Tags: mclean, craig richardson, single family home sales, may 2010
What jumps out the most when examining single family home sales in McLean for May 2010 is that only 13 sold. This is about 1/3 the total that sold in the past four Mays, by far the fewest in the period examined. The number of single family homes sold in April 2010 was 19, again lower than previous Aprils.
The homes that did sell in May 2010 were the high end ones. The median list price of $1.625 million and median sold price of nearly $1.6 million were almost double last May's median list and sold, and far outpaced May 2006, the second highest median list and sold in the past five Mays.
The median days on the market of 63 for last month is fairly typical for these priced homes. Obviously the more expensive homes in general take longer to sell. Lower priced homes are still moving quickly. For example, one house that sold in McLean last month was priced at $775,000 and it went in 6 days.
See the table below for additional information on May's single family home sales in McLean. Data is gleaned from the MRIS.

Want to search the MLS for free immediately? Click here.
Want a free market analysis of the value of your home? Click below.
Share this Post:
Trackback URL: http://www.craigsrealtylist.com/trackback/mclean-s-may-single-family-home-report-total-sales-down-signficantly-but-prices-up.html







Trackbacks (0)
Comments (0)