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Olney, MD

Olney, MD ... one of Maryland's best kept secrets . . . revealed

John MacArthur: Real Estate Agent in Olney, MD

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".

goodolneysign

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).

fieldofscreams

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.

brookevilleinn

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.

olneytheatre

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.

olneygolfpark

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.

Homes for sale in Olney, Maryland 20832 - Single Family Detached Homes

Barbara Michaluk Realtor in Maryland: Real Estate Agent in Leisure World, MD

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.

Olney Area Supply and Demand Chart October 2009

Joe Buffington, GRI, CDPE: Real Estate Brokerage in Olney, MD

Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for October 2009. The Red lines are the active homes, blue under contract, and green are sold. The absorption rate is determined by the number of homes on the market and the number of homes selling that month.

October of 2009 was another improving month over this last year and 2 years ago. Are we out of the woods? Not yet. Experts predict that there are still more foreclosures and short sales until 2012. However that doesn't necessarily mean that we will see a decline in property values across the board. The best advice is to get professional advice. RE/MAX Realty Centre has some of the industries finest agents.

Our office has added several CDPEs. These are Certified Distressed Property Experts. They are great agents who can help their clients navigate short sales and foreclosures.

Absorption Rates:

October 2009 16% absorption rate

October 2008 11% absorption rate

October 2007 9% absorption rate

OLNEY, MARYLAND RESIDENTIAL MARKET - MONTGOMERY COUNTY

10-28-09
Roy Kelley
Roy Kelley: Real Estate Agent in Gaithersburg, MD

OLNEY, MARYLAND RESIDENTIAL MARKET - MONTGOMERY COUNTY

Home owners and prospective home owners are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale.

The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers.

The first report shows the 34 active listings excluding the lender owned (REO) homes and the short sale listings. Click the following URL to see the listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-93143271-561

The second report shows the 12 short sale listings that are available. Short sales are transactions where the proceeds of the sale will not cover the outstanding mortgages. These are sometimes called pre-foreclosures. Click the following URL to see the listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-93143297-591

The third report shows the 1 lender owned foreclosure (REO) property for sale. The lender owned properties are vacant and prices are reduced until they are sold by the highly motivated sellers. Click the following URL to see the listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-93143306-528

Please contact us with your questions. We always appreciate your referrals.

If you have prospective first time home buyers among your family and friends, please tell them that time is running out for the opportunity to receive the currently available $8,000 tax credit. Settlement must take place by 11/30/09. This cash incentive is too good to miss by those that have not owned a home during the past three years.

OLNEY, MARYLAND RESIDENTIAL REAL ESTATE MARKET - MONTGOMERY COUNTY

10-21-09
Roy Kelley
Roy Kelley: Real Estate Agent in Gaithersburg, MD

OLNEY, MARYLAND RESIDENTIAL REAL ESTATE MARKET - MONTGOMERY COUNTY

Home owners and prospective home owners are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale.

The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers.

The first report shows the 41 active listings excluding the lender owned (REO) homes and the short sale listings. Click the following URL to see the listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-92526982-938

The second report shows the 12 short sale listings that are available. Short sales are transactions where the proceeds of the sale will not cover the outstanding mortgages. These are sometimes called pre-foreclosures. Click the following URL to see the listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-92527025-773

The third report shows the 1 lender owned foreclosure (REO) property for sale. The lender owned properties are vacant and prices are reduced until they are sold by the highly motivated sellers. Click the following URL to see the listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-92527053-606

Please contact us with your questions. We always appreciate your referrals.

If you have prospective first time home buyers among your family and friends, please tell them that time is running out for the opportunity to receive the currently available $8,000 tax credit. Settlement must take place by 11/30/09. This cash incentive is too good to miss by those that have not owned a home during the past three years.