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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 [...]
Posts Tagged ‘mclean real estate’
Luxury Homes Still Selling in McLean
February 25th, 2011 
Laura McLean saw 37 properties trade hands in January 2011, of which 1 was a short sale and 4 were bank owned. Of those 37, 11 were over $1M, bought with cash, a sign that the luxury market is still strong in Northern Virginia. More signs of strength for the 22102 zip code was an increase [...]
McLean Real Estate Continues to Climb
January 13th, 2011 Laura Yet another strong month for homeowners in McLean, VA for December 2010. A total of 52 properties were sold, of which 1 was a short sale and 3 were foreclosures, for a total market share of 7.7%. Prices were up in both zip codes: 22101 saw an increase of 22.85% in average sale price, while [...]
McLean Real Estate Values Up Again in November 2010
December 20th, 2010 Laura Another strong month for McLean, VA real estate prices. A total of 45 properties sold in November, of which only 1 was a bank-owned condo, and 5 were short sales. The 22101 area saw an average increase in sale price of 9.93%, while 22102 saw a 6.77% increase. Here are the stats by zip code [...]
McLean Real Estate Prices Up Over 30%, Highlighted By $10.2M Sale
November 15th, 2010 Laura It’s no shock for a city within the #2 Richest Counties in America, McLean saw double-digit growth in both zip codes in October. Highlighted by a cash sale of $10.2M, 22101 saw average sale prices increase by 17.7% from October 2009, while 22102 saw a gigantic 34.23% increase. The fact that only 4 of the [...]
McLean Real Estate Values Up 22% from 2009
October 15th, 2010 Laura September 2010 was a good month for homeowners in McLean, they saw a 22% increase in average sale price from 2009. Both 22101 and 22102 increased by 22%, while days on the market decreased by 52% to 49 in 22101, while 22102 decreased 36% to 52. There were a total of 38 sales last month, [...]
McLean Home Values Up in April 2010
May 19th, 2010 Laura Consistent with neighboring counties, McLean prices and market activity appear to be rebounding nicely also. As a whole, only 4 of the 44 properties sold were distress – 2 short sales and 2 foreclosures (last year it was 5 of 47). Breaking up the McLean market by zip, we see an increase in average sale [...]
Posted in Keller Williams Realty, McLean 
Tags: april 2010, market statistics, mclean real estate 
1 Comment »McLean, VA Real Estate Market Update – February 2010
March 29th, 2010 Laura McLean appears to have slowed a tad in the month of February. Both in 22101 and 22102, average sale prices are down about 20%, days on the market are down (19% in 22101 and a drastic 81% in 22102), and both had more units trade hands in 2010 than 2009. Of the 30 properties that [...]
Posted in Keller Williams Realty, McLean Tags: february 2010, market statistics, mclean real estate, mclean va 2 Comments »McLean Virginia Real Estate Market Update – January 2010
February 18th, 2010 Laura January was a good month for the McLean real estate market, just like it was for Falls Church and Arlington. A total of 33 properties sold, and only 1 was a short sale. True for both 22101 and 22102, the average and median sales prices are UP, units sold was UP, and average days on [...]
McLean, VA Real Estate Market Update – December 2009
January 25th, 2010 Laura The McLean Virginia real estate market has been very interesting of late. Average sale prices are down just a bit from 2008 (6% for 22101 and 2 % for 22102), while the median sale price has skyrocketed from 2008 (32% for 22101 and 67% for 22102). Let’s look at the numbers: 22101 Average Net Sale Price for [...]
