Of the 58 sales in McLean last month, none were foreclosures or short sales. That helps the increase in each area. In 22101, average prices were up 16%, days on the market fell by 19% and sellers averaged 96% of asking. In 22102, prices were up 6%, days on the market fell 30%, and sellers averaged 94.7% of asking.
22101
Single Family Homes
Average Net Sale Price: $1,245,160 in 73 days
Range: $652,100 – $2,277,360
*This does NOT include a sale at $12M or an apparent sale at $352,133 which was new construction and didn’t actually include the land value.
Townhomes
Average Net Sale Price: $717,100 in 7 days
Range: $651,000 – $817,400
22102
Single Family Homes
Average Net Sale Price: $2,033,773 in 72 days
Range: $875,000 – $3,475,000
2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $423,786 in 20 days
Range: $299,000 – $740,000
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