April Gives McLean Real Estate Values A Double Digit Increase Over 2010

There were 63 sales in April in McLean, of which 3 were short sales and 3 were bank owned. Of those bank owned was a $4M+ home on Langley Ridge Rd, which helped give  the 22102 zip a 12.73% increase in average sale price year over year. Nearby, 22101 did even better with a 22% increase year over year. You can compare to April 2010 to see how prices changed over the last year.

22101

Detached, Single Family Homes
Average Net Sale Price: $1,076,969 after 114 days
Range: $565,000 – $2,872,000

Townhomes
Average Net Sale Price: $859,500 after 70 days
Range: $684,000 – $1,450,000

22102

Detached, Single Family Homes
Average Net Sale Price: $1,391,979 after 93 days
Range: $785,000 – $4,250,000

1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $245,000 after 31 days
Range: $190,000 – $410,000

 

There were a few other properties that sold, such as 2 bedroom units or townhomes in 22102, but so few sales can’t be used for a realistic average. If you’re interested in more information, please email me at Laura@TheLJRGroup.com.

Find out how much your McLean home is worth or Search McLean Homes for Sale