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McLean Market Report for January 2015

By
Real Estate Agent with NoVa House and Home

 

McLean Market Report for January 2015

The McLean Real Estate Market has slowed down from the previous year, with the average sales price down approximately 5% and over 50% more properties on the market than this time last year.  While the average sales price is down, the median sales price of $1,100,000 is up 19.6% from last year, indicating an overall shift to more expensive homes purchased in the 22101 zip code.  Since the 22101 area comprises of several subdivisions with home prices ranging from the mid-$600s to well over $1M, it’s important to understand not only the overall market trends, but also each individual subdivision.  Contact Peggy today at 703-349-0143 for a more in-depth analysis of each McLean subdivision.

 

  • New Listings: 23 (Up 15% from last year)
  • Sold Listings: 31 (No change from last year)
  • Active Listings: 138 (Up 58.6% from last year)
  • Average Days on Market: 72 Days (Down 20% from last year)
  • Average Sales Price:  $1,400,260 (Down 4.8% from last year)
  • List to Sold Price Ratio: 95.08% (Down 0.9% from last year)

Wondering what your McLean Home is worth today?

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Thinking about SELLING your McLean home?

Sellers can get top dollar for their home by presenting it flawlessly online.  Peggy has the knowledge, experience, and demonstrated results to get you top dollar for your home.  Contact Peggy today for a free consultation on getting your home sold for top dollar.

Want to BUY a McLean Home?

Contact Peggy today at 703-349-0143 for the most up to date list of homes for sale!

 

Original Source of this Post: http://www.peggyyee.com/general/mclean-real-estate-market-report-for-january-2015-341/

Posted by

Peggy Yee
Supervising Broker
Frankly Realtors
Phone: 703-844-2861
Email: peggy@PeggyYee.com
Website: http://www.PeggyYee.com 
 
 
 

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Comments (1)

John Pusa
Glendale, CA

Peggy - Thanks for the detailed stats about McLean market report for January 2015.

Jan 14, 2015 12:46 PM