In June, townhouses in McLean only stayed on the market for twenty days, the fewest days of four of the previous five Junes.  Only June 2007 had fewer days on the market when townhouses remained on the market for 18 days.  The median list price ($685,000) and median sold price ($630,000) rebounded significantly in June 2010 over the previous June.  

On the flip side, only 7 townhouses changed hands in June 2010.  This is almost half the number that sold in June 2009, and is tied for the fewest of any of the five Junes.  With the short days on the market in June 2010, one might think it had to do with a low inventory but I don't believe this is the case.  July 2010's townhouse figures will probably show an uptick in Days on the Market, so we'll need to wait and see before drawing any conclusions.

Please see the table below for a look at townhouse sales in McLean over the past five Junes.  Data is gleaned from the MRIS.

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