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McLean, VA Real Estate News

By Are Andresen, Northern Virginia Real Estate
(Soldsense - your sixth sense in real estate)
The sales activity in 2010 at the Gates of McLean is on track to be better than in 2009. With the metro and new noise barriers being constructed the community is just getting more and more attractive. There were 18 homes sold in 2009 - in the first half of this year 13 units sold - likely at least partially due to the homebuyer credit. The lowest price was a 1br/1ba foreclosure at $193,000. The highest price was a renovated 3br/2ba property with granite countertops at $368,000. The sales mix changed from 2009 to the first half of 2010. In 2009 about 40% of the sales were foreclosures or short sales. This year about 30% are - we will have to wait until the end of the year to see what the final mix will be.  The 2009, the average sales prices were:1 bedroom unit = $212,6672 bedroom unit =...
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By Are Andresen, Northern Virginia Real Estate
(Soldsense - your sixth sense in real estate)
The sales activity at the Fountains of Mclean has great in the first half of 2010. There were 18 homes sold the first half this year versus 23 homes sold in all of in 2009. The lowest price were two 1br/1ba units that sold for $202,000. The highest price was a 2br/2ba property at $337,000. The sales mix has changed this year. In 2009 about 35% of the sales were foreclosures or short sales. Up to this point in 2010, only 6% of the sales were foreclosures or short sales. More specifically, no foreclosures and one short sale the first half of this year. The 2009 average price for a 1 bedroom unit was $210,042. The 2009 average price for a 2 bedroom unit was $309,150.In the first half of 2010 the average price for a 1 bedroom unit was $216,979 and for a 2 bedroom unit it was $309,000. So, p...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
Are you wondering about Northern Virginia real estate and pondering what has sold recently? Here's some information about the most expensive home sales in Northern Virginia (Arlington County, Alexandria City, Fairfax City, Fairfax County, and Falls Church City) for June 2010.  All information was obtained through MRIS. Overall, there were 134 Northern Virginia home sales topping $1 million during June 2010, more than double the 62 that sold in May 2010!  More than double!:  It seems that the luxury market in Northern Virginia is heating up (with the weather). Currently, there are 805 homes on the market in Northern Virginia with list prices topping $1 million. JUNE 2010'S MOST EXPENSIVE SALES Single Family Detached Homes: 7029 Benjamin Street, McLean, VA 22101 -- Sold on June 11th for $...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
The picture above is the Harris Teeter supermarket at the base of the Park Crest condos in Tysons Corner, McLean, VA.  Photo credit wfyurasko 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 the end of May through now: MCLEAN VIRGINIA HOME SALES: Active homes for sale:  187 -- 38 of those have just come on the market within the last 30 days!  Average listing price: $1,812,592 McLean Homes sold in the last 30 days:  32 Average Sales Price:   $948,448 Median Sales Price:     $800,000 Average Days on Market:  67 Average Sales Price/Original Listing Price:  93.21%.  There's still some negotiating room on home sales in McLean Virginia. Interesting Notes:  116 of the 187 McLean homes on the market or o...
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By Craig Richardson
(National Realty)
See Craig's Blog for a report on McLean's May 2010 condo sales.
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By Robert The Earl of Real Estate, The Earl of Real Estate
(St Pete LUXE Living Group)
If you are looking for McLean VA Condos for Sale you should consider visiting and using The Earl of Real Estate™ Team website for your search of McLean VA Condos.McLean is located in Northern Virginia just west of Washington, DC.The Earl of Real Estate™ site has an entire section dedicated to the McLean VA Real Estate market and condo communities.With the site you can search for Featured Listings, Search by Street Name that a property is located on.  The site also has pre-built searches for homes and condos for sale listed by Elementary Schools, Middle Schools & High Schools.  Another popular search feature is the ability to search by price range.Condos and Houses are also listed by Zip Codes, Year Built and grouped by Subdivision.The site has a list of the main condo communities in McL...
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By Robert The Earl of Real Estate, The Earl of Real Estate
(St Pete LUXE Living Group)
This is a Snapshot for the McLean VA Real Estate market taken on 06-06-2010. The overall Report shows the top communities, the featured listings, the most expensive and most affordable listing all with Prices & Days on Market. Just click on any of the links to view more details of the communities or individual listings for McLean VA. This chart below gives a snapshot of the most active McLean VA Real Estate home & condos communities for sale listed by neighborhood, snapshot taken 06-06-2010. The Report shows the Number of Listings, the Average List Price for the subdivision and the Average Days on Market. Just click on the link for the particular McLean VA Neighborhoods | Subdivisions for the complete list of MLS Listings of McLean Virginia Homes & Condos for Sale. Neighborhood / Subdi...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
As of today, June 5, 2010, there are 192 homes on the market for sale in McLean, Virginia (inventory is way down from the 397 that were on the market in McLean at this time last year!).  38 of these McLean homes were listed for sale within the last 30 days This chart shows the current inventory, number of pending sales and average list price sorted by neighborhoods within McLean:   McLean Virginia Neighborhood # of Homes Available Pending Sales Average Listing Price Ashley 2 - $4,399,500 Ballantrae Farms 1 - $3,487,637 Chesterbrook 7 3 $1,180,271 Evans Farm 7 1 $2,135,857 Fountains at McLean 7 7 $281,714 Franklin Park 6 1 $1,636,333 Langley Farms 2 - $6,332,500 Langley Forest 4 2 $3,521,250 Lillian Court at Tysons 5 2 $355,160 McLean Chase 2 - $194,450 McLean Place 3 - $846,567 Palladi...
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By Robert The Earl of Real Estate, The Earl of Real Estate
(St Pete LUXE Living Group)
This is a Snapshot for the McLean VA Real Estate market taken on 05-22-2010. The overall Report shows the top communities, the featured listings, the most expensive and most affordable listing all with Prices & Days on Market. Just click on any of the links to view more details of the communities or individual listings for McLean VA. This chart below gives a snapshot of the 22 most active McLean VA Real Estate home & condos communities for sale listed by neighborhood, snapshot taken 05-22-2010. The Report shows the Number of Listings, the Average List Price for the subdivision and the Average Days on Market. Just click on the link for the particular McLean VA Neighborhoods | Subdivisions for the complete list of MLS Listings of McLean Virginia Homes & Condos for Sale. Neighborhood / Su...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
Drive around Tysons Corner and you'll notice a few things: 1.  There's a lot of construction -- Metro is finally coming -- it's a reality.  Click here to read a recent update about the Dulles Corridor Metro Extension. 2.  There's a lot of shopping -- With Tysons Corner Center and Tysons Galleria, there's more retail in this dense area of Northern Virginia than almost anywhere else in the country. 3.  There's a lot of offices -- Close proximity to D.C. and favorable economic conditions and incentives from Fairfax County have created a major employment center with company headquarters, law firms, major consulting firms, etc. locating themselves in Tysons Corner. Tysons Corner is billed as the downtown of Fairfax County. If you are relocating to Northern Virginia and work for an accounting...
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By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
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 April through now: MCLEAN VIRGINIA HOME SALES: •·     Active homes for sale:  192 -- 44 of those have just come on the market within the last 30 days!  •·     McLean Homes sold in the last 30 days:  34 •·     Average Sales Price:   $973,009 •·     Median Sales Price:     $785,000 •·     Average Days on Market:   72 -- Due to the higher price range than most Northern Virginia markets, McLean homes are taking a little longer to sell than other areas. •·     Average Sales Price/Original Listing Price:  95.90%.  There's still some negotiating room on home sales in McLean Virginia. Interesting Notes:  112 of the 192 McLean homes on the market or ove...
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By Ellen Crawford, Alpharetta Real Estate Agents & Alpharetta REALTOR
(Maximum One Executive REALTORS®)
McLean VA Luxury Homes For Sale Searching for McLean VA luxury homes for sale?  Your timing is perfect.  For the most part this  is still a "Buyer's market!"  There are some great opportunities out there in the McLean Luxury homes real estate market,  Buyers want ot buy and sellers want to sell.  The timeing is right.  Mortgage rates are excellent right now.   However, it is importnat to note...that even the worst buyers markets do not last forever. Real estate is no diffrerent than other investments.  So buying a McLean VA luxury home or property is a matter of timing.  It is sort of like the stock market when the Down Jones average plummeted to the 6000 range....it isn't there anymore.  If you did not buy then, you may have missed the boat all together.  So you better hurry.  There ma...
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By Robert The Earl of Real Estate, The Earl of Real Estate
(St Pete LUXE Living Group)
The Top 22 most expensive Mclean VA Real Estate listings for sale with subdivision, snapshot taken 05-16-2010. Just click on the link for the particular Mclean VA Neighborhoods | Subdivisions or the property address for the complete MLS Listings. Address - City MLSNumber Subdivision List Price 1322 Balls Hill Rd Ne, Mclean, VA FX7161381 Elmwood Ests 17,500,000 0 Sorrel St, Mclean, VA FX7171951 Langley Forest 10,500,000 1132 Chain Bridge Rd, Mclean, VA FX7097145 Langley Farms 10,000,000 710 Bulls Neck Rd, Mclean, VA FX6769695 Bulls Neck Hundred 8,995,000 9050 Falls Run Rd, Mclean, VA FX6790005 Difficult 8,750,000 7024 Green Oak Dr, Mclean, VA FX7166863 River Oaks 6,290,000 1174 Old Tolson Mill Rd, Mclean, VA FX7221968 Ash Grove 5,750,000 880 Centrillion Dr, Mclean, VA FX7277106 Garfield...
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By Robert The Earl of Real Estate, The Earl of Real Estate
(St Pete LUXE Living Group)
Luxury comes in various shapes and sizes. These communities contain the most expensive McLean VA Real Estate. This report -based upon data collected on 05-13-2010 showing the most expensive communities in McLean VA. The Report shows the Number of Listings, the Average List Price for the subdivision and the Average Days on Market. In order for a community to be included into this report, it has to have a minimum of 4 active listings. Click on the link for the particular McLean VA Neighborhoods | Subdivisions for the complete list of Affordable MLS Listings of McLean Virginia Homes & Condos for Sale. Neighborhood / Subdivision - City Number orListings Average ListPrice AverageDays onMarket Chesterbrook Woods, McLean, VA 4 920,750 84 Evans Farm, McLean, VA 4 1,868,250 371.5 Franklin Park,...
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By Craig Richardson
(National Realty)
Please visit Craig's Blog for a post explaining my candidacy for the McLean Community Center Governing Board.  The election is this Saturday at Lewinville Park during McLean Day.
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By Craig Richardson
(National Realty)
Visit Craig's Blog for the latest market report on condo sales in McLean for April 2010.
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