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mclean virginia real estate market: McLean Virginia Real Estate Market Snapshot for September 2011 - 09/19/11 02:07 PM
What's Happening in the McLean, Virginia Real Estate Market?
Here's a snapshot of McLean Virginia home sales in the last 30 days from mid-August until now:
MCLEAN VIRGINIA HOME SALES:
Active homes for sale: 279 -- 82 of those have come on the market within the last 30 days.
Average listing price in McLean: $1,942,380! Obviously this number is somewhat skewed by the luxury market, but this is an average of 279 homes. Nonetheless, homes are available in McLean from $184,900 to $12,900,000. Do you want to see available homes in McLean by price range? Click on one or more … (1 comments)
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mclean virginia real estate market: McLean Virginia Real Estate Market Snapshot for July 2011 - 07/25/11 04:31 PM
What's Happening today in the McLean, Virginia Real Estate Market?
Here's a snapshot of McLean Virginia home sales in the last 30 days from the early late June 2011 through now:
MCLEAN VIRGINIA HOME SALES:
Active homes for sale: 267 -- 55 of those have just come on the market within the last 30 days!
Average listing price: $1,884,520 (down over $50K from last month's average $1,937,360). However, homes are available in McLean from $225,000 to $12,900,000. Over 68% of homes available in McLean are priced over $1 million.
McLean Homes sold in the last 30 days: 59. … (1 comments)
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mclean virginia real estate market: The Homes You Can Get in McLean, Virginia for Under $225,000 - 06/13/11 03:33 PM
You're looking for a deal. and were thus drawn in by the headline.
Rubbing your hands together and smirking, you're anxiously awaiting to see what great homes you can scoop up in McLean, Virginia for under $225,000.
Well, let me show you...
How many homes do you see in the picture above? That's right...
None. Nada. Zero. The Big Goose Egg.
Did you really think you were going to find a home in McLean for under $225,000? There's barely anything available under $500,000. Out of 283 McLean VA homes on the market, there's only 24 listed for sale at $500K … (3 comments)
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mclean virginia real estate market: Most Expensive Home Sales in Northern Virginia for January 2011 - 02/11/11 05:09 PM
Are you wondering about Northern Virginia real estate and pondering what has sold recently?
Here's some information about the most expensive home sales in Northern Virginia (Arlington County, Alexandria City, Fairfax City, Fairfax County, and Falls Church City) for January 2011. All information was obtained through MRIS.
Overall, there were 42 Northern Virginia home sales topping $1 million during January 2011. This is a big drop from the 70 that sold in December 2010 and below the 57 that sold in November. This reflects an overall slow month for real estate in January 2011.
Currently, there are 566 homes on the … (2 comments)
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mclean virginia real estate market: McLean Virginia Real Estate Market Snapshot: January 2011 - 01/24/11 01:12 PM
The photo above is of a Northrop Grumman office building in McLean, Virginia (photo credit Jim Moore)
What's Happening today in the McLean, Virginia Real Estate Market?
Here's a snapshot of McLean Virginia home sales in the last 30 days from the end of December 2010 through now:
MCLEAN VIRGINIA HOME SALES:
Active homes for sale: 226 -- 30 of those have just come on the market within the last 30 days! Average listing price: $1,746,285 McLean Homes sold in the last 30 days: 31. At this rate, it would take nearly 7 months for the current McLean inventory to sell -- however, I expect that sales will … (0 comments)
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mclean virginia real estate market: McLean Virginia Real Estate Market Snapshot: August 2010 - 08/23/10 02:16 PM
The picture above is the USA Today headquarters building in McLean, VA. Photo courtesy of patrickneilm
What's Happening today in the McLean, Virginia Real Estate Market?
Here's a snapshot of McLean Virginia home sales in the last 30 days from the end of July through now:
MCLEAN VIRGINIA HOME SALES:
Active homes for sale: 172 -- 22 of those have just come on the market within the last 30 days! Average listing price: $1,813,125 McLean Homes sold in the last 30 days: 29 Average Sales Price: $838,011 Median Sales Price: $590,000 Average Days on Market: 59 Average Sales Price/Original Listing Price: 93.11%. There's still some negotiating … (2 comments)
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mclean virginia real estate market: McLean Virginia: Home Prices & Current Inventory (June 2010) - 06/05/10 02:49 PM
As of today, June 5, 2010, there are 192 homes on the market for sale in McLean, Virginia (inventory is way down from the 397 that were on the market in McLean at this time last year!). 38 of these McLean homes were listed for sale within the last 30 days
This chart shows the current inventory, number of pending sales and average list price sorted by neighborhoods within McLean:
The average listing price for all homes (including condos, townhouses, and single family homes) currently on the market in McLean is $1,897,410. Of the 192 homes, 121, or 63% of all … (1 comments)
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mclean virginia real estate market: McLean Virginia Real Estate Market Snapshot: May 2010 - 05/17/10 02:42 PM
What's Happening today in the McLean, Virginia Real Estate Market?
Here's a snapshot of McLean Virginia home sales in the last 30 days from mid April through now:
MCLEAN VIRGINIA HOME SALES:
•· Active homes for sale: 192 -- 44 of those have just come on the market within the last 30 days!
•· McLean Homes sold in the last 30 days: 34
•· Average Sales Price: $973,009
•· Median Sales Price: $785,000
•· Average Days on Market: 72 -- Due to the higher price range than most Northern Virginia markets, McLean homes are taking a little longer to sell than other areas.
•· Average … (1 comments)
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mclean virginia real estate market: Prices of Homes in Über-Luxury McLean Virginia - 04/20/10 04:28 PM
Take a look at this chart which shows the price distribution of available homes in McLean, Virginia:
There's a few things apparent:
1. Almost half of the available homes in McLean are priced between $1-$3 million.
2. There are more McLean homes priced above $4 million than there are in any single price range under $1 million!
3. It costs some money to buy a home in McLean. That may be the biggest understatement of the day!
4. There are still some McLean homes available priced under $500K. However, those are all condominiums. Okay. That part may not be apparent … (1 comments)
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mclean virginia real estate market: McLean Virginia Housing Market Supply & Demand - 04/12/10 02:53 PM
Real estate, like any other market, is all about supply and demand.
So, how's the supply and demand in McLean Virginia real estate these days?
SUPPLY: As of April 12, 2010, there are 207 homes on the market in McLean, Virginia
DEMAND: In the last 30 days, 37 homes sold in the McLean. At this pace, there'd be 6.9 months of inventory of McLean homes. This is a bit higher than surrounding jurisdictions, primarily because the homes are more expensive in McLean.
Here are the details about the housing inventory in McLean-- if you're thinking about buying a home in McLean or … (2 comments)
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mclean virginia real estate market: McLean's Million Dollar Market: What's Available? - 02/11/10 09:35 AM
McLean Virginia has the highest percentage of million dollar homes on the market as a share of the entire housing inventory anywhere in Northern Virginia. Yes, fully 67% of the homes on the market in McLean are priced at $1 million or more, and more than half of those are priced over $2 million.
It's nice to boast of these stratospheric listing prices, but do these homes actually sell. The answer is yes. In the past 12 months, 43% of the single family homes sold in McLean went for over $1 million.
Current Picture of the McLean Real Estate Market
… (3 comments)
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mclean virginia real estate market: Run Like an Antelope: McLean Virginia Real Estate Market in High Gear! - 01/20/10 03:24 PM
There are NO antelope in McLean, Virginia.
However, the real estate market in McLean Virginia has shifted into high gear and is about to run like an antelope out of control!
What the heck am I talking about?
The lyrics (and I use that term loosely) to a popular Phish song say:
Run Run Run Run Run Run Run
Set the gearshift for the highgear of your soul
You've got to run like an antelope out of control
Run Run Run Run Run Run Run
Comparing the real estate market in McLean Virginia in January 2010 to the one that existed … (4 comments)
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Brian Block -- Northern Virginia & D.C. Real Estate
McLean,
VA
More about me…
RE/MAX Allegiance, Managing Broker/Branch Vice President
Address: 6226 Old Dominion Drive, McLean, VA, 22101
Office Phone: (703) 626-0715
Cell Phone: (703) 626-0715
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