Posts Tagged ‘real estate market trends in McLean Virginia 22102

24
Oct
11

Market Statistics – McLean VA 22101 – September 2011

Market Statistics – September 2011 – McLean, VA 22101

Statistic Values YoY MoM
Total Sold Dollar Volume $34,333,195 +83.2% -29.28%
Closed Sales 34 +88.89% -22.73%
Median Sold Price $837,000 -17.13% -11.19%
Avg Sold Price $1,009,800 -3.01% -8.48%
Avg Days on Market 58 days +28.89% -12.12%
Avg Sold to Orig List Ratio 94.2% +1.68% -1.16%

Inventory
Sep-11 Sep-10   % Change
Active Listings 187 167 11.98%
New Listings 77 49 57.14%
New Under Contracts 7 12 -41.67%
New Contingents 23 14 64.29%
New Pendings 30 26 15.38%
Total Pendings 40 50 -20%

If you have any questions about these statistics, would like to discuss them or current real estate market conditions, I follow the market trends very closely and would be happy to discuss them with you.  I can be reached by email at taniahosmer@gmail.com or phone at 703-403-8225.

10
Oct
11

Market Statistics – McLean VA 22102 – August 2011

Click to enlarge the below images for printing or a better view.

If you have any questions about these statistics or would like to discuss them or current real estate market conditions, I follow the market trends very closely and would be happy to discuss them with you.  I can be reached by email at taniahosmer@gmail.com or phone at 703-403-8225.

21
Jun
11

McLean, VA 22102 Housing Market – Comparative Analysis – Quarter End 3/31/10 vs. Quarter End 3/31/11

There is a popular saying among top economists:  “As goes housing, so goes the economy.”

Normally, nationwide housing and housing-related services account for about 15-19% of the Gross Domestic Product (GDP), depending on the year.  However, broad generalizations like, “It’s a great time to buy,” don’t even begin to tell the whole story, particularly here in Northern Virginia.  To further understand our local housing market, the statistics need to be compared from quarter to quarter or year to year, so that the average home owner and potential buyer can see the trends in the local housing market.

Hopefully, this analysis will provide you with a more detailed and accurate picture of what is happening in our local housing market.

Housing Market Comparative Analysis for McLean, VA 22102

Quarter End 3/31/10 vs. Quarter End 3/31/11

I compared my market analyses for McLean, VA 22102 for the quarters ending 3/31/10 and 3/31/11 and compiled the data first into a table, then charted the data.  The table and chart are below.  For a larger view of either the table or chart, click on them.

Summary of 22102 Comparison

  • $700,000 – $1,199,999 – between the first quarter of 2010 and the first quarter of 2011, this range stayed relatively stable as a sellers’ market.
  • $1,200,000 – $1,499,999 – between the first quarter of 2010 and the first quarter of 2011, this range stayed relatively stable as a balanced market.
  • $1,500,000 – $1,999,999 – between the first quarter of 2010 and the first quarter of 2011, this range stayed relatively stable as a buyers’ market.
  • $2,000,000-$2,499,999 – between the first quarter of 2010 and the first quarter of 2011, this range became a weaker buyers’ market, or better for sellers.
  • $2,500,000 – $2,999,999 – between the first quarter of 2010 and the first quarter of 2011, this range stayed relatively stable as a strong buyers’ market.
  • $3,000,000+ – between the first quarter of 2010 and the first quarter of 2011, this range became a weaker buyers’ market, or better for sellers’.

Please refer to my previous post for the quarter end 3/31/10:

https://mcleanrealestate.wordpress.com/2010/06/08/first-quarter-2010-market-analysis-for-mclean-great-falls/

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 taniahosmer@gmail.com.




“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

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 696 other followers

Disclaimer:

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

%d bloggers like this: