Special offer

Making Money in McLean

By
Real Estate Agent with RE/MAX Allegiance, Managing Broker/Branch Vice President

Money Magazine recently detailed the towns and cities with the highest median family incomes in the country.  It's no surprise that McLean, Virginia made this list.  Traditionally viewed as one of the ritziest communities in the Washington, D.C. metro area, McLean placed #8 on Money Magazine's list.  See the full list here.

McLean Virginia

With a population of just 40,715, McLean boasts a median family income of $180,103.  The Money Magazine snippet states that some powerful movers and shakers make McLean their home, including Supreme Court Justice Antonin Scalia, Democratic Senators Ted Kennedy and Patrick Leahy, as well as many Washington area business leaders.

While the article reports that the median home price in McLean is $840,000, take a look at some of the following real estate statistics for the area.

Money in McLeanAs of August 9, 2008:

421 homes on the market in McLean.

Average listing price $1,817,445.

58% of homes on the market are priced over $1 million.

26% of homes are priced over $2 million.

Almost 13% of homes are priced over $3 million.

There are 6 homes available in McLean priced over $10 million.

So far this year, there have been 118 home sales in McLean that have topped $1 million.

 

While I can't guarantee that moving to McLean will make you rich, if you've got some money, McLean may be the place for you to live. 

CLICK HERE TO SEARCH FOR A HOME IN MCLEAN

For information on selling your McLean, Virginia home, please contact me for a no-obligation private consultation.

buttonbuttonbuttonbutton

Contact Brian Block, REALTOR/Attorney: Licensed in Virginia & Washington D.C. (703) 626-0715. If you are interested in purchasing or selling a property in Northern Virginia including Arlington County, Alexandria City, Annandale, Burke, D.C., Fairfax County, Falls Church City, Lorton, McLean, Springfield, Vienna, Washington D.C., contact Brian today.

Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

For a comparision we have 15 listed in Grand Rapids over 1 million.

Aug 09, 2008 03:03 PM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Brian, I think that's more homes over $10million than we had listed in DC.  It's a pretty posh place!

Aug 10, 2008 02:12 AM
Brian Block
RE/MAX Allegiance, Managing Broker/Branch Vice President - McLean, VA
Northern Virginia & D.C. Real Estate

TERRY:  Yes, McLean is an extraordinarily wealthy community.

Aug 10, 2008 09:43 AM
Brian Block
RE/MAX Allegiance, Managing Broker/Branch Vice President - McLean, VA
Northern Virginia & D.C. Real Estate

PAT:  I wouldn't be surprised if that were the case.

Aug 10, 2008 09:43 AM