Sale Price as a | |||
| Percentage of Avg List Price | 97.15% | 87.45% | |
| Total New Listings | 31 | ||
| Total Under Contract | 27 |

Contact Barbara Michaluk, Realtor for more information about homes for sale in Olney Maryland and surrounding areas.
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This month our feature area is Olney, Maryland. Olney, Maryland is located about 20 miles north of Washington, DC. It remains one of the nicest neighborhoods in Montgomery County. Oh, Takoma Park residents can lay claim to being the most eclectic, but those that live and visit Olney know that "like a good neighbor, Olney is there".

There really isn't a "town center" in the Olney area. Various shopping centers located in and around the intersection of Georgia Avenue and Olney-Sandy Spring Road ( that is 97 & 108 to the locals) try to lay claim to being the focal point, but those that live and love the area know that it is spread out just a bit.
One of the true delights about this community is the diverse attractions that are nestled in spots very close to the main road cross section. It is a community made up of neighborhoods that loosely surround that Georgia Avenue and Olney-Sandy Spring intersection.
If you travel west on Route 108, past the shops and post office you will discover the playing fields of the Olney Boys and Girls Club. These fields are filled with children competing at different levels every season. In the fall, you can enjoy the delights of the "field of screams" (an annual fund raising and hair raising event that is open to the public).

Seasonal Family Fun
A trip north of the crossroads will take you to the Inn at Brookeville Farms. The Inn at Brookeville Farms is an excellent choice for an enchanting night out, a special occasion, or just a fun evening with family and friends. The restaurant menu features classic American cuisine with a variety of choices including the finest beef, fresh seafood, and succulent lamb along with local and regional specialties. An extensive wine list encompasses choices from the great vineyards in France to the best wines from California as well as selections from Australia to South Africa.

The ambiance of yesterday
The Inn at Brookeville Farms
Travelling east from the intersection of Georgia and 108 will lead you to the Olney Theatre Center. The Olney Theatre Center, once a home of "summer stock" has become a year round source of wonderful live productions. The Olney Theatre Center enjoys a rich tradition of over 60 years. The theater's founder, Steve Cochran, dreamed originally of opening a straw-hat theater in a relaxing country setting accessible to both Washington and Baltimore. On July 25, 1938, the theater opened its doors for the first time with a production of Ladislaus Bus-Fekete's "The Lady Has a Heart," which starred Elissa Landi of "movie fame." Early playbills dubbed the playhouse "The South's First Professional Summer Theatre" and over the years, some of the biggest names in theater and film.

Olney Theatre Center
Heading south from the intersection of Georgia Avenue and 108 will lead you to the Olney Golf Park. Golf enthusiast have found this facility one of the finest in the DC metro area. It is a fact that the staff will make sure that you have all the tools necessary to get in that important practice before your next round. They also have a fully stocked pro shop. The main reason this stop is high lighted has to do with their commitment to our troops. They run a program for disabled veterans and all of the pro's donate their time to offering those that have served instruction and encouragement. Their focus on giving back exemplifies the nature of community spirit that exists in every corner of this community.

Olney Golf Park
There are so many features of this community that they can not all be mentioned here. Local's know the delight of walking in to a local tavern or pub and having everyone know your name. Sherwood High School is supported by the community and fall friday evenings see the team play before a packed house. The local hospital has a summer event which is always a fun day.
If you are looking for a place to hang your hat, raise your family or retire comfortably, you really should take a look at this jewel, just 20 miles north of our Nation's Capital.
If you would like to know more about Olney, MD or any of the surrounding neighborhoods, give me a call at 301-509-5111. As always, you can search for properties by clicking ... here.
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Homes for sale in Olney, Maryland 20832 - Single Family Detached Homes

Olney, MD is one of the most desirable communities in Montgomery County, Maryland. There are approximately 8,000 homes in Olney. The zip code for Olney, MD is 20832.
Money Magazine voted in 2007 Olney, Marylandas #17 out of the top 100 places to living in the country. You'll find great schools, live theater, every type of shopping and other services including public library, several banks, hospital, drug stores, grocery stores, pet store, toy store, bakery, restaurants, public parks and lots more.
Here is the current list of single family detached homes for sale in Olney, MD.
| Address | Price | Bedrooms | Full Baths | Half Baths | Levels | Fireplace | Garage | Bsmt | Acres | Age | Subdivision | Style |
| 18519 Bowie Mill Rd | $375,000 | 4 | 3 | 0 | 2 | 2 | 1 | Yes | 0.422 | 38 | OLNEY SQUARE | Rambler |
| 18912 Rolling Acres Way | $399,000 | 4 | 2 | 0 | 2 | 1 | 0 | Yes | 0.236 | 35 | OLNEY MILL | Split Foyer |
| 4028 Mount Olney Ln | $429,000 | 4 | 2 | 1 | 2 | 1 | 0 | Yes | 0.361 | 38 | OLNEY MILL | Split Foyer |
| 3500 Singers Glen Dr | $429,000 | 4 | 2 | 1 | 3 | 0 | 1 | Yes | 0.271 | 26 | WILLIAMSBURG VILLA | Split Level |
| 17248 Sandy Knoll Dr | $447,000 | 5 | 3 | 1 | 2 | 1 | 2 | Yes | 0.41 | 28 | CASHELL MANOR | Colonial |
| 19404 Charline Manor Rd | $450,000 | 4 | 2 | 1 | 2 | 2 | 2 | Yes | 0.416 | 38 | OLNEY MILL | Split Foyer |
| 3430 High St | $450,000 | 4 | 2 | 0 | 2 | 1 | 0 | No | 0.344 | 66 | PT OLNEY OUT RES 2 | Cape Cod |
| 18620 Rolling Acres Way | $479,000 | 3 | 2 | 1 | 3 | 1 | 2 | Yes | 0.346 | 35 | OLNEY MILL | Colonial |
| 17904 Danube Ln | $515,000 | 5 | 3 | 1 | 3 | 1 | 2 | Yes | 0.286 | 22 | OLNEY OAKS | Colonial |
| 3224 Llewellyn Field Rd | $529,000 | 6 | 3 | 1 | 3 | 1 | 1 | Yes | 0.273 | 36 | BROOKVILLE KNOLLS | Colonial |
| 17540 Queen Elizabeth Dr | $540,000 | 6 | 3 | 1 | 4 | 1 | 0 | Yes | 0.418 | 41 | WILLIAMSBURG VILLA | Split Level |
| 18145 Darnell Dr | $545,000 | 4 | 3 | 1 | 3 | 1 | 2 | Yes | 0.23 | 22 | OLNEY OAKS | Colonial |
| 4236 Cherry Valley Dr | $569,986 | 4 | 2 | 2 | 3 | 1 | 2 | Yes | 0.304 | 23 | CHERRYWOOD | Colonial |
| 4008 Morningwood Dr | $599,900 | 5 | 2 | 1 | 3 | 1 | 2 | Yes | 0.459 | 21 | WILLIAMSBURG VILLA | Colonial |
| 5038 Tothill Dr | $625,000 | 4 | 4 | 1 | 3 | 1 | 2 | Yes | 0.408 | 9 | BARNSLEY MANOR EST | Colonial |
| 4109 Queen Mary Dr | $649,777 | 5 | 4 | 1 | 3 | 1 | 1 | Yes | 0.553 | 42 | WILLIAMSBURG VILLA | Colonial |
| 1501 Gold Mine Rd | $649,900 | 2 | 2 | 1 | 3 | 2 | 3 | Yes | 4.35 | 10 | BROOKE GROVE | Contemp |
| 18505 Hawkstone Ct | $684,800 | 4 | 2 | 1 | 3 | 0 | 2 | Yes | 0.432 | -1 | THE RESERVE AT FAI | Colonial |
| 4710 Broom Dr | $690,000 | 4 | 3 | 1 | 3 | 1 | 2 | Yes | 0.224 | 9 | BARNSLEY MANOR EST | Colonial |
| 18507 Hawkstone Ct | $698,300 | 5 | 3 | 1 | 3 | 1 | 2 | Yes | 0.43 | -1 | THE RESERVE AT FAI | Colonial |
| 18617 Woodgate Pl | $754,800 | 5 | 4 | 0 | 3 | 0 | 2 | Yes | 0.347 | -1 | THE RESERVE AT FAI | Colonial |
| 18265 Wickham Rd | $769,900 | 6 | 4 | 1 | 4 | 2 | 2 | Yes | 0.302 | 9 | BARNSLEY MANOR EST | Colonial |
| 18628 Wickham Rd | $786,000 | 4 | 4 | 1 | 3 | 2 | 2 | Yes | 1.078 | 0 | THE RESERVE AT FAI | Colonial |
| 18400 Forest Crossing Ct | $829,900 | 4 | 3 | 1 | 3 | 1 | 2 | Yes | 0.292 | 0 | JAMES CREEK | Colonial |
| 2435 Westminster Dr | $1,075,000 | 4 | 3 | 1 | 3 | 2 | 3 | Yes | 2.12 | 22 | ANSCROFT | Colonial |
| 2423 Westminster Dr | $1,399,000 | 5 | 4 | 1 | 4 | 1 | 3 | Yes | 1.776 | 4 | ANSCROFT | Colonial |
| 11 Shallow Brook Ct | $1,500,000 | 5 | 4 | 0 | 3 | 4 | 2 | Yes | 2.326 | 83 | OLNEY OAKS |
Colonial |
Contact Barbara Michaluk, Realtor for more information about any home for sale in Olney, Maryland or for a private tour.
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