An interesting month in McLean: both averages dropped in each zip code, but the median sales price increased 18% in 22101 and 13% in 22102. Condos were the big winners with a 54% increase year-over-year. In 22101, average sale price dropped 12.5% while inventory also decreased 26%. Sellers averaged 94.4% of asking price. In 22102, average sale price dropped about 29%, inventory dropped 23%, and sellers averaged 96.5% of original list price.
22101
Single Family Homes
Average Net Sale Price: $1,120,992 after 48 days
Range: $584,900 – $2,435,000
22102
Single Family Homes
Average Net Sale Price: $1,672,671 after 77 days
Range: $850,000 – $3,500,000
1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $241,688 after 10 days
Range: $159,750 – $300,000
2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $309,750 after 8 days
Range: $286,000 – $336,500
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