ashton: Olney Area Supply and Demand Chart August 2008 - 09/15/08 09:49 AM
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for August 2008.  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.
After a significant drop in June, July and August have held steady at 14%.  My eye is on the 2nd half of 08 to see the market hold steady over 07.  It was this time last year that the market came to a standstill.
Absorption Rates: 
August 2008  14% absorption rate
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ashton: Olney Area Supply and Demand Chart May 2008 - 06/17/08 08:15 AM
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for April 2008.  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.
We actually saw the absorption rates climb over May 07 numbers.  That is a great sign of a healthy real estate market.
Absorption Rates: 
May 2008  14.2% absorption rate
May 2007  12.4% absorption rate
May 2006  19.9% absorption rate
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ashton: Olney Area Supply and Demand Chart April 2008 - 05/07/08 07:27 AM
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for April 2008.  The Red lines are the active homes, blue under contract, and green are sold.  The absorbtion rate is determined by the number of homes on the market and the number of homes selling that month.
Absorbtion Rates: 
April 2008  15.7% absorption rate
April 2007  16.9% absorption rate
April 2006  16.8% absorption rate
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ashton: Olney Days is Coming May 16-18 - 04/09/08 03:15 AM
Olney Days is coming May 16-18, 2008.  There is a bike ride, contests, bands, fireworks, Mr. and Mrs. Olney crowing, classic car show, parade, and much more.  Go to http://www.goca.org/ to get the most up to date schedule.  The fireworks on Saturday night are great.  Most of the events are held at Olney Regional Park.  Come early, stay late.
It is truly one of the best small town events in the county.  If you are interested in volunteering please Helene Rosenhiem know. 
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ashton: Olney Area Supply and Demand Chart March 2008 - 04/09/08 01:42 AM
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for March 2008.  The Red lines are the active homes, blue under contract, and green are sold.  The absorbtion rate is determined by the number of homes on the market and the number of homes selling that month.
Absorbtion Rates: 
March 2008  7.5% absorbtion rate
March 2007  17% absorbtion rate
March 2006  28% absorbtion rate
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Joe Buffington, GRI, CDPE (RE/MAX Realty Centre)

Joe Buffington

GRI, CDPE

Olney, MD

More about me…

RE/MAX Realty Centre

Address: 3300 Olney Sandy Spring Rd, Olney, MD, 20832

Office: 301(774) 590-0147

Mobile: (301) 461-8925

Real Estate in the Buff(ington Building) is for those looking for fine tuned and specific information.


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