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 in average sale price of 9.73%, while 22101 saw a decrease of 8.3%.
22101
Single Family, Detached
Average Net Sale Price: $1,216,740 after 34 days
Range: $563,070 – $3,518,814
Townhomes
Average Net Sale Price: $657,000 after 34 days
Range: $630,000 – $684,000
22102
Single Family, Detached
Average Net Sale Price: $1,570,000 after 177 days
Range: $875,000 – $3,140,000
1 Bedroom, 1 Bath Condos
Average Net Sale Price: $203,280 after 68 days
Range: $180,000 – $225,900
2 Bedroom, 1 Bath Condos
Average Net Sale Price: $235,333 after 25 days
Range: $180,000 – $318,000
2 Bedroom, 2 Bath Condos
Average Net Sale Price: $423,667 after 82 days
Range: $242,000 – $690,000