McLean Real Estate News

Open Houses in McLean, VA 22101 for Sunday, July 25

There are 32 open houses in the postal code area of 22101 in McLean, Virginia today (Sunday, July 25).  Below is a link to the listings:

 http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1582934X2DOF&p=DE-118203307-732

If you have any questions about these listings, please don’t hesitate to contact me at tania@hbgroup.us.

Open Houses in McLean, VA 22101 for Saturday, June 19

There are 2 open houses in the postal code area of 22101 in McLean, Virginia today (Saturday, June 19).  Below is a link to the listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1582934X2DOF&p=DE-114606921-636

If you have any questions about these listings, please don’t hesitate to contact me at tania@hbgroup.us.

Today’s Open Houses in McLean, VA 22102

I recently posted information on today’s open houses in the postal area code of 22102 of McLean, Virginia on my other blog site (http://reserverealestatenews.com).  Here is a link to the post:

http://reserverealestatenews.com/2010/06/13/open-houses-in-mclean-virginia-22102-today-61310/

If you have any questions about this post or any of the listings, please don’t hesitate to contact met at tania@hbgroup.us.

Open Houses in McLean, Virginia 22101 – Today (6/13/10)

There are 26 open houses in the postal code area of McLean, Virginia 22102 today (6/13/10).  Below is a link to a list of the properties by price which includes directions to the properties:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1582934X2DOF&p=DE-113977176-854

If you have any questions about the properties or want to visit any of them, please feel free to contact me at tania@hbgroup.us.

Market Analysis Comparison for 22102 (McLean, Virginia)

for the Past Three Quarters

 I recently posted a market analysis comparison for the postal code area of 22102 in McLean, Virginia on my other blog site for the quarters ending 9/30/09, 12/31/09 and 3/31/10.

Here is a link to that post:

http://reserverealestatenews.com/2010/06/09/market-analysis-comparison-for-22102-mclean-va/

If you have any questions about this post or about the McLean-Great Falls Market, please don’t hesitate to contact me at tania@hbgroup.us.

Market Analysis Comparison for 22101 (McLean, VA)

for the Past Three Quarters

I compared my last three market analyses for 22101 for the quarters ending 9/30/09, 12/31/09 and 3/31/10 and compiled the data first into a table, then charted the data.  I have attached two pdf files.  The first one has the comparison table and the tables from the past three quarters.  The second one is a chart of the data. 

Please refer to the links below:

comparison for 22101

22101 comparison chart

Summary of 22101 Comparison

• $700,000 – $899,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a stronger sellers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range became a weaker sellers’ market
• $900,000 – $1,199,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a stronger sellers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range became a weaker sellers’ market
• $1,200,000 – $1,499,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a stronger sellers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range became a weaker sellers’ market
• $1,500,000 – $1,999,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a stronger buyers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range became a balanced market
• $2,000,000 – $2,499,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range switched from a balanced market to a sellers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range became a balanced market again
• $2,500,000 – $2,999,999 –  between the third quarter of 2009 and the fourth quarter of 2009, this range switched from a buyers’ market to a balanced market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became a buyers’ market again
• $3,000,000+ – between the third quarter of 2009 and the fourth quarter of 2009, this range stayed a strong buyers’ market, but became a weaker strong buyers’ market.   Between the fourth quarter of 2009 and the first quarter of 2010, this range became a weaker buyers’ market and switched from a strong buyers’ market to a buyers’ market.

If you have any questions about this post or about the McLean-Great Falls real estate market, please don’t hesitate to contact me at tania@hbgroup.us.

Market Analysis Comparison for 22066 (Great Falls, VA)

for the Past Three Quarters

I compared my last three market analyses for 22066 for the quarters ending 9/30/09, 12/31/09 and 3/31/10 and compiled the data first into a table, then charted the data.  I have attached two pdf files.  The first one has the comparison table and the tables from the past three quarters.  The second one is a chart of the data. 

Please refer to the links below:

22066 Comparison

22066 comparison chart

Summary of 22066 Comparison

• $700,000 – $899,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a stronger sellers’ market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became a weaker sellers’ market
• $900,000 – $1,199,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a stronger sellers’ market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became a weaker sellers’ market
• $1,200,000 – $1,499,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a weaker buyers’ market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became a stronger buyers’ market
• $1,500,000 – $1,999,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a stronger buyers’ market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became an even stronger buyers’ market
• $2,000,000 – $2,499,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a weaker buyers’ market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became a stonger buyers’ market
• $2,500,000 – $2,999,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range became a weaker buyers’ market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became a stronger buyers’ market
• $3,000,000+ – between the third quarter of 2009 and the fourth quarter of 2009, this range became a stronger buyers’ market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became an even stronger buyers’ market

If you have any questions about this post or about the McLean-Great Falls real estate market, please don’t hesitate to contact me at tania@hbgroup.us.

McLean-Great Falls Market Analysis

(10/1/09-3/31/10)

Tables 1, 2 and 3 and Charts 1, 2 and 3 compare the number of active listings (the supply) to the number of properties sold or under contract (the demand) in the local real estate markets of McLean and Great Falls (zip codes 22101, 22102 and 22066) by price range for the period from 10/1/09 – 3/31/10.  Copies of these tables and charts are attached in a pdf file.  Below is a link to that pdf file:

First Quarter 2010 Analysis

Based on the balance, the markets can be characterized three ways:

Buyers’ Market – More Active Listings (Supply) than Sales and Under Contract Listings (Demand)

Balanced Market – An Equal Number of Active Listings (Supply) vs. Sales and Under Contract Listings (Demand)

Sellers’ Market – More Sales and Under Contract Listings (Demand) than Active Listings (Supply)

22101

• $700,000 – $1,499,999 – Sellers’ Market (fewer active listings than sold and under contract listings)
• $1,200,000 – $1,499,999 – If you factor in the withdrawn and expired listings, this range is balanced.
• $1,500,000 – $2,499,999 – Balanced Market (the number of active listings is equal to the number of sold and under contract listings) without factoring in the withdrawn and expired listings.  If people decide to put their withdrawn listings back on the market, the balance would shift to a Sellers’ Market.
• $2,500,000 and up – Buyers’ market (the number of active listings is greater than the number of sold and under contract listings)
• $3,000,000 and up – If you factor in the withdrawn and expired listings, the range becomes a strong buyers’ market.

22102

• $700,000 – $1,199,999 – Sellers’ Market
• $900,000 – $1,199,999 – If you factor in the withdrawn and expired listings, this range is balanced.
• $1,200,000 – $1,499,999 – Balanced Market (without factoring in the withdrawn and expired listings)
• $1,200,000 – $1,499,999 – The amount of withdrawn and expired listings could almost double the number of active listings and shift the market from balanced to a buyers’ market.
• $1,500,000 – $1,999,999 – Buyers’ Market
• $2,000,000 and up – Strong Buyers’ Market 
• $2,000,000 – $2,999,999 – There are 7 times the number of active listings as sold and under contract listings.
• $3,000,000 and up – There are 5 times the number of active listings as sold and under contract listings.

22066

• $700,000 – $899,999 – Sellers’ Market
• $900,000 – $1,199,999 – Balanced Market
• $1,200,000 – $2,999,999 – Buyers’ Market (If you factor in the withdrawn and expired listings, this range is a strong buyers’ market.)
• $3,000,000 and up – Strong Buyers’ Market (There are 4 times as many active listings as sold and under contract listings.)

In a few days, I will post a comparison of the past 3 quarters.

If you have any questions about the McLean-Great Falls real estate market, please don’t hesitate to contact me at tania@hbgroup.us.