Realty Times - McLean, Virginia Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > McLean

Market Conditions Summary for McLean, Virginia

Reported by

Alan Bruzee and Yvette Chisholm
as of 3/21/2010:

The under $1.25 million market for single family homes in McLean has been fairly steady this year. The inventory is decreasing in this sector and stagnant for homes over $1.25 million with 119 homes on the market in this sector. The average list... MORE->
About Alan Bruzee and Yvette Chisholm

Reported by

Flo Nystrom
as of 3/15/2010:

Approaching April 2010 in the Northern Virginia Area, the $8,000 Tax Credit given as part of The Stimulus Package has resulted in an increase in sales as well as an increase in sale prices. As of November 7, 2009, the existing $8,000 Tax... MORE->
About Flo Nystrom

Reported by

Katie Loughney
as of 3/1/2010:

Within the last month McLean has seen 13 single family homes and 12 condos change hands. There were no townhomes that were sold. Closing prices for single family homes ranged from $600,000 for a 5 bedroom, 4 bath as-is home on .55 acres to $2.7... MORE->
About Katie Loughney

Reported by

Mark Ruckstuhl www.GiveItToMeClearly.com
as of 1/2/2010:

McLean currently has 78 properties UNDER CONTRACT. This shows significant signs that the market has priced itself right and that real estate is selling. Allow me to assist you in meeting your real estate goals. 703-282-2040. For Customer... MORE->
About Mark Ruckstuhl www.GiveItToMeClearly.com

Average Current Market Rating: 2.5 (4 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.8 (4 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Virginia > McLean

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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Mortgage Rates
30 Year Fixed: 4.95%
15 Year Fixed: 4.32%
1 Year Adj: 4.22%
(U.S. Weekly Averages)

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