Available in McLean, VA
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McLean, VA
Guide to Homes for Sale in McLean, VA
McLean, Virginia is considered by many people to be not just “the address” for Northern Virginia, but the best place to live in the entire Washington, DC region. In addition to the range of single-family homes available, there is also an exciting downtownarea in nearby Tyson’s Corner. McLean is just a short drive from DC and has many options for recreation including numerous outdoor facilities, parks and golf courses. The neighborhood is a popular area to live for notable politicians, businessmen and other local celebrities. There is shopping, dining, recreation, spectacular houses, all of which make McLean a great place to escape the city and call home.
Living in McLean
McLean is well-known for its exclusive residential community that is just a short drive from downtown DC. It is a place where the rich and powerful live: from politicians to sports stars, a variety of people who call McLean home. McLean is also home to the Central Intelligence Agency and has some of the highest-rated public schools in the area.
Homes for Sale in McLean
McLean consists mostly of single-family houses, and upscale ones at that. There are some condos, apartments and townhouses also available. Parts of McLean were once farmland until the suburbs took off in the post-World War II era. McLean has a combination of older, split-level houses as well as opulent million-dollar estates. Some local celebrities, like Alex Ovechkin, have bought extravagant houses here. The late Ted Kennedy also had a remarkable multimillion-dollar home in McLean.
Shopping in McLean
This is a great neighborhood if you like to shop, as two of the largest shopping malls in the entire DC area are located just minutes away. Tyson’s Corner Center and the high-end Tyson’s Galleria attract shoppers from across the area. The Metro development in Tyson’s is bringing more density to nearby McLean and will bring in more retail and homes, in addition to more transportation options. The actual neighborhood of McLean has all the necessities you would need, but most residents head down the street to Tyson’s for their shopping excursions.
Enjoying the Great Outdoors in McLean, Virginia
McLean is home to some of the best parks, recreation and trails around. Some of the favorite places for locals and visitors include Great Falls National Park, the historic Claude Moore Colonial Farm Park and Turkey Run Park. At Great Falls, there are magnificent views of the falls and the Potomac River. You can spend a whole afternoon exploring the Claude Moore Colonial Farm Park and you can see what it was like to live on a farm in the Revolutionary War Era. Turkey Run Park is located on the Potomac River and offers activities such as hiking, birding, or picnics. For athletes, there are parks throughout McLean and neighboring areas for baseball, basketball, tennis, or soccer.
Entertainment and Restaurant options in McLean Virginia
McLean has some great local restaurants, including McLean Family Restaurant, Evo Bistro and Ichiban Sushi. There are also popular coffee shops like Greenberry’s, Java Works and several Starbucks. One of the neighborhood favorites is the McLean Farmer’s Market, which attracts vendors and pedestrians from all over. McLean is a community-oriented neighborhood and sponsors a celebration once a year known as McLean Day. MPA ArtFest is another popular community event that brings together artists and the local community. The Alden Theatre in is a favorite venue among residents for live entertainment.
Traveling Around McLean
McLean is located within a short drive to major highways including the George Washington Parkway, The Capital Beltway, I-66, the Dulles Toll Road and Chain Bridge Road. The neighborhood is a great place to take a walk and enjoy the beautiful houses and trees, but you will need a car to access most amenities.
Making Your Home in McLean
McLean has increasingly become a place for DC and Northern Virginia’s elite. The real estate in McLean is some of the priciest in Northern Virginia, but residents enjoy the proximity to DC, while still living in a suburban environment. There are plentiful amenities including parks, recreation and dining, and McLean has always been known for its great school system.
Real Estate Market Stats
Basic Stats Overview
Data Source: MRIS Listing Data, Last Updated: 4/6/2020
| M/M | Y/Y | ||
|---|---|---|---|
| Homes for Sale | 69 | -2.9% | -92.8% |
| Months Inventory | 5.02 | +6.8% | +7.8% |
| Contracts Pending | 12 | 0.0% | -266.7% |
| Solds: 90 Day | 18 | -72.2% | -272.2% |
| Average List Price/Sold Price | 97.27% | +1.9% | +0.3% |
| Active/Pending Ratio | 5.75 | -3.0% | +47.5% |
| Average Price | M/M | Y/Y | |
| Active | $3,105,826 | -1.9% | +37.9% |
| Pending | $1,831,969 | +4.2% | +52.4% |
| 90 Day Sold | $1,098,586 | -8.3% | +31.3% |
| Median Price | |||
| Active | $2,750,000 | -3.6% | +43.7% |
| Pending | $1,499,888 | +0.9% | +52.8% |
| 90 Day Sold | $1,112,525 | +1.1% | +60.5% |
| Days on Market | |||
| Active | 255.25 | +9.2% | +66.8% |
| Pending | 151.35 | +19.2% | +72.6% |
| 90 Day Sold | 53.78 | +12.8% | -25.9% |
| M/M | Y/Y | ||
|---|---|---|---|
| Homes for Sale | 67 | -3.0% | -31.3% |
| Months Inventory | 5.78 | +7.6% | -46.2% |
| Contracts Pending | 12 | 0.0% | -33.3% |
| Solds: 90 Day | 14 | -64.3% | -78.6% |
| Average List Price/Sold Price | 97.56% | +2.6% | +1.7% |
| Active/Pending Ratio | 5.58 | -3.0% | +1.4% |
| Average Price | M/M | Y/Y | |
| Active | $3,183,179 | -1.8% | +21.3% |
| Pending | $1,873,013 | +4.3% | +18.9% |
| 90 Day Sold | $1,235,932 | -10.4% | -12.8% |
| Median Price | |||
| Active | $2,850,000 | -1.2% | +29.8% |
| Pending | $1,499,944 | +0.6% | +26.7% |
| 90 Day Sold | $1,187,500 | +2.9% | -3.6% |
| Days on Market | |||
| Active | 252.03 | +9.2% | +59.4% |
| Pending | 153.86 | +18.9% | +54.8% |
| 90 Day Sold | 57.57 | +9.4% | -17.1% |
| M/M | Y/Y | ||
|---|---|---|---|
| Homes for Sale | 1 | 0.0% | 0.0% |
| Months Inventory | 0.48 | 0.0% | +10.4% |
| Contracts Pending | 0 | N/A | N/A |
| Solds: 90 Day | 4 | -100.0% | +25.0% |
| Average List Price/Sold Price | 95.32% | -2.7% | -5.1% |
| Active/Pending Ratio | 0.00 | N/A | N/A |
| Average Price | M/M | Y/Y | |
| Active | $720,000 | 0.0% | +47.2% |
| Pending | $929,000 | 0.0% | +19.9% |
| 90 Day Sold | $617,875 | -11.2% | -29.1% |
| Median Price | |||
| Active | $720,000 | 0.0% | +47.2% |
| Pending | $929,000 | 0.0% | +23.8% |
| 90 Day Sold | $584,500 | -29.2% | -39.4% |
| Days on Market | |||
| Active | 42.00 | +73.8% | +90.5% |
| Pending | 96.00 | +32.3% | +83.9% |
| 90 Day Sold | 40.50 | +21.6% | +53.9% |
| M/M | Y/Y | ||
|---|---|---|---|
| Homes for Sale | 1 | 0.0% | -4,300.0% |
| Months Inventory | 12.00 | +50.0% | +77.1% |
| Contracts Pending | 0 | N/A | N/A |
| Solds: 90 Day | 0 | N/A | N/A |
| Average List Price/Sold Price | 0.00% | N/A | N/A |
| Active/Pending Ratio | 0.00 | N/A | N/A |
| Average Price | M/M | Y/Y | |
| Active | $309,000 | 0.0% | -164.0% |
| Pending | $0 | N/A | N/A |
| 90 Day Sold | $0 | N/A | N/A |
| Median Price | |||
| Active | $309,000 | 0.0% | -95.6% |
| Pending | $0 | N/A | N/A |
| 90 Day Sold | $0 | N/A | N/A |
| Days on Market | |||
| Active | 684.00 | +4.5% | +92.5% |
| Pending | 0.00 | N/A | N/A |
| 90 Day Sold | 0.00 | N/A | N/A |
What does the most expensive home in Homes for Sale in McLean, VA look like?
8548-A GEORGETOWN PIKE, MCLEAN, VA 22102
How about the least expensive?
1800 OLD MEADOW RD #915, MCLEAN, VA 22102
What's average?
9105 MILL POND VALLEY DR, MCLEAN, VA 22102
How Much is Available?
Data Source: MRIS Listing Data, Active InventoryThe number of Homes for Sale in McLean, VA homes listed for sale. Lower inventory favors sellers in negotiations.
How Many Months of Inventory?
Data Source: MRIS Listing Data, Months InventoryThe number of homes listed for sale in Homes for Sale in McLean, VA divided by the number of homes sold in one month. Higher inventory favors buyers.
More Actives or More Pendings?
Data Source: MRIS Listing Data, Active/Pending RatioRatio of homes in Homes for Sale in McLean, VA listed for sale versus those under contract. The lower the number, the hotter the market.
Are Sellers Negotiating?
Data Source: MRIS Listing Data, List/Sold RatioShows a comparison between the final sales price of homes sold in Homes for Sale in McLean, VA versus their list price.
What is Average?
Data Source: MRIS Listing Data, Average Sale Price (90 Days)Average list price of homes for sale in Homes for Sale in McLean, VA
How Fast Are They Selling?
Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)Average days from Listing Date to Sold Date for Homes for Sale in McLean, VA homes that sold in the past 90 days.
Insight
Location, Location
McLean is located between the George Washington Parkway and the town of Vienna. There are several arteries into D.C. The most recent addition to McLean is the Silver Metro Line. Shopping is fantastic! People travel from all over to visit the malls of Tyson's. There are many choices for education, both private and public schools are available. The town offers many opportunities for youth sports, talent and artistry. If you are looking for centrally located, this could be your next home.
Sharon Ayers
