Comparison of Withdrawn and Expired Listings for McLean VA 22102

	Withdrawns and Expireds
	9/30/2009-	9/30/2010-	Percent
List Price Range	3/31/2010	3/31/2011	Difference

$700,000-$899,999	4	10	150%
$900,000-$1,199,999	12	11	-8%
$1,200,000-$1,499,999	8	10	25%
$1,500,000-$1,999,999	2	12	500%
$2,000,000-$2,499,999	7	1	-86%
$2,500,000-$2,999,999	3	5	67%
$3,000,000+	3	3	0%

From quarter end 3/31/10 to quarter end 3/31/11, the number of withdrawn and expired listings for the price range of $700,000-$899,000 increased from 4 to 10 (or more than double), and for the price range of $1,200,000-$1,499,999 increased from 2 to 12 (or six times). This indicates that more sellers are not getting the prices that they expect and are taking them off of the market.

For the price range of $2,000,000 – $2,499,999, the number of withdrawn and expired listings dropped from 7 to 1. This indicates that more sellers are getting the price that they expect for their houses.

Tania Hosmer

Tania grew up in Northern Virginia and is a life long resident of the area. She has lived in McLean, Virginia with her husband and 2 children since 2001. She holds a bachelor’s degree in Physics from Mary Washington College and an MBA in Finance from The George Washington University. Tania began her real estate career over 20 years ago. In addition to real estate sales, her experience includes managing residential renovation projects in the greater Washington area, planning and overseeing new residential construction and managing rental properties. After completing her MBA in 1996, she joined CIG International (a Washington-based residential real estate investment firm) as Vice President where she conducted extensive due diligence investigations of real estate investment opportunities and oversaw ongoing investment projects. Tania became a residential real estate agent in 2006.

McLean Real Estate News