| 2008 | 2007 | % Change | |
|---|---|---|---|
| Total Sold Dollar Volume: | $ 500,977,389 | $ 603,372,395 | - 16.97 % |
| Average Sold Price: | $ 466,894 | $ 528,347 | - 11.63 % |
| Median Sold Price: | $ 400,000 | $ 474,200 | - 15.65 % |
| Total Units Sold: | 1,073 | 1,142 | - 6.04 % |
| Average Days on Market: | 107 | 84 | 27.38 % |
| Average List Price for Solds: | $ 504,723 | $ 550,674 | - 8.34 % |
| Avg Sale Price as a percentage of Avg List Price: |
92.51 % | 95.95 % |
fairfax county homes: FAIRFAX COUNTY, VIRGINIA REAL ESTATE - IT’S TIME TO BUY! YES! IT’S TIME TO BUY! - 02/24/08 12:39 PM FAIRFAX COUNTY VA REAL ESTATE. YES! It’s Time To Buy! It’s Time To Buy!Help for relocating home buyers whether moving across town or across the country. FAIRFAX COUNTY HOME BUYERS: We’ve compiled the facts and statistics for you to show that it is, indeed, a good time to buy a home … (13 comments) |
| fairfax county homes: FAIRFAX COUNTY TOWN HOMES FOR SALE - POPULAR PRICED AT $500,000 TO $600,000. - 01/13/08 08:41 AM FAIRFAX COUNTY REAL ESTATE IN FAIRFAX COUNTY, VIRGINIA - TOWN HOMES / TOWN HOUSES IN FAIRFAX. CONSIDER THE VALUE IN TOWN HOMES. TOWN HOMES CAN BE A WONDERFUL WAY TO BUY AND OWN A HOME IN A COMMUNITY IN FAIRFAX COUNTY, VIRGINIA. Townhomes in Fairfax County sell for approximately 60% of the price … (0 comments) |
| fairfax county homes: FAIRFAX COUNTY HOMES, FAIRFAX COUNTY VA REAL ESTATE MARKET - 12/30/07 06:23 AM FAIRFAX COUNTY VIRGINIA HOMES FOR SALE, FAIRFAX COUNTY VA REAL ESTATE Fairfax County VA real estate is a high volume, high price range real estate area. Most luxury home communities for Northern Virginia are located there. Great Falls, McLean and Vienna are known luxury homes areas. Average Price in Great Falls … (2 comments) |
| fairfax county homes: REAL ESTATE NEWS IS TELLING ONLY HALF THE REAL STORY ABOUT THE MARKET - 12/13/07 02:15 PM WHAT IS THE REAL NEWS? IS PRICE THE REAL STORY? OR IS VOLUME THE REAL STORY? Daily news items and agents’ market reports that report monthly sales are telling only half of the story about the real estate market. SPREAD THE WORD. The real story about the real estate market is not the … (58 comments) |
| fairfax county homes: MARYLAND REAL ESTATE MARKET REPORT FOR SINGLE FAMILY HOMES SOLD IN OCTOBER 2007 - 11/09/07 07:30 PM MARYLAND SINGLE FAMILY HOMES SOLD in Maryland in October 2007. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Anne Arundel Homes Sold in October 2007.These stats represent Detached Single Family Homes Settled.225 Homes SoldHighest Price - $3,550,000Lowest Price - $109,900Average Price - $532,494 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Baltimore County Homes Sold in October 2007.These stats represent Detached Single Family Homes Settled.311 Homes SoldHighest Price - … (2 comments) |
| fairfax county homes: FAIRFAX COUNTY, VIRGINIA MARKET REPORT - September 2005, 2006, 2007 - 10/22/07 05:05 PM DON’T TAKE MY WORD FOR IT. NUMBERS DON’T LIE. Below are the stats reported by the MLS for a county in my market area, Fairfax County, Virginia. I selected the Fairfax County real estate market because it is one of the areas local agents use to show that the market in Fairfax … (6 comments) |
| fairfax county homes: FAIRFAX COUNTY HOMES - SOLD 2007 - 07/11/07 03:36 PM JUNE 2007 MARKET REPORT FOR FAIRFAX COUNTY, VIRGINIAHOT OFF THE PRESS FOR FAIRFAX COUNTY, VIRGINIA. June statistics are showing few changes in the downward trend for pricing and an upward trend for “days on the market”. Homes ARE selling, just selling very slowly. Price is the #1 barrier to sale although … (2 comments) |
| fairfax county homes: FAIRFAX COUNTY VIRGINIA REAL ESTATE MARKET IN JUNE 2007 - 06/21/07 04:14 PM A PROFILE OF ACTIVE LISTINGS AND HOMES SOLD IN FAIRFAX COUNTY - MAY-JUNE 2007 ACTIVE LISTINGS DETACHED SINGLE FAMILY HOMES IN FAIRFAX COUNTY - JUNE 2007CITY # Homes On Market Average Price Fairfax County 3941 $910,523Alexandria 644 $721,648Annandale 201 $732,379Centreville 163 $652,335Fairfax City 404 $785,718Herndon 297 $604,505McLean 283 $2,089,850Oakton 76 $1,171,660Reston 100 $707,486Springfleld 461 $571,941Vienna 277 $1,001,409SINGLE FAMILY Homes SOLD in Fairfax County - May, … (4 comments) |
| fairfax county homes: MARKET REPORT FOR HOMES SOLD IN COUNTIES IN NORTHERN VIRGINIA JAN-FEB, 2007 - 03/27/07 06:06 PM COUNTY SALES REPORTS FOR PROPERTIES IN VIRGINIA MARKET STATISTICS FOR January and February 2007 SALES FOR HOMES IN THE NORTHERN VIRGINIA REAL ESTATE MARKETFEBRUARY 2007 COMPARED WITH JANUARY 2007 and the Days On The Market (DOM). The average price for homes sold in Fairfax County VA in January 2007 was $531,143, DOM 106.The price for homes in … (0 comments) |
| fairfax county homes: REAL ESTATE IN FAIRFAX COUNTY, VIRGINIA - A GUIDE FOR CONSUMERS - 12/26/06 12:45 PM MARKET REPORT FOR REAL ESTATE IN FAIRFAX COUNTY, VIRGINIAHISTORY of FAIRFAX COUNTY, VIRGINIAThe history of Fairfax County cannot be separated from the history of our republic and the history of George Washington and George Mason. It was these men who led the American Patriots to freedom andset the United States of … (12 comments) |
| fairfax county real estate: FAIRFAX COUNTY TOWN HOMES FOR SALE - POPULAR PRICED AT $500,000 TO $600,000. - 01/13/08 08:41 AM FAIRFAX COUNTY REAL ESTATE IN FAIRFAX COUNTY, VIRGINIA - TOWN HOMES / TOWN HOUSES IN FAIRFAX. CONSIDER THE VALUE IN TOWN HOMES. TOWN HOMES CAN BE A WONDERFUL WAY TO BUY AND OWN A HOME IN A COMMUNITY IN FAIRFAX COUNTY, VIRGINIA. Townhomes in Fairfax County sell for approximately 60% of the price … (0 comments) |
| fairfax county real estate: FAIRFAX COUNTY HOMES, FAIRFAX COUNTY VA REAL ESTATE MARKET - 12/30/07 06:23 AM FAIRFAX COUNTY VIRGINIA HOMES FOR SALE, FAIRFAX COUNTY VA REAL ESTATE Fairfax County VA real estate is a high volume, high price range real estate area. Most luxury home communities for Northern Virginia are located there. Great Falls, McLean and Vienna are known luxury homes areas. Average Price in Great Falls … (2 comments) |
| fairfax county real estate: FAIRFAX COUNTY, VIRGINIA MARKET REPORT - September 2005, 2006, 2007 - 10/22/07 05:05 PM DON’T TAKE MY WORD FOR IT. NUMBERS DON’T LIE. Below are the stats reported by the MLS for a county in my market area, Fairfax County, Virginia. I selected the Fairfax County real estate market because it is one of the areas local agents use to show that the market in Fairfax … (6 comments) |
| fairfax county real estate: FORECLOSURES IN FAIRFAX COUNTY, VIRGINIA LISTED FOR SALE, FAIRFAX COUNTY REAL ESTATE - 09/21/07 10:16 AM FORECLOSED HOMES IN FAIRFAX COUNTY LISTED FOR SALE ABOUT 146 DETACHED SINGLE FAMILY HOMES THAT HAVE BEEN FORECLOSED, ARE BANK OWNED AND ARE LISTED FOR SALE.Market report for properties that have been through the foreclosure process and are bank owned.Foreclosed properties are located throughout Fairfax County real estate.FORECLOSURES Fairfax County Properties are located … (3 comments) |
| fairfax county real estate: FAIRFAX COUNTY HOMES FOR SALE, AVERAGE PRICES IN NORTHERN VIRGINIA - 07/20/07 08:54 AM HOMES IN FAIRFAX COUNTY ARE PRICED USING THE FOLLOWING CRITERIA: 1. DISTANCE TO WASHINGTON, D.C.2. PUBLIC SCHOOL RANK3. PROXIMITY TO DULLES AIRPORT4. PRICE OF HOMES IN DIFFERENT AREAS OF FAIRFAX COUNTY5. PROXIMITY TO HIGH TECH EMPLOYERS6. PROXIMITY TO METRO TRAIN STATIONS Driving distances from Fairfax City TO Capitol Hill in Washington, D.C. Burke - 18 … (2 comments) |
| fairfax county real estate: FAIRFAX COUNTY VIRGINIA REAL ESTATE MARKET IN JUNE 2007 - 06/21/07 04:14 PM A PROFILE OF ACTIVE LISTINGS AND HOMES SOLD IN FAIRFAX COUNTY - MAY-JUNE 2007 ACTIVE LISTINGS DETACHED SINGLE FAMILY HOMES IN FAIRFAX COUNTY - JUNE 2007CITY # Homes On Market Average Price Fairfax County 3941 $910,523Alexandria 644 $721,648Annandale 201 $732,379Centreville 163 $652,335Fairfax City 404 $785,718Herndon 297 $604,505McLean 283 $2,089,850Oakton 76 $1,171,660Reston 100 $707,486Springfleld 461 $571,941Vienna 277 $1,001,409SINGLE FAMILY Homes SOLD in Fairfax County - May, … (4 comments) |
| fairfax county real estate: MARKET REPORT FOR HOMES SOLD IN COUNTIES IN NORTHERN VIRGINIA JAN-FEB, 2007 - 03/27/07 06:06 PM COUNTY SALES REPORTS FOR PROPERTIES IN VIRGINIA MARKET STATISTICS FOR January and February 2007 SALES FOR HOMES IN THE NORTHERN VIRGINIA REAL ESTATE MARKETFEBRUARY 2007 COMPARED WITH JANUARY 2007 and the Days On The Market (DOM). The average price for homes sold in Fairfax County VA in January 2007 was $531,143, DOM 106.The price for homes in … (0 comments) |
| fairfax county real estate: Fairfax County Real Estate, Virginia homes for sale. - 03/18/07 06:18 PM Fairfax County homes for sale. With 395 Square Miles, the FAIRFAX County real estate market offers a wide variety of prices and styles for home buyers. Popular and highly ranked public schools and convenience to D.C. and Northern Virginia high tech employment market are some of the attractions to this important real … (3 comments) |
| fairfax county real estate: ABOUT THE CHANGING REAL ESTATE MARKET IN NORTHERN VIRGINIA - 02/03/07 08:19 PM IT WAS A PERFECT STORM, JOBS - TRANSPORTATION - HOUSINGA funny thing happened to the demographics of Northern Virginia real estate beginning about 1993 to 2000 and continuing on today. * High tech industry came to Northern Virginia with the expansion of the Internet. * Smart government investment in highway … (1 comments) |
| fairfax county real estate: REAL ESTATE IN FAIRFAX COUNTY, VIRGINIA - A GUIDE FOR CONSUMERS - 12/26/06 12:45 PM MARKET REPORT FOR REAL ESTATE IN FAIRFAX COUNTY, VIRGINIAHISTORY of FAIRFAX COUNTY, VIRGINIAThe history of Fairfax County cannot be separated from the history of our republic and the history of George Washington and George Mason. It was these men who led the American Patriots to freedom andset the United States of … (12 comments) |
When considering buying a home in McLean, VA, buyers should be aware of not only the price that similar homes in the area sold for, but also the details of the most recent homes SOLD. Buyers should consider how long a home has been on the market listed for sale, what was the original list prices of homes that sold and how a seller subsidy affected the NET proceeds.
LUXURY HOMES IN MCLEAN VIRGINIA
Homes for sale in The Reserve in McLean, McLean’s premier luxury home community.
| City | ListPrice | Lot Acres | BR | BathsAll | Fpl | # Gar |
The listings below reflect detached single family homes that sold from December 1, 2007 to January 21, 2008.
| List Price | Original Price | SOLD Price | Subsidy | DOMP |
UNDERSTANDING THE MCLEAN REAL ESTATE MARKET
LUXURY HOME IN MCLEAN IN THE $1,600,000 PRICE RANGE
MAP OF MCLEAN VIRGINIA
SEARCH ACTIVE LISTINGS OF HOMES FOR SALE IN MCLEAN.
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail Lenn.
Average Price in Great Falls is $2,014,303.
Average Price in McLean is $2,377,364.
Average Price in Vienna is $1,018,141.
Example of home in Centreville, Lorton, Fairfax City areas in the $1,000,000 price range.
Many home buyers in these price ranges will have private financing, high down payments or pay cash. However, home buyers in average price ranges are now finding financing more difficult without significant down payments. First time home buyers seeking the convenience of Fairfax County to employment locations in Washington, D.C. or Tysons Corner, the Dulles Corridor or close-by Montgomery County, MD will have a difficult time locating in Fairfax County.
The average price for a detached single family homes in Fairfax County is about $680,826. The average income for a family in Fairfax County is about $110,000.
Towns with homes in the price range of first time homee buyers for real estate in Fairfax County include, Alexandria, Annandale, Centreville, Fairfax Station, Herndon, Lorton, Springfield and Vienna.
Metro stops are located in Alexandria, Annandale, Lorton, Springfield and Vienna.
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail
Fairfax County VA real estate is a high volume, high price range real estate area. Most luxury home communities for Northern Virginia are located there. Great Falls, McLean and Vienna are known luxury homes areas.
Average Price in Great Falls is $2,014,303.
Average Price in McLean is $2,377,364.
Average Price in Vienna is $1,018,141.
Many home buyers in these price ranges will have private financing, high down payments or pay cash. However, home buyers in average price ranges are now finding financing more difficult without significant down payments. First time home buyers seeking the convenience of Fairfax County to employment locations in Washington, D.C. or Tysons Corner, the Dulles Corridor or close-by Montgomery County, MD will have a difficult time locating in Fairfax County.
The average price for a detached single family homes in Fairfax County is about $680,826. The average income for a family in Fairfax County is about $110,000.
Towns with homes in the price range of first time homee buyers in Fairfax County include, Alexandria, Annandale, Centreville, Fairfax Station, Herndon, Lorton, Springfield and Vienna.
Metro stops are located in Alexandria, Annandale, Lorton, Springfield and Vienna.
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