McLean Real Estate Up Again in May 2011

With only 4 distressed properties of the 62 sold in McLean in May, it’s easy to understand why prices continue to rise. In 22101, average sale prices increased just over 4% while days on the market decreased to 83. In 22102, average sale price increased just over 10% while days on the market jumped up 3 days to 71.

22101

Single Family Home, Detached
Average Net Sale Price: $1,043,874 after 88 days
Range: $500,000 – $2,450,000

22102

Single Family Home, Detached
Average Net Sale Price: $1,109,167 after 74 days
Range: $450,000 – $2,590,000

Townhomes
Average Net Sale Price: $794,833 after 48 days
Range: $730,000 – $840,000

1 Bedroom, 1 Bathroom Condo
Average Net Sale Price: $265,563 after 74 days
Range: $210,000 – $380,000

2 Bedroom, 2 Bathroom Condo
Average Net Sale Price: $356,200 after 17 days
Range: $312,000 – $411,000

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