McLean, VA Real Estate Market Continues Steady Climb

McLean continued its growth and climb in the real estate market in July 2010. Only 3 of the 71 sold properties were distressed (1 short sale and 2 bank-owned properties), which allowed prices to climb to nearly 10.74% over last year. Here’s the breakdown:

22101

Single Family Homes
Average Net Sale Price: $1,039,085 after 81 days (median was 27)
Range: $549,000 – $2,530,000

Townhouse
Average Net Sale Price: $972,167 after 314 days
Range: $596,000 – $1,487,0000

22102

Single Family Homes
Average Net Sale Price: $1,443,645 after 230 days (median: 46 days)
Range: $780,000 – $2,700,000

Townhouse
Average Net Sale Price: $658,333 after 47 days
Range: $560,000 – $825,000

2 Bedroom, 1 Bath Condo
Average Net Sale Price: $223,704 after 31 days

2 Bedroom, 2 Bath Condo
Average Net Sale Price: $330,000 after 32 days

Compare to July 2009.

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