McLean Real Estate Market Update

McLean Real Estate Market Activity

This is a snapshot of recent sales in the McLean, VA neighborhood. In the past 30 days, 50 properties have sold in McLean ranging from a 1-bed, 1-bath condo for $205,000 to a 5-bed, 5.5-bath detached house for $2,700,000. The average sold price was $957,423 and the average days on market was 71 days.

The current market supply is 3.2 months, which indicates the total number of months it would take the current inventory of 235 active listings to sell. We are currently in a sellers market, where there are more buyers seeking to purchase properties than there are available homes on the market. If you have a home to sell in McLean this may be a great time to sell!

Detached Homes Sales

In the past 12 months, a total of 530 single family detached homes sold in McLean for an average sold price of $1,585K. These were the most popular McLean neighborhoods.

Subdivision	Sold (Ave)	Highest	Lowest	Closed
Langley Forest	$2,837,500	$4,250,000	$1,950,000	6
The Reserve	$2,170,000	$2,325,000	$2,050,000	5
Salona Village	$1,931,000	$3,100,000	$900,000	10
River Oaks	$1,886,429	$3,450,000	$1,200,000	7
Franklin Park	$1,847,692	$2,850,000	$860,000	13
Rosemont	$1,479,556	$2,450,000	$720,000	9
Langley Manor	$1,467,942	$1,880,000	$770,000	5
Lewinsville Heights	$1,460,305	$1,725,000	$750,000	5
Evermay	$1,367,286	$2,025,000	$1,100,000	7
Broyhill Langley Estates	$1,311,444	$2,435,000	$815,000	9
Langley Oaks	$1,311,143	$1,725,000	$990,000	14
Chesterbrook Gardens	$1,307,928	$2,065,000	$685,000	16
Chesterbrook Woods	$1,249,471	$2,515,000	$815,000	20
Devon Park	$1,241,112	$1,733,000	$725,000	13
Broyhills Mc Lean Ests	$1,224,500	$2,005,000	$670,000	8
Grass Ridge	$1,201,070	$1,735,000	$760,000	8
Chain Bridge Forest	$1,182,286	$1,335,000	$955,000	7
Chesterbrook	$1,154,500	$1,588,000	$550,000	6
Greenway Heights	$1,077,750	$1,475,000	$700,000	6
Mc Lean Manor	$1,044,680	$1,702,300	$737,500	10
West Grass Ridge	$1,030,322	$1,707,610	$740,000	5
Mc Lean Hamlet	$963,752	$1,225,000	$740,000	23
Potomac Hills	$936,322	$1,127,000	$799,000	9
Kings Manor	$929,625	$980,000	$870,000	8
West Lewinsville Heights	$811,068	$985,000	$700,000	11

Townhouse Sales

In the past 12 months, a total of 91 townhouses sold in McLean for an average sold price of $830K. These were the most popular McLean townhouse neighborhoods.

Subdivision	Sold (Ave)	Highest	Lowest	Closed
Evans Farm	$1,491,667	$1,850,000	$1,200,000	3
Kings Manor	$765,000	$765,000	$765,000	1
Lillian Court At Tysons	$450,500	$450,500	$450,500	1

Condo Sales

In the past 12 months, a total of 255 condos sold in McLean for an average sold price of $393K. These were the most popular McLean condo communities.

Subdivision	Sold (Ave)	Highest	Lowest	Closed
The Signet	$1,480,375	$2,079,900	$920,262	4
Palladium At Mclean	$1,028,625	$1,495,000	$722,500	11
One Park Crest	$665,878	$950,000	$479,900	9
Regency At Mclean	$393,229	$595,000	$238,000	7
Rotonda	$388,636	$590,000	$252,000	41
Lillian Court At Tysons	$360,138	$468,000	$294,300	13
Gates Of Mclean	$339,674	$460,000	$245,000	31
Encore Of Mclean	$308,907	$465,000	$210,000	19
The Colonies	$297,490	$420,000	$175,000	30
Fountains At Mclean	$261,894	$380,000	$190,000	41

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Peggy Yee is a supervising broker at Frankly Realtors and is one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.

Information based on BrightMLS data and deemed reliable but not guaranteed.