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McLean Real Estate Market

Posts filed under McLean Real Estate Market

McLean's February Condo Sales Up, Prices Down
1 week, 5 days ago

More condos sold in McLean (12) than any of the previous five Februaries.  Also, the median days on the market in February was the least since February 2006, at the height of the market.  Both indi...

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February's Snow Doesn't Damper McLean's Single Family Home Sales
1 week, 6 days ago

Despite four snow storms in a row that essentially closed everything in the Metropolitan D.C-area down for nearly two weeks, real estate sales still occurred.  In February, 14 single family homes i...

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Even Senators Can Get Caught In A Market Correction
3 weeks ago

Senator Kay Bailey Hutchinson Home McLean VA Craig RichardsonI ran across an interesting tidbit from the Dallas Morning News about Kay Bailey Hutchinson, the senior senator from Texas who is currently running for Governor of that state this fall. 

Coming in...

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McLean's January 2010 Condo Sales A Mixed Bag
on 02/08/10

While the January 2010 single family and townhome sales activity show real positive signs for the local market, the condo sales last month didn't indicate much progress and was similar to the Janua...

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Last Month's McLean Townhouse Sales One of the Strongest Januaries in 5 Years
on 02/04/10

The market for townhouses last month was arguably the strongest of any of the past five Januaries.  Comparing January 2010 to the four previous Januaries, the 7 that sold was the most, edging out J...

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January 2010 McLean Single Family Home Sales Signal A Return to Normalcy
on 02/01/10

The most startling piece of information when examining the January sales for single family homes in McLean over the past 5 years is how low the January 2009 market fell.  In January 2009, only 15 s...

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McLean 2009 Condo Sales Point to Strengthening Market
on 01/20/10

Like townhouse sales in 2009, the median days on the market for condos in McLean last year was the shortest than any of the previous years going back to 2006.  Condos stayed on the market a median ...

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McLean Townhouses Sell Quickly 2009 While Prices Continue to Drop
on 01/18/10

In 2009, townhouses in McLean stayed on the market the shortest median days in the past 4 years.  The 49 DOMP in 2009 was nearly half as long as the 92 median DOMP that townhouses stayed on market ...

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Upcoming Events at the McLean Community Center
on 01/16/10

 

It's not too early to start planning for the 2010 McLean Day.  The date is Saturday, May 15 at the usual Lewinsville Park location.  Click here for McLean Day 2010 Exhibitor Application or click...

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McLean 2009 S.F. Home Sales Report: Number Sold Up, Prices Down
on 01/14/10

With the downturn in real estate starting in 2007 and the stock market crash just prior to the 2008 elections, people were wondering how this would impact a high-end area like McLean where home val...

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December 2009 Condo Sales Shows Short DOM
on 01/10/10

More good news for the McLean real estate market.  The December condo sales in McLean over the past 4 years did not change dramatically, except for how long they stayed on the market.  The median...

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McLean's December Townhouse Sales Very Solid
on 01/08/10

According to data gleaned from MRIS, in December, 9 townhouses sold in McLean, which is more than any of the three previous Decembers.  5 townhouses sold in December 2008, 4 in December 2007, and 7...

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McLean Single Family Sales Strong in December
on 01/06/10

The December 2009 sales for single family homes in McLean continues to signal a strengthening local market.  In total, 33 single family homes were sold in December 2009 compared with 26 sold in Dec...

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Silver Line to Drive Up Tysons Corner Condo Prices?
on 01/02/10

Tysons Corner Metro Expansion McLean, VA Craig RichardsonWith the extension of the Metro through Tysons Corner and out to Dulles Airport, several condominium complexes are now poised to suddenly have the Metro in walking distance.  According to NBC Washi...

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Metro Adds Extra King St. to Tysons Bus
on 12/29/09

In their ongoing attempt to ease traffic congestion, Metro announced they would be adding a limited-service bus to the King Street-Tysons Corner route (28) in order to "speed travel."  According to...

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Super Saturday?
on 12/22/09

McLean VA Tysons Corner Shopping Spree Craig RichardsonI've heard of Black Friday and Super Bowl Sunday, but did you know there is now something called "Super Saturday"?  Apparently the last Saturday before Christmas is called "Super Saturday," because...

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McLean's November Condo Sales Indicate Strong Market
on 12/14/09

The most encouraging news when looking at the November 2009 McLean Condo sales versus the previous three Novembers is how short the properties were on the market.  Condos that sold in November 2009...

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McLean's November Townhouse Sales Show Further Evidence of Recovery
on 12/11/09

With a low number of townhouse developments in general, gleaning real estate market trends from townhouse sales in McLean can be difficult.  November is also a month when sales typically start slow...

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McLean November Single Family Home Sales Solid
on 12/04/09

In November, 36 single family homes sold in McLean, up from 21 in November 2008 and essentially identical to the November 2007 figures, when 37 sold.  In November 2006, only 20 single family homes ...

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McLean Mustangs End Season with Appreciation Dinner Tomorrow Night
on 12/02/09

Well, you can put the 2009 McLean Mustangs Football season in the bank after tomorrow night.  We are hosting an appreciation dinner for our coaches, Team Moms, and other volunteers.  The dinner wil...

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McLean Single Family Median Sold Price Skyrockets in October 2009
on 11/06/09

In October 2009, 24 single family homes closed in McLean, with a median list price of nearly $1.6 million and a median sold price of $1.47 million.  Both the median list and sold prices are signifi...

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McLean High End Home Market Stabilizes
on 10/22/09

With the downturn in the real estate market and the worsening economy last year, not surprisingly, the homes which tended to do the best were the entry level price points.  This was true in McLean ...

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McLean Condos Market Strong in September
on 10/08/09

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 clos...

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McLean September Townhouse Sales Hold Steady
on 10/07/09

With its limited number of townhome developments, the McLean townhouse market is not as active as its single family home market.  An examination of the number of townhouses that closed in September...

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McLean Single Family Home Market Rocks in September
on 10/02/09

From examining McLean single family home sales that closed in the last four Septembers,  it is clear that at least here, the housing market downturn has hit bottom and is now clearly on its way bac...

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McLean Single Family Market Solid But Prices Down
on 09/10/09

After examining the MRIS data of McLean single family homes sold between January 1 and August 31 in 2006, 2007, 2008, and 2009, two things jump out.  The first is that the percentage of homes liste...

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