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November 26, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for McLean, Virginia

Reported by Alan Bruzee and Yvette Chisholm, Associate Brokers MD, DC, VA

Updated November 16, 2009.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

The under $1.25 million market for single family homes in McLean has been fairly steady all year. The inventory is decreasing in this sector and stagnant for homes over $1.25 million with 191 homes on the market in this sector. The average list price of a single family home in McLean is $1,853,844 the low list price is $198,000 and the high list price is $17,500,000.

For a FREE report on How to Sell Your Home Faster or
get an Instant Snapshot of Your Real Estate Market - go to my website www.ClientsRefer.com Remember, pricing combined with property condition is very important right now. A professional REALTOR can help you understand the delicate market and help you negotiate the best price and terms. My best advice is to hire an experienced sought after agent who understands your market.

It is important to note that the average sale prices and median home prices are increasing in the DC Metro Area. However, there are declines in neighborhoods that were overheated during the recent seller market.

There are many opportunities for buyers that were not available in the past five years. Sellers are cautioned to price their homes fairly and present them in the best condition possible BEFORE putting them on the market.

As a licensed Associate Broker, I would be delighted to speak with you and answer any questions that you have regarding real estate in Montgomery County, Northern Virginia, and the DC area.

If you would like an answer to real estate question - contact me anytime! Please visit my website www.ClientsRefer.com to find information about the area; search for homes; instant local market information; to receive automatic emails for new listings; and view our featured homes! I would be pleased to assist you with relocation questions or information too!


ZIP Codes: 22101, 22102, 22103, 22106, 22107, 22109, 22108, 22067

Location Characteristics: Conveniently located with easy access to Maryland, D.C., Virginia. Home of Tyson's Corner - serious shopping. Very affluent area with sought after schools.

For More Information:

View Market Conditions of other areas served by Alan Bruzee and Yvette Chisholm

Navigate: Top > Virginia > McLean

About Alan Bruzee and Yvette Chisholm:
Consistently Top Producing Associate Brokers, with Excellence in Customer Service, and National Sales Awards. Their reputation for integrity, honesty, and hardwork exemplifies their business philosophy.

Alan has been practicing for more than 30 years and owned and managed his own brokerage (Century 21), worked as an appraiser, and in new home sales during his career, and is an expert negotiator. Yvette holds the designations of Certified Residential Specialist, Graduate Realtor Institute, Accredited Buyer Representative, Seniors Real Estate Specialist, and e-PRO. She is a marketing expert and professionally certified as a business trainer and counselor. She is excellent at positioning and negotiating.

Both Alan and Yvette are Licensed Associate Brokers with Long ad Foster Real Estate,Inc. in Maryland, Virginia, and the District of Columbia.




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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