McLean, VA Real Estate On The Way Up

The March 2010 numbers show a tremendous jump in prices in McLean! Again, I like to break up McLean by zip code because the markets are so different…22101 saw an average sale price increase of 3%. The 22102 market went up 71%. Read that again: 71% person from 2009. Both zip codes saw a decrease in days on the market, 22101 by 40% and 22102 by 37%. Selling faster and selling quicker.

There’s been some new construction in McLean that sold in March that greatly affected the average sale prices per type of real estate. But here how the numbers shake out for March for average NET sale price and days on the market:

22101

Single Family Homes
Average Net Price: $1,258,594 in 123 days
Range: $475,000 – $6,140,000*
Median: $946,450

Townhomes
Average Net Price: $682,167 after 73 days
Range: $583,500 – $825,000

22102

Single Family Homes
Average Net Price: $968,175 in 51 days

1 Bedroom Condos
Average Net Price: $247,886 in 12 days

2 Bedroom Condos
Average Net Price: $552,309 in 6 days

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One Response to “McLean, VA Real Estate On The Way Up”

  1. [...] This post was mentioned on Twitter by Laura Rubinchuk. Laura Rubinchuk said: ^McLean VA Real Estate Values on the Way Up http://bit.ly/cPViKP #realestate [...]

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