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McLean's May Townhome Sales Remain Steady

Posted By Craig Richardson @ 5:29pm In: McLean Real Estate Market

Townhouse sales in McLean last month were on par with other Mays over the past five years.  The four that sold were similar to last year and 2006 but down from the seven that were sold in 2007 and 2008.  The median sold price of $795,000 was the second highest and only May 2006 saw a higher median sold price ($817,500).

The 47 days on the market last month was up significantly from last year's 10 days on the market, and was the second highest over the past 5 Mays.  Only in May 2007 (70) did townhouses stay on the market longer.

Please see the table below for additional information.  Data is gleaned from the MRIS.

May 2010 McLean  Townhouse Sales Report Craig Richardson

 

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Market Report McLean VA Craig Richardson

 

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