McLean Virginia Real Estate Sales Market Report for November 2009

MyFairfaxCountyRealEstate.com

November 2009 McLean Real Estate Sales Market Report
*211 Active Homes

Summary:

Our single family homes in Mclean took a big jump this past month.  We are seeing this trend in the NOVA area of million dollar homes selling rapidly.  So it definately is a good time to buy and sell if you are in this price range.  Its tough for TH to sell in Mclean because they are so expensive but condos continue to sell very well here. Just watch out for this condo fees !

Contact us if you are thinking about buying or selling in McLean

Single Family Homes McLean

• Sold McLean Homes in November 2009: 38 homes
• Average Sold Price: $1,077,317
• Median Sold Price: $915,000
• Homes sold for about: 93.5% of asking price
• Average Days on Market: 125 days 

Out of the 38 McLean home sales in November - 4 (11%) was distressed (foreclosure, bank owned, short sale).

Townhomes in McLean

• Sold McLean Townhomes in November 2009: 3 homes
• Average Sold Price: $788,300
• Median Sold Price: $849,900
• Homes sold for about 97.8% of asking price
• Average Days on Market: 12 days

Out of the 3 McLean townhomes that sold in November - 0 (0%) was distressed (foreclosure, bank owned, short sale).

Condos in McLean

• Sold McLean Condos in November 2009: 14 homes
• Average Sold Price: $361,490
• Median Sold Price: $295,000
• Homes sold for about 95.8% of Asking price
• Average Days on Market: 45 days

Out of the 14 McLean condos that sold in November - 3 (21%) were distressed (foreclosure, bank owned, short sale).


McLean zip codes - 22101, 22102, 22103, 22016

  Email: natejohnson@kw.com

703-725-2929