Home Prices in McLean Virginia 22102 Virginia for December 2013
Real estate market data for McLean Virginia 22102 provided by Misstie Pollard of Long and Foster Real Estate Company.
McLean Virginia 22102 Home Prices
We have seen 11 straight months of listing price increases on home prices in McLean Virginia 22102 and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in McLean Virginia 22102 but having a good real estate agent who understands the market is a must. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the McLean Virginia 22102 home on which you are making an offer.
If you are interested in how much current inventory is on the market in McLean Virginia 22102 you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of McLean Virginia 22102 homes have a median time of 102 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in McLean Virginia 22102 has multiple offers coming in on homes. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
McLean Virginia 22102 Real Estate Report Summary
The median list price in December for homes in McLean Virginia 22102 is $1,803,580. The list prices increased by +5.41% from the previous month.
The median sale price in December for homes is $1,081,685. The sale prices increased by +51.1% from the previous year.
Find Homes for Sale in McLean Virginia 22102
Visit my website to search for homes in McLean or to be notified when McLean Virginia 22102 homes come on the market.
To find out what you home is worth in the current market email me or call 703-627-2654.
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