Today’s View – February 9, 2012 Olney, Md. – Townhouses

This is a market report for Townhosues in Olney, Md. Not included in this report are those new homes under construction.. At the time of this report (02/09/2012) there are 15 such homes on the market FOR SALE, 11 under contract, and another 3 that have sold in the last 30 days.

Two Bedrooms

There are two two-bedroom townhouses in Olney for sale at the time of this report. These homes range in price from a low of $159,000 to $275,000, with the average being $217,000. The days on market for these homes ranges from just over a week (6 days) to over two months (70 days), with the average being slightly over a month (38 days).

There is one two-bedroom townhouses in this market place that is under some form of contract. The last known list price of this home is $139,000 and it was on the market for nearly four months (117 days). No two-bedroom townhouse has successfully completed the sale process in Olney during the last 30 days.

Three Bedrooms

There are 13 three-bedroom townhouses in Olney for sale. These homes range in price from a low of $199,000 to $375,000, with the average being $276,085. The days on market for these homes ranges from nearly two weeks (10 days) to over 15 months (453 days) with the average being five months (155 days).

There are nine three-bedroom townhouses in the report area that are under some form of contract. The last known list price of these homes ranged from $220,000 to $399,500, with the average being $285,022. The days on market for these homes ranges from a week (7 days) to over five months (162 days) with the average being under two months (51 days).

In the last 30 days three three-bedroom townhouses in Olney have successfully completed the sales process. The closing price of these homes ranged from $290,000 to $336,000, with the average being $315,333. The days on market for these homes ranged from over a month (44 days) to approaching four months (110 days) with the average being approaching three months (80 days).

Four Bedrooms

While there are no four-bedroom townhouses on the market for sale in Olney at the time of this report, there is one under contract. The home was last listed at $220,000 and was on the market for three months (91 days). In the last 30 days no four-bedroom townhouse has successfully completed the sales in Olney.

If you have any questions about this report, please call me or send me an email. I look forward to helping you.