Last month, 21 single family homes sold in McLean, up 4 from March 2009. More notable is that the median list price in March 2010 was nearly $200,000 higher than last year at that time, and the median sold price was up more than $250,000. The March 2010 numbers tracked closely to the March 2008 sales numbers, when 25 single family homes traded hands and the median list prices was virtually identical. Interestingly, the median sold price for March 2010 was actually higher than the median list price, meaning people were offering more than the list price.
In terms of the median DOMP, again, the March 2010 number of 64 was in line with the March 2008 figure of 61, and was more than half the days than the 138 days posted in March 2009. Only March 2006 had fewer days on the market than March 2008 and March 2009.
Please see the chart below for additional information regarding the McLean's March 2010 single family home sales figures. Data is courtesy of MRIS.
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