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Real Estate

[HIDDEN GEMS] Highest Appreciated McLean Neighborhoods

Why location matters. Check out the McLean neighborhoods with the highest annual appreciation! Is your neighborhood on the list?

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With low inventory of homes in Northern Virginia and high demand, home prices continue to rise and in some neighborhoods the home prices are exploding! Check out these hottest McLean neighborhoods with the biggest year over year median sold price increase over the past year. If you are thinking about selling your home and live in one of these neighborhoods, there are a ton of buyers ready to purchase! When you sell your home with substantial appreciation, you may qualify to exclude up to $250,000 of that capital gain from your taxes. This total increases to $500,000 if you file a joint return with your spouse!

In the past two years, 1765 properties have sold in McLean ranging from a 1-bed, 1-bath condo for $175,000 to a 6-bed, 6.3-bath detached for $8,575,000. Click here to sign up for my free monthly real estate market update to stay current on the latest real estate market trends in your neighborhood.

Hottest McLean Neighborhoods by Appreciation

In the past two years, a total of 1765 homes sold in McLean with a median sold price of $920,000 and median days on market of 16. These were the hottest McLean neighborhoods, where the 2019 median home sale price increased over the 2018 median home sale price.

Neighborhood:Brookhaven
Type:Detached
2019 Sold Price:$1,877,484
2018 Sold Price:$1,000,000
% Increase:88%
Neighborhood:Broyhill Langley Estates
Type:Detached
2019 Sold Price:$1,500,000
2018 Sold Price:$904,000
% Increase:66%
Neighborhood:Birchwood
Type:Detached
2019 Sold Price:$1,600,000
2018 Sold Price:$989,000
% Increase:62%
Neighborhood:Marlboro Estates
Type:Detached
2019 Sold Price:$1,132,500
2018 Sold Price:$780,000
% Increase:45%
Neighborhood:The Reserve
Type:Detached
2019 Sold Price:$2,835,000
2018 Sold Price:$2,150,000
% Increase:32%
Neighborhood:McLean House North
Type:Condo
2019 Sold Price:$296,000
2018 Sold Price:$237,500
% Increase:25%
Neighborhood:Lillian Court At Tysons
Type:Condo
2019 Sold Price:$449,000
2018 Sold Price:$360,000
% Increase:25%
Neighborhood:Hamptons of McLean
Type:Townhome
2019 Sold Price:$1,069,950
2018 Sold Price:$925,000
% Increase:16%
Neighborhood:Regency At McLean
Type:Condo
2019 Sold Price:$465,000
2018 Sold Price:$407,100
% Increase:14%
Neighborhood:Lewinsville Heights
Type:Detached
2019 Sold Price:$1,722,000
2018 Sold Price:$1,554,687
% Increase:11%
Neighborhood:Evermay
Type:Detached
2019 Sold Price:$1,393,000
2018 Sold Price:$1,269,000
% Increase:10%
Neighborhood:Gates Of McLean
Type:Condo
2019 Sold Price:$325,000
2018 Sold Price:$295,000
% Increase:10%
Neighborhood:Woodside Estates
Type:Detached
2019 Sold Price:$1,575,000
2018 Sold Price:$1,450,000
% Increase:9%
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Neighborhood:West McLean
Type:Detached
2019 Sold Price:$1,465,000
2018 Sold Price:$1,347,500
% Increase:9%
Neighborhood:The Colonies
Type:Condo
2019 Sold Price:$326,275
2018 Sold Price:$301,001
% Increase:8%
Neighborhood:Southridge
Type:Detached
2019 Sold Price:$858,975
2018 Sold Price:$802,000
% Increase:7%
Neighborhood:Stoneleigh
Type:Townhome
2019 Sold Price:$700,000
2018 Sold Price:$653,000
% Increase:7%
Neighborhood:Rotonda
Type:Condo
2019 Sold Price:$397,500
2018 Sold Price:$370,000
% Increase:7%
Neighborhood:McLean Hills
Type:Condo
2019 Sold Price:$296,200
2018 Sold Price:$277,500
% Increase:7%
Neighborhood:Old Dominion Square
Type:Townhome
2019 Sold Price:$775,000
2018 Sold Price:$733,250
% Increase:6%
Neighborhood:Fountains at McLean
Type:Condo
2019 Sold Price:$254,500
2018 Sold Price:$239,950
% Increase:6%
Neighborhood:Timberly South
Type:Detached
2019 Sold Price:$1,206,500
2018 Sold Price:$1,145,000
% Increase:5%
Neighborhood:Madison of McLean
Type:Townhome
2019 Sold Price:$885,000
2018 Sold Price:$841,000
% Increase:5%
Neighborhood:Kent Gardens
Type:Detached
2019 Sold Price:$860,000
2018 Sold Price:$826,500
% Increase:4%
Neighborhood:West Lewinsville Heights
Type:Detached
2019 Sold Price:$820,000
2018 Sold Price:$791,000
% Increase:4%
How Much is my Vienna Home Worth?

Annual Appreciation for the Northern Virginia Cities

Northern Virginia remains one of the hottest real estate markets in the country with low inventory, low days on market and rising sales prices. The table below compares the median sales price for the for first 11 months of sales for 2018 against 2019 to show the appreciation for some of the most popular Northern Virginia neighborhoods. The cities of Arlington and Falls Church both experienced tremendous year over year increases in the median sales price. In this hot real estate market, this presents an incredible opportunity to sell your home quickly for top dollar!

Find out what's happening in McLeanfor free with the latest updates from Patch.

City2019 Sold Price (MED)2018 Sold Price (MED)% Change
Alexandria$500,000$487,5003%
Annandale$555,500$534,9004%
Arlington$606,000$555,0009%
Ashburn$525,000$504,0004%
Centreville$415,000$392,0006%
Chantilly$510,000$507,4501%
Dumfries$385,000$360,0007%
Fairfax$540,000$534,6671%
Falls Church$578,005$535,0008%
Fredericksburg$304,250$290,0005%
Herndon$530,000$511,2504%
Leesburg$505,000$495,0002%
Manassas$355,000$335,0006%
McLean$940,000$905,0004%
Reston$440,000$425,0004%
Springfield$510,000$475,0007%
Sterling$420,000$415,0001%
Vienna$784,250$778,5001%
Woodbridge$337,500$324,0004%

About Peggy Yee

Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer. She has sold over $180 million in sales and was one of Northern Virginia Magazine's Top Realtors since 2015. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! Don't just take our word...Click here to see what Peggy's past clients have to say about the experience working with her from Buyer and Seller Video Testimonials and you'll understand why she is one of the top real estate agents in McLean with dozens of 5 Star Zillow reviews. Click here for Zillow Reviews.

* Data Source: BrightMLS and SmartCharts. Information deemed reliable but not guaranteed.

Find out what's happening in McLeanfor free with the latest updates from Patch.

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