In McLean, only 40 properties sold in October. While they’re selling in nearly half the time of 2010, 22101 saw more lower priced properties sell last month, bringing the average price down a bit. While in 22102, prices increased again just over 1%, especially in condos and single family homes. Of the 40 total sold, only 2 were distressed (1 short sale, 1 foreclosure).
22101
Detached, Single Family Home
Average Net Sale Price: $909,573 after 27 days
Range: $625,000 – $2,315,000
*Excluded a new construction sale at $7,501,310
Townhomes
Average Net Sale Price: $614,927 after 47 days
Range: $531,500 – $690,000
22102
Detached, Single Family Home
Average Net Sale Price: $2,104,475 after 158 days
Range: $1,723,400 – $2,950,000
1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $270,250 after 31 days
Range: $180,000 – $386,900
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