McLean Real Estate Values Up Again in November 2010

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 and property type, note that only single family homes sold in 22101 last month.

22101
Single Family Home (Detached)
Average Net Sale Price: $1,013,557 after 56 days
Range: $614,200 – $2,271,548

22102
Single Family Home (Detached)
Average Net Sale Price: $1,665,000 after 124 days
Range: $802,000 – $3,350,000

1 Bedroom Condo
Average Net Sale Price: $235,300 after 25 days
Range: $205,000 – $258,700

2 Bedroom, 2 Bath Condo
Average Net Sale Price: $305,700 after 26 days
Range: $290,000 – $317,100

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