A strong August for McLean real estate with 75 sales, only 3 of which were either short sales or foreclosures, and lots of multi-million dollar home sales. In 22101, average prices were almost 11% higher than August 2011, while the average sale price was 95.6% of the original list price. In 22102, average prices were up 15.43% and average sale price was 95.2% of original list price. While there were townhomes and condos that sold in both zip codes, only a few can not be used to compute an accurate average. If you’re interested in those sales, I’m happy to share them with you – just email me!
22101
Single Family Homes
Average Net Sale Price: $1,330,893 after 69 days (Median: 23 days)
Range: $522,500 – $6,700,000
Without the $6.7M sale (which is an outlier), the median average sale price was $894,000
22102
Single Family Homes
Average Net Sale Price: $1,172,794 after 60 days (Median: 25)
Range: $763,000 – $2,100,000
Median sale price: $984,944
2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $353,380 after 21 days (Median: 8)
Range: $255,000 – $554,400
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