Market Snapshot - McLean, Virginia 22102 - Single Family Homes and Condos

By
Real Estate Agent with Frankly Realtors

McLean Real Estate 22102 BoundaryMarket 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:

22102 McLean Real Estate Market Snapshot

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.

 

Posted by

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

72SOLDNow.com - Northern Virginia 

 

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Rainmaker
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Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

McLean Virginia sounds like a good community with very healthy average sold price over $800,000.

Dec 01, 2011 04:28 AM #1
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Peggy Yee

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