McLean, VA

McLean VA is home to many businesses and personal residential pieces of real estate. The zip of 22101 is heavily populated with Businesses, so I've broken out the August statistics by zip code:

22101

Detached Houses

Average Net Sale Price: $981,131 after 104 DOM
Range: $526,000 - $2,251,000

Townhouses

Average Net Sale Price; $627,700 after 84 DOM
Range: $535,000 - $820,000

The overall market in McLean in 22101 is BUSY. Sales has more than doubled this point last year, for both volume and the number of homes sold. Surprisingly, days on the market has also gone up by about 20 days. Prices are still lower than this time last year.

22102

Detached Houses

Average Net Sale Price: $1,307,625 after 106 DOM (median was 7 days)
Range: $728,000 - $2,525,000

1 Bedroom Condos

Average Net Sale Price: $188,923 after 40 DOM

2 Bedroom Condos

Average Net Sale Price: $399,561 after 71 DOM

The overall market in McLean in 22102 is similar to 22101 for September. Volume and the number of homes sold are both up, as well as days on the market. Similarly, prices are still a bit lower than this time last year.

Search the current Homes For Sale in McLean VA

Laura Rubinchuk
Keller Williams Realty
703.283.6120
Laura@TheLJRGroup.com

The 2009 McLean Bowl will be held on Saturday, November 7, at McLean High School's Stadium Field. The annual bowl game features the McLean Mustangs youth football teams versus various teams from the Fairfax County Youth Football League. There will be a slate of six games starting at 9:00 a.m. with the last game concluding at approximately 6:00 p.m.

McLean Mustang teams participating in the McLean Bowl are matched up with teams of similar records and are those teams that are not participating in the post season playoffs. Following each contest an Offensive and Defensive Player of the Game will be selected by each opposing team and the winners will receive a trophy. All game participants will get a specially designed McLean Bowl 2009 tee shirt with a quote from Vince Lombardi on the back: It's not whether you get knocked down, it's whether you get up. Team moms for each Mustang team will organize the post game food and drink for both clubs.

Come on out and watch some great football!

The McLean Orchestra is set to open up its 2009-2010 Season -- A Season of Renaissance - on October 24th, with a performance titled, Revolution. The orchestra will next perform, Voices of Angels, on December 12 and 13, followed by Sweet Sorrow, performed on February 13, 2010, A Season for All, on March 20, 2010, and the finale, Reformation, on May 8, 2010. All concerts are held at the Oakcrest School, located at 850 Balls Hill Rd. in McLean.

For more information about the McLean Orchestra, please visit their website. The 2009-2010 season flyer can be found here.

That's my RE/MAX Allegiance office in McLean, Virginia.

We're located at

6226 Old Dominion Drive, McLean, VA 22101

Stop on by and say hello (I'll even buy you a coffee at the 2 story Starbucks in the parking lot). I'm the Managing Broker of the office and either myself or one of our 40 terrific agents can help you with any of your McLean, Virginia real estate needs.

SO...

What's Happening today in the McLean, Virginia Real Estate Market?

Here's a snapshot of McLean Virginia home sales in the last 30 days from mid-September 2009 through now:

MCLEAN VIRGINIA HOME SALES:

• Active homes for sale: 332 (including 58 new listings in the last 30 days). Inventory is starting to go down slightly because McLean homes are selling and are going under contract.
  
• Homes sold in the last 30 days: 58
  
  
• Average Sales Price: $810,084
  
  
• Median Sales Price: $647,000
  
  
• Average Days on Market: 77 -- McLean homes are selling relatively quickly.
  
• Average Sales Price/Original Listing Price: 92.26%. There's some negotiating room on home sales in McLean Virginia.

Interesting Notes:

There are 215 homes or nearly 65% the homes on the market in McLean priced at $1 million or more.

There's an additional 117 McLean homes under contract that will be going to settlement soon.

The McLean real estate market remains hot!

** Find a Home in McLean **

Contact Brian Block, Managing Broker, RE/MAX Allegiance, McLean:
Licensed in Virginia & Washington D.C. 703-626-0715.
If you are interested in purchasing or selling a property in McLean or elsewhere in Northern Virginia or Washington D.C., contact Brian today.

According to the data from the MRIS, the number of condos sold and closed in September 2009 bounced back to 20 after dipping to 10 sold in September 2008. The twenty condos sold last month is close to September 2007, when 19 condos were sold, and September 2006, when 23 sold.

Again, prices are still down in September 2009 compared to September 2007 and September 2006. The median sold price hit $380,000 in September 2007 before dipping to $269,950 in September 2008 and then rose slightly to 284,500 in September 2009.

The bottom line for the McLean real estate market -- single family, townhouses, and condos -- is that we've bounced back to the numbers sold before the downturn but prices are well below the levels at the peak of boom. Here is the data for September 2009 condo sales.