High End Homes in McLean Selling | Arlington Real Estate News

Almost 30 homes over $1M sold in July, leading an increase in average and median sales prices in McLean last month. A total of 73 homes sold, of which only 1 was a short sale. Prices in 22101 averaged an 11% increase over July 2011, and average sale price was 97.9% of the original list price. In 22102, average prices were up over 25% and selling on average for 95.4% of original list price.

22101

Single Family, Detached Homes
Average Net Sale Price: $1,114,356 after 77 days
Range: $542,000 ? $2,615,642
Median: $900,000 in 13 days

Townhomes
Average Net Sale Price: $704,750 after 39 days
Range: $526,000 ? $822,500

22102

Single Family, Detached Homes
Average Net Sale Price: $1,347,200 after 48 days
Range: $790,000 ? $3,150,000
Median: $1,165,000 in 14 days

1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $270,428 after 5 days
Range: $218,000 ? $376,390

2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $611,181 after 52 days
Range: $260,000 ? $1,192,950
Median: $367,500

*In circumstances where the average and the median prices differed greatly, I included both for your information.

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Source: http://arlingtonrealestatenews.com/high-end-homes-in-mclean-selling/?utm_source=rss&utm_medium=rss&utm_campaign=high-end-homes-in-mclean-selling

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