Posts Tagged ‘Market Trends for McLean

06
Apr
17

Market Analysis for McLean VA 22102

Market Analysis for McLean VA 22102

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$700,000-$899,999

SELLERS’ MARKET

The number of homes sold in this price range, including those under contract, is more than 2 1/2 times the number listed for sale, and thus appears to favor sellers.

$900,000-$1,199,999

SELLERS’ MARKET

The number of homes sold in this price range, including those under contract, is almost double the number currently on the market, and thus appears to favor sellers.

$1,200,000–$1,499,999

SELLERS’ MARKET

The number of homes sold in this price range, including those under contract, is 4 times the number of homes listed for sale, and thus appears to favor sellers.

$1,500,000-$1,999,999

BUYERS’ MARKET

The number of homes currently on the market is more than twice the number of homes sold and under contract, and thus appears to favor buyers.

$2,000,000-$2,499,999

BUYERS’ MARKET

The number of homes listed for sale in this price range, is 1 1/2 times the number sold, including those under contract, and thus appears to favor buyers.

$2,500,000-$2,999,999

BUYERS’ MARKET

The number of homes for sale in this price range is more than 4 times the number of homes sold and under contract, and thus appears to favor buyers.

$3,000,000 and up

BUYERS’ MARKET

The number of homes currently for sale in this price range is more than 3 times the number of homes sold and under contract, and thus appears to favor buyers.

 

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03
Sep
12

State of the McLean – Great Falls Real Estate Market – Quarter End 6/30/12

McLean Real Estate News

State of the McLean – Great Falls Real Estate Market

(12/31/11-6/30/12)

 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 12/31/11 – 6/30/12.  The following chart depicts the relationship between supply, demand and price.

Based on the current data, the real estate markets in our area can be characterized in one of three ways:

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

Balanced Market – An Equal Number of Active Listings (Supply) as compared to Sold and Under Contract Listings (Demand)

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

Table 1

Table 1

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“it’s not your father’s real estate market anymore” ®

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.

Contact Information:

Tania Hosmer
Keller Williams Realty
6820 Elm Street, Suite 100
McLean, Virginia 22101
cell: 703-403-8225
email: taniahosmer@gmail.com
website: www.taniahosmer.com

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Disclaimer:

If your home is currently listed with another broker, this is not intended as a solicitation of that listing.

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