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Market Minute Report For McLean, VA

Units Sold:

Chart: McLeanDescription: Homes sold in the McLean housing market. This chart shows the number of homes sold in this market in recent months.

Active Inventory:

Chart: McLeanDescription: Homes for sale in McLean. This chart shows the number of homes actively for sale in this market in recent months.

Median Sale Price:

Chart: McLeanDescription: The median sale price of homes in McLean. This chart shows the middle sale price in a given month versus the previous year for houses in this market. The same number of properties are above and below the median.

Months of Supply:

Chart: McLeanDescription: The months of supply available of homes in McLean. This chart shows the relationship between sales and inventory in this market, and is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.


Sold vs. List Price:

Chart: McLeanDescription: The percentage of the asking price each home receives when sold in McLean on average. The sale price to list price ratio indicates how much sellers can expect to receive and buyers can expect to pay, on average, for a home in this market if the home is priced appropriately.

Days on Market:

Chart: McLeanDescription: The number of days it takes for the average property in McLean to sell after being listed for sale. This chart indicates how fast homes are selling in this market.