In April 2022 in McLean Virginia, homes sold quickly and for top dollar. 41 McLean homes sold after spending an average of 38 days on market and a median of only 6 days on market. The average sale price in the McLean market was an impressive $2,185,883 and the median sale price was $2,110,000. If these stats are not shocking enough, homes sold for an average of 5.5% over the list price!
As you can see, the McLean Real Estate market, as of now, is still actively a seller’s market. You may have noticed that the recent rise in interest rates has caused a shift in the market, but I can tell you that despite the rising rates, houses are still selling, with multiple offers and for top dollar. Now I do not have a crystal ball, so I cannot tell you exactly where this means the market is headed, but looking at these stats you can see the McLean Market is still thriving. If you would like to know more I would be happy to answer any questions you have.
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