June 2010 in McLean proved to be a strong month for the luxury market. Of the 78 properties sold, nearly half were asking above $1M. Of those 78, only 4 were short sales and 1 was a bank-owned foreclosure, contributing to a strong market. While average numbers show a decline, some property types are well above 2010 levels.
22101
Single Family, Detached
Average Net Sale Price: $987,401 after 46 days
Range: $475,000 – $2,300,000
22102
Single Family, Detached
Average Net Sale Price: $2,127,880 after 86 days* (median of 25 days)
Range: $745,000 – $5,975,000
1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $196,975 after 82 days
Range: $159,000 – $249,000
2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $302,214 after 36 days
Range: $250,000 – $357,500