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Olney, MD Real Estate News

By Peggy Lyn Speicher, Co-Founder & REALTOR®
(The Speicher Group)
To celebrate Independence Day, Peggy Lyn Speicher and The Speicher Team are continuing the proud tradition of placing almost 400 American Flags in Oatland Farm. In 1997, Peggy Lyn started placing American Flags in the neighborhood that she called home at the time. For the past several years, they have been proud to place (and call home) American Flags in Oatland Farm. Peggy Lyn’s husband, Chris, who is also on The Speicher Team, comes from a military family. His paternal grandfather, Harry S. Etter, M.D, Rear Admiral, U.S. Navy (Retired), was commanding officer of Bethesda Naval Hospital, was the second senior officer in the Navy Medical Department, and at the time of his retirement was head of the Bureau of Medicine and Surgery. In addition, he has several extended family members who s...
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By Peggy Lyn Speicher, Co-Founder & REALTOR®
(The Speicher Group)
Houses for Sale in Olney, Maryland Less than or equal to $199,999 $200,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 to $599,999 $600,000 to $699,999 $700,000 to $799,999 $800,000 to $899,999 $900,000 to $999,999 More than or equal to $1,000,000 Feel free to bookmark this page: Houses for Sale in Olney, Maryland The website updates every 15 minutes with the most recent information from Metropolitan Regional Information Systems (MRIS).
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Olney Manor Skate Park in Olney Manor Recreational Park, Olney, Maryland 20832 Olney Manor Skate Park in Olney Manor Recreational Park (adjacent to outdoor tennis courts) 16601 Georgia Avenue Olney, MD 20832 301-905-3095 OPEN FOR THE SEASON! Olney Manor Skate Park features 14,400 square feet of skateboarding fun. The 90-foot by 160-foot park features a 10-foot-deep bowl, Hubba ledge, steps with handrail, quarter pipes, Fun Box with flat rail, manual pad, and Pyramid Ledge. The Skate Park is open to skaters (skateboard and inline) of all skill levels, age 6 and up. Skaters age 8 and younger must be accompanied by a parent or guardian. 2011 Olney Manor Skate Park Brochure Hours of Operation & Pricing Montgomery Parks now operates Olney Manor Skate Park (previously operated by the Montgome...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Olney Theatre Center offers a diverse array of professional productions year-round Located just north of Washington, D.C. in arts-rich Montgomery County, Maryland, Olney Theatre Center offers a diverse array of professional productions year-round that enrich, nurture and challenge a broad range of artists, audiences and students. One of two state theaters of Maryland, Olney Theatre Center is situated on 14 acres in the heart of the beautiful Washington-Baltimore-Frederick "triangle," within easy access of all three cities. A professional, award-winning regional theater, Olney operates under an Actors' Equity Association Council of Stock Theaters (COST) contract, one of only three theaters in the country to operate under such a contract. In addition to its Subscription Season, which emph...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Olney Swim Center is located in Olney Manor Park in Olney, Maryland 20832   16605 Georgia Avenue Olney, Maryland 20853 240-777-4995 The Olney Swim Center is located off of Georgia Avenue in Olney Manor Park. Our facility includes a 8-lane, 25-meter pool with separate diving area has 1 and 3-meter diving boards, a shallow warm water free-form leisure pool, two hydrotherapy pools, sauna, weight and exercise room, multi-purpose room, lockers and special changing room. We also have a meeting room perfect for classes, birthday parties, and rentals. The Olney Swim Center is fully programmed daily and on weekends. There are times available for lap swimming, recreational swimming, water fitness classes, swimming lessons, lifeguard training, water safety and lifeguard instructor courses, CPR and...
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By Peggy Lyn Speicher, Co-Founder & REALTOR®
(The Speicher Group)
Sherwood High School real estate in Olney Montgomery County Public Schools, for the third year in a row, has the highest graduation rate among the nation's largest school districts, according to a national report released today (June 7). That's one of the many reasons why Sherwood High School real estate in Olney remains in high demand.  The graduation rate of Sherwood High School is 95.2%, with 85.9% of its 2,076 students meeting University System of Maryland entrance requirements. Superintendent of Schools Jerry D. Weast said these results are even more significant because MCPS sets the bar higher for its graduates. "We not only are graduating the greatest percentage of students, but we are making sure they are prepared for college and the work place when they cross the stage to get t...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Olney Farmers and Artist Market 2011 Season - Sundays 9:00 am to 1:00 pm 2011 Season -- Sundays, 9 am - 1 pm In Olney, MarylandMontgomery General Hospital Thrift Shop Grounds2801 Olney-Sandy Spring RoadOlney, MD Call 301-646-9938 or visit www.olneyfarmersmarket.org Fresh produce Exceptional artists displaying/selling their work Outstanding food & gift vendors Along with live music SEE YOU THERE!! For more information go to: www.olneyfarmersmarket.org/
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By Peggy Lyn Speicher, Co-Founder & REALTOR®
(The Speicher Group)
Olney New Home Development Believe it or not, Olney new home development is underway at the Orchards of Sandy Spring.  According to Stanly Martin, the largest regional homebuilder in the Metropolitan DC area, the Olney new home development will be an enclave of 40 homes on large lots in the Sherwood High School district.  The model home is under construction and will open this summer. Perfectly positioned off the picturesque back roads of Olney, Maryland, the Olney new home development of Orchards of Sandy Spring will feature 34 prestigious homesites each boasting a 1/3 of an acre. Surrounded by lush trees and greenery, the Olney new home development of Orchards of Sandy Spring convinces the mind that you're miles away from the rushing and racing of city life yet, you're less than a mil...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Montgomery General Hospital Annual Picnic & BazaarOlney, MD 20832 Celebrating the 92nd Anniversary onTuesday, July 26, 201110 am - 8 pm This community summer celebration includes fantastic food, live entertainment, small games, and the sale of baked goods, jewelry, crafts, books, plants and more to benefit The Women's Board Scholarship Fund. ENTERTAINMENT - DEMONSTRATONS - INFORMATION BOOTHS Enjoy food, treats, and beverages at the picnic.Fried chicken, corn-on-the cob, andmuch more! Located on Prince Philip Drive, 20 minutes south of I-70 and 10 min. west of Rte. 32.18101 Prince Philip Drive, Olney, MD 20832301-774-8882
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By Peggy Lyn Speicher, Co-Founder & REALTOR®
(The Speicher Group)
Community Yard Sale Olney on Saturday The Oatland Farm community will be holding a community yard sale Olney on Saturday, June 11th from 9:00 AM to 12:00 PM. Signs for the community yard sale Olney will be posted at the entrances to the community. The community yard sale Olney is located here:   View Larger Map
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for April 2011.  The Green Bars represent the percentage of sold homes in the available inventory this month.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month. Just like the Montgomery County numbers the absorption rates are a bit misleading.  Alot of the available inventory is short sale and foreclosure.  Many buyers can't and won't buy these properties.  Please feel free to contact one of our great agents for any market information www.realty-md.com Again I feel that the 2011 numbers will look very similar to last year.  As we recover (and the DC area is one of the first), we will see a slight increase in the absorpti...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Fair Hill Shops Grand Opening Celebration in Olney, MD 20832 Schedule* & Activities Friday, April 29th, 7-9pm Live Entertainment & Activities, Plaza Stage 7pm: Olney Big Band Other Activities, Throughout the Center • Special Performance by Olney Theatre Center • "Fair Hill Through the Years" Exhibit, created by Sandy Spring Museum • Olney Theatre Center 3-Pack Ticket Giveaway • Register to win FREE prizes • Special discounts and activities at participating Fair Hill merchants • FREE** gift with purchase from Fair Hill merchants. Redeem your receipts at the Fair Hill tent on the plaza. Saturday, April 30th, 10am - 8pm Children's & Live Entertainment, Plaza Stage 10am: Oh Susannah 11am: Kidsinger Jim 12pm: Mr. Knick Knack 11pm: Peter McCory 12pm: Mister Don 13pm: Meg & Bryan Band 15pm: Ew...
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for March 2011.  The Green Bars represent the percentage of sold homes in the available inventory this month.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month. The March 2011 rate is almost identical to the Feb 2011 rate.  The inventory of available homes has begun to grow.  Buyers who had been looking might want to use this weekend to take a look at the new, reduced and improved selection of homes in Olney.  Please feel free to contact one of our great agents for any market information www.realty-md.com Again I feel that the 2011 numbers will look very similar to last year.  As we recover (and the DC area is one of the...
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for February 2011.  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. Just like the statistics for Montgomery County, the Olney numbers for February for the last 3 years looks almost identitical to the January numbers for the last 3 years. Again I feel that the 2011 numbers will look very similar to last year.  As we recover (and the DC area is one of the first), we will see a slight increase in the absorption rate. Absorption Rates:  February 2011  11.7% absorption rate February 2010  12.1% absorption rate February 2009  6.8% absorption rate
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Another great service from www.HERBOSO.com  Foreclosure Of The Day  New reduction on price makes this a very good buy. . SEE MORE FORECLOSURES IN OLNEY MARYLAND HERE 17807 BUEHLER RD #3-D-3 OLNEY, MARYLAND 20832 Price: $107,500 2 Bedrooms, 1 Bathrooms 1 Partial Baths880 Square FtListing # MC7536287 Click to EnlargePRICE REDUCTION-Propety is bank owned and sold "as-is, where-is." Inspections for information purposes only. Seller will make NO repairs. All offers must be submitted with a strong pre-approval letter, and EMD must be made out to listing broker. Commission will be based solely on net. Basic Features: Acres: Area: City Name: OLNEYCounty Name: MONTGOMERYNeighborhood: Schools: State: MARYLANDSub Area:  Subdivision: CAMELBACK VILLAGEType: Garden 1-4 FloorsZip: 20832Bathrooms: 1Be...
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for January 2011.  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. Another steady month of growth in Olney.  Things are really up for an active Spring market.  Many savvy sellers and buyers are already seeing market activity increase in what should be the dead of winter.  We anticipate 2011 to be very much like 2010 in the real estate market.  Absorption Rates:  January 2011  11.3% absorption rate January 2011  11% absorption rate January 2011  7.1% absorption rate
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
What's going on in Olney, Maryland? We all like to keep informed about what's being built or what a developer has proposed to build on land parcels in our area.  Information is provided by the Montgomery County Department of Park and Planning.  #1 PROPOSED PLAN FOR A RESIDENTIAL MIX:The Carl M. Freeman Company, Olney, MD has submitted a preliminary plan of a subdivision for 12 townhouses and 7 single-family lots on 13 acres ont he east side of Georgia Avenue, south of Owens Road in Olney, MD #2 PROPOSED PLAN DAY-CARE CENTERPreliminary plan of subdivision for a 9,000 square foot day care center on 1.04 acres on Morningwood Drive, west of Georgia Avenue in Olney, MD
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Snow Day in Montgomery County Maryland 2011 Here in Olney, Maryland located in upper Montgomery County, we just got about 10 inches of heavy, wet snow.  Schools will be closed and Federal workers have liberal leave.  Let's enjoy the snow day!  Spring will be here before we know it.    
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
TODAY'S BEST BARGAIN FORECLOSURE IN OLNEY  MONTGOMERY COUNTY MARYLAND 20832 Another great service from www.HERBOSO.com Foreclosure Of The Day 01/25/2011 Only $184,900 This property WAS PURCHASED FOR $360,000 IN JANUARY 2007!!! YOU CAN BUY IT NOW FOR $184,900                                                                                                         WHAT A DEAL!!! SEE OTHER  FORECLOSURES IN OLNEY MD HERE. .  RIGHT NOW! 17724 COATBRIDGE PL #89 OLNEY, MARYLAND 20832 Price: $184,900 3 Bedrooms, 2 Bathrooms 2 Partial BathsListing # MC7515109 View Photo Gallery (24) BANK OWNED. Sold "As Is". 2 yr home warranty promotion for qualified buyers. FANTASTIC location! Unique flrpln w/ 5 lvls! *FRESHLY* painted, *NEW* carpet & MORE! Eat-in kit, separate DR, LR w/ high ceiling & access to...
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for December 2010.  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. December was a bounce back month as expected.  16.6% is a strong number for December.  This bodes well for a strong spring market. Absorption Rates:  December 2010  16.1% absorption rate December 2009  11% absorption rate December 2008  11.2% absorption rate  
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