McLean Virginia: How Long To Sell Your Home and Are Prices Rising?

If you’re looking to buy or sell real estate in McLean, VA in 2016, you may be wondering how long homes are on the market and whether prices are up or down.

First, let’s look at what happened in 2014:

  • Average Days on Market: 86 days (up from 64 days in 2014 and 72 days in 2013)
  • Average Sold Price: $1,004,378 (down from $1,054,174 in 2014 and $1,094,034 in 2013)
  • Average Sold Price as % of List Price: 92.3% (down from 95.7% in 2014 and 96.8% in 2013)
  • Percent of Homes Sold in 10 Days or Less: 27% (down from 35% in 2014)

Now, to get an even better sense of what’s happening in the real estate market, go to our web site for up-to-date McLean VA housing stats on the most recent month as compared to the five year average. This will indicate what the current trends are.

(Special Info For Sellers of Million Dollar Homes)

Call The Belt Team at (703) 242-3975 if you would like to buy or sell in McLean, VA.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s