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Market Snapshot - McLean, Virginia 22102 - Single Family Homes and Condos
Market Snapshot - McLean, Virginia 22102 - Single Family Homes and Condos
McLean Real Estate - The 22102 zip code of McLean, Virginia is just north of Tysons Corner Galleria Shopping Center.  It includes the highly desirable subdivisions of McLean Hamlet and Olde Swinks Mill.  There are also several condo complexes in the area including the Gates of McLean, Rotonda, and the Regency at McLean.
 
 
 Below is a snapshot of the October 2011 market:

Analysis
Since buyers who are looking for single family homes in McLean are much different than buyers looking for condos in McLean, this analysis separates out these two property types.
Currently, there are 74 Single family homes for sale in McLean with an average list price of $2,651,748.  Last month, a total of 4 single family homes sold, resulting in an absorption rate of 18.5 months.  This indicates it is a buyer's market for single family homes in McLean.
There are 16 Condos for sale in McLean with an average list price of $493,611.  Last month, a total of 8 condos sold, resulting in an absorption rate of 2 months.  This indicates it is a seller's market for condos in McLean.
 
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