OLNEY AND OAKLANE HOUSING MARKET DATA

There was an increase in total units sold in September, with 99 sold this month in Olney and Oaklane Real Estate versus 78 last month, an increase of 27%. This month's total units sold was lower than at this time last year, a decrease of 18% versus September 2024.

Versus last year, the total number of homes available this month is higher by 12 units or 5%. The total number of active inventory this September was 278 compared to 266 in September 2024. This month's total of 278 is lower than the previous month's total supply of available inventory of 290, a decrease of 4%.

Last September, the median sale price for Olney and Oaklane Homes was $214,250. This September, the median sale price was $204,000, a decrease of 5% or $10,250 compared to last year. The current median sold price is 3% higher than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 2.8 months of supply available in Olney and Oaklane, compared to 2.2 in September 2024. That is an increase of 27% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 138 homes newly listed for sale in Olney and Oaklane compared to 132 in September 2024, an increase of 5%. There were 104 current contracts pending sale this September compared to 127 a year ago. The number of current contracts is 18% lower than last September.

In September, the average sale price in Olney and Oaklane was 97.8% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 36, which is similar compared to a year ago.





FOCUS ON: OLNEY AND OAKLANE HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 19150, 19138, 19126, 19141 and 19120
Units Sold 99	Active Inventory 278	Median Sale Price $204,000	Days On Market 36

Down -18% Vs. Year Ago	Up 5% Vs. Year Ago	Down -5% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was an increase in total units sold in September, with 99 sold this month in Olney and Oaklane Real Estate versus 78 last month, an increase of 27%. This month's total units sold was lower than at this time last year, a decrease of 18% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 12 units or 5%. The total number of active inventory this September was 278 compared to 266 in September 2024. This month's total of 278 is lower than the previous month's total supply of available inventory of 290, a decrease of 4%.
		Median Sale Price Last September, the median sale price for Olney and Oaklane Homes was $214,250. This September, the median sale price was $204,000, a decrease of 5% or $10,250 compared to last year. The current median sold price is 3% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 138	Current Contracts 104	Sold Vs. List Price 97.8%	Months of Supply 2.8

Up 5% Vs. Year Ago	Down -18% Vs. Year Ago	Down -1.5% Vs. Year Ago	Up 27% Vs. Year Ago


		Months of Supply In September, there was 2.8 months of supply available in Olney and Oaklane, compared to 2.2 in September 2024. That is an increase of 27% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 138 homes newly listed for sale in Olney and Oaklane compared to 132 in September 2024, an increase of 5%. There were 104 current contracts pending sale this September compared to 127 a year ago. The number of current contracts is 18% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Olney and Oaklane was 97.8% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 36, which is similar compared to a year ago.


	Olney and Oaklane are defined as properties listed in zip code/s 19150, 19138, 19126, 19141 and 19120.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.