McLean Home Sale Statistics – How Long To Sell Your Home and Are Prices Rising?

If you’re thinking of buying or selling a home in McLean VA in 2017, then you’re probably wondering things like:

  • “How long are homes on the market?”
  • “Will I have to pay over list price or can I get a deal?
  • “How long will it take to sell my house?”
  • “Will I have to negotiate my list price?”
  • “Buyer’s Market or Seller’s Market?”

FREE Online INSTANT Home Valuation Estimator

Let’s look at 2016 statistics as they are often an indicator of what you can expect:

  • Average Days on Market in McLean: 90 (slightly slower than 85 days in 2015)
  • Sold Price as % of Original List Price: 93.2% (slight up from 92.3% in 2015)
  • Percent of Homes Sold in 10 Days or Less: 25% (down from 27% in 2015)
  • Average Sold Price: $1,034,826 (up 2.9% from $1,005,557 in 2015)
  • Number of Home Sales: 845 (up 9% from 774  in 2015)
  • More McLean Real Estate Market Stats

BUYERS:

Current housing supply in McLean is 4.7 months. This translates to neither a “Seller’s Market” or a “Buyer’s Market”, and actually puts McLean in a Balanced Market. (Be aware that number is for the market as a whole. If you are buying, you’ll need to ask for an analysis of the price range you’re looking in as some price ranges may actually have much more or much less inventory.) Either way, with 25% of the homes selling in 10 days or less – you need all the advantages you can get. Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS. Call 703-242-3975 for details.

SELLERS: 

Terry Belt, CEO of The Belt Team commented, “Every year, we see competition for the best listings in the market. Often times, those who sell in January/February sell for more than those who wait for the traditional “Spring Market”. In 2017, we especially think this will bear out as we are already seeing interest rates rise, pricing some folks out of the market. Time will tell as to what 2017 has in store, but The Belt Team is already working with a large number of Buyers and Sellers around Northern VA and we expect the market to start out briskly.”

If you’re selling a home, your next question may be – “Is there a way to sell faster and for more than average?” And the good news is YES!

The best way to do that is to hire a real estate team with an amazing track record of success.  And THAT is The Belt Team.

If you’re wondering whether all Realtors are the same, they’re not. Different real estate teams not only provide different experiences, but vastly different results. Who you choose to represent you can mean the difference of whether you get the house you want to buy and how much money you make when you sell – things that affect YOUR family’s lives forever.

Did you know there are more than 10,000 Realtors in Northern VA? The average agent sold 4 homes last year. The Belt Team sold 82! Our agents each averaged FOUR TIMES as many sales. If you were having surgery on your broken arm, would you want the orthopedist who did 82 surgeries last year or 4?

You can read what 154 of our clients had to say about us on Zillow.

Call The Belt Team at (703) 242-3975 if you would like to buy or sell a home in McLean. We are part owners of McLean’s #1 real estate office – Keller Williams Realty. And we sell more homes than any other single standing office in all of Fairfax County. We know the schools, the parks, the commuter short cuts, the history, the shopping, the recreation options and all the things that make McLean a most special place to live. Not only do we sell homes in McLean, but with genuine enthusiasm & experience, we sell the entire community.

 Don’y you deserve the BEST Realtors in McLean?

Top Realtor Vienna VA

8749 Old Dominion Dr McLean VA 22102 – Listed by The Belt Team – Open Nov 13

8749 Old Dominion Dr McLean VA 22102 is listed by The Belt Team and is OPEN SUNDAY November 13th 1-3:30PM. It’s spectacular! Here’s a sneak peek:

Call Terry Belt at (703) 242-3975 to schedule a showing!

More info, Price & LOTS of photos of 8749 Old Dominion Dr McLean VA 22102

Welcome to this stunning one-of-a-kind contemporary just minutes to Tysons Corner and DC! This home sits on over 3 acres and is a true oasis of tranquility yet close to all the amenities of McLean, Vienna, Great Falls, DC and more.  Exceptional features include a flowing floorplan, a 2-story entry foyer with amazing curved wood staircase, loads of natural light streaming in through the many floor-to-ceiling windows & skylights, 5 bedrooms, hardwood floors, three fireplaces (with a rough-in for a 4th), eat-in kitchen, updated baths, a large master retreat, a lower level exercise room & wine cellar, an abundance of storage space including a spacious cedar closet, a side-loading 3-car attached garage and a fabulous Ipe wood back deck.  Excellent schools (in the Langley High School pyramid!) and great for commuters…don’t miss an opportunity to make this your next home!

Homes For Sale Langley HS Homes For Sale Langley HS Homes For Sale Langley HS

 

8749 Old Dominion Dr McLean VA 22102 – Just Listed by The Belt Team

8749 Old Dominion Dr McLean VA 22102 was just listed by The Belt Team and it’s spectacular! Here’s a sneak peek:

Call Terry Belt at (703) 242-3975 to schedule a showing!

More info, Price & LOTS of photos of 8749 Old Dominion Dr McLean VA 22102

Welcome to this stunning one-of-a-kind contemporary just minutes to Tysons Corner and DC! This home sits on over 3 acres and is a true oasis of tranquility yet close to all the amenities of McLean, Vienna, Great Falls, DC and more.  Exceptional features include a flowing floorplan, a 2-story entry foyer with amazing curved wood staircase, loads of natural light streaming in through the many floor-to-ceiling windows & skylights, 5 bedrooms, hardwood floors, three fireplaces (with a rough-in for a 4th), eat-in kitchen, updated baths, a large master retreat, a lower level exercise room & wine cellar, an abundance of storage space including a spacious cedar closet, a side-loading 3-car attached garage and a fabulous Ipe wood back deck.  Excellent schools (in the Langley High School pyramid!) and great for commuters…don’t miss an opportunity to make this your next home!

Homes For Sale Langley HS Homes For Sale Langley HS Homes For Sale Langley HS

 

McLean Virginia: How Long To Sell Your Home and Are Prices Rising?

If you’re looking to buy or sell real estate in McLean, VA in 2016, you may be wondering how long homes are on the market and whether prices are up or down.

First, let’s look at what happened in 2014:

  • Average Days on Market: 86 days (up from 64 days in 2014 and 72 days in 2013)
  • Average Sold Price: $1,004,378 (down from $1,054,174 in 2014 and $1,094,034 in 2013)
  • Average Sold Price as % of List Price: 92.3% (down from 95.7% in 2014 and 96.8% in 2013)
  • Percent of Homes Sold in 10 Days or Less: 27% (down from 35% in 2014)

Now, to get an even better sense of what’s happening in the real estate market, go to our web site for up-to-date McLean VA housing stats on the most recent month as compared to the five year average. This will indicate what the current trends are.

(Special Info For Sellers of Million Dollar Homes)

Call The Belt Team at (703) 242-3975 if you would like to buy or sell in McLean, VA.

7120 Georgetown Pike McLean VA 22101 – Listed by The Belt Team

7120 Georgetown Pike McLean VA 22101 has just been listed by The Belt Team! Here’s a sneak peek!

More info, price & additional photos of 7120 Georgetown Pike McLean VA 22101

Call Terry Belt & The Belt Team at (703) 242-3975 to schedule a showing!

Spacious rambler in a terrific McLean location! This 5 bedroom, 3 full & 1 half bath home is in the Langley High School pyramid and minutes to DC & Tysons Corner. Features include 4 main level bedrooms, loads of custom built-ins, 2 masonry wood-burning fireplaces, hardwood floors, eat-in kitchen, separate dining room, and an expansive finished walk-out lower level. The lower level includes a large rec room, den/office, a bedroom & full bath, wood floors and architectural details like crown & box moldings and decorative pillars. Enjoy the outdoors & mature trees on the .56 acre lot! Unbeatable location and excellent schools!

McLean Real Estate

7716 Crossover Dr McLean VA 22102 Listed By The Belt Team

7716 Crossover Dr McLean VA 22102 has just been listed By The Belt Team

Price, details and LOTS more photos of 7716 Crossover Dr

Here’s a sneak peek:

Fabulous home located on a private, almost 1/2 acre lot in the sought after Timberly neighborhood.  This home was substantially rebuilt with the highest quality of finishes, materials and appliances, and is professionally landscaped.  Functional main floor living is open and ideal for every day living and entertaining.   A wonderful location for commuters, close to many amenities and in the Langley High School pyramid!

Call Terry Belt & The Belt Team at (703) 242-3975 to schedule a showing!

Year End Statistics Show The Belt Team Sells Million Dollar Listings In Fairfax County Faster And For More Money Than Most Realtors

 

Year-end statistics are out and in 2014, out of more than 10,000 Realtors in Northern  Virginia, very few sold any “million dollar homes”. The Belt Team, with Keller Williams Realty McLean, has averaged almost a million dollar sale every month for the past five years. Not only was The Belt Team one of the top million dollar agents last year, but their listings sold faster and for a higher percentage of list price than average. (Note: Statistics provided are per MRIS).

Terry Belt Realtor The Belt TeamThe Belt Team has been one of the top Luxury Home Teams for Keller Williams Realty (the nation’s largest real estate company) for several years. CEO, Terry Belt commented, “If you’re thinking of selling your home and you’re in the million dollar luxury home market in Fairfax County, it matters more than ever that you choose the best Realtors in Northern Virginia to represent you. Why? Because if you don’t, it could cost you not only time, but money. And in the million dollar plus price range – that’s big bucks!

Kevin Kleifges, Realtor, The Belt Team, Keller Williams RealtyBelt Team Listing Specialist, Kevin Kleifges added, “The Belt Team has a proven track record of selling more million dollar homes in Fairfax County – more quickly – and for more money – than almost any other Realtor. That means our experience & expertise saves you time and money. We protect your equity & maximize your investment.

Statistics show that experience in this special million dollar luxury home market counts.

In 2014, Belt Team “Million Dollar Listings” listed/sold in Fairfax County sold ALMOST TWO MONTHS FASTER than the “Average Realtor” (That’s 2 mortgage payments saved!).

• Average Days on Market – The Belt Team: 27 days
• Average Days on Market – “Average Agent”: 79 days

And in 2014, Belt Team “Million Dollar Listings” listed/sold in Fairfax County also sold FOR 1.3% MORE than the “Average Realtor”.

• Sold Price as % of Original List Price – Other Top Ranked Agent: 96.5%
• Sold Price as % of Original Price – “Average Agent”: 95.2%

About The Belt Team:
The Belt Team includes Terry Belt (CEO), Gail Belt (Founding Partner), Kevin Kleifges (Listing Specialist), Tom Reilly (Lead Buyer Specialist), Beth Dadisman (Showing Partner), Martin Bristow (Realtor), Christy Grossman (Chief Operating Officer), Jerry Belt (Special Services) & Patty Schuebel (Client Care Manager). The Belt Team serves all of Northern Virginia and specializes in Vienna and Oakton where it has sold more homes than any other Realtor or team since 1973. The team is ranked by Wall Street Journal as a Top Team in the State of Virginia (out of 30,000 Realtors) and is ranked by KWRI as a Top 100 Team Worldwide (out of more than 110,000 Realtors). For more information, please call 703-242-3975.

About Keller Williams Realty:
Keller Williams Realty is the largest real estate franchise company in North America, with approximately 700 offices and 110,000 associates throughout the world. The Belt Team is affiliated with the Keller Williams McLean office – one of the top offices in the entire country. For more information, contact Team Leader, Amina Basic: (703) 636-7300.

McLean Virginia: How Long To Sell Your Home and Are Prices Rising?

If you’re looking to buy or sell real estate in McLean, VA in 2015, you may be wondering how long homes are on the market and whether prices are up or down.

First, let’s look at what happened in 2014:

  • Average Days on Market: 64 days (down from 72 days from 2013)
  • Average Sold Price: $1,054,174 (down from $1,094,034 in 2013)
  • Average Sold Price as % of List Price: 95.7% (down from 96.8% in 2013)
  • Percent of Homes Sold in 10 Days or Less: 35%

Now, to get an even better sense of what’s happening in the real estate market, go to our web site for up-to-date McLean VA housing stats on the most recent month as compared to the five year average. This will indicate what the current trends are.

(Special Info For Sellers of Million Dollar Homes)

Call The Belt Team at (703) 242-3975 if you would like to buy or sell in McLean, VA.

Condo in McLean’s Evans Farm Just Listed!

Welcome to elegant living in this stunning, 2-story Pinecroft model condominium in Evans Farm! A community where past meets present and no detail is spared…lending to the uniqueness and charm. Exceptional features of this home include fine architectural finishes such as oversized moldings, 2-piece baseboard & shadow box trim, tray ceilings, library, loft area (with family room, bedroom 3 or den, full bath & storage), 3 private terraces, 10’ ceilings, striking master suite & a gourmet kitchen. And note that the location is second to none…minutes from Tysons Corner, the Potomac River and downtown Washington DC!

More info including price & lots of photos of 7222 Farm Meadow Ct in McLean

Call The Belt Team at (703) 242-3975 to schedule a showing

Search McLean homes for sale $1,250,000 to $1,500,000

Sneak Peek:

McLean Condo Evans Farm

McLean Condo Evans Farm

McLean Condo Evans Farm McLean Condo Evans Farm

December in Northern VA Real Estate – Things Are Poppin!

Some folks might think that December is a slow time in real estate, but not this year! The The Belt Team still has 8 settlements scheduled for the rest of December. (Keep in mind that the average agent sells 5 homes per year per NAR statistics!)

We also listed a home on Madrillon Springs Ct in Vienna last Friday and by the end of the weekend, it was under contract! (Happy Sellers!)

This week we have two more listings coming on the market. One on Farm Meadow Ct in Evans Farm (McLean) and one on Broome Ct in Embassy Court (Vienna).

Here’s a sneak peek of the two new listings coming on this week – call The Belt Team at (703) 242-3975 if you’d like more information!

9505 Broome Ct in Vienna:

Search Homes For Sale in Vienna $750,000 to $850,000Vienna Real Estate Vienna Real Estate

7222 Farm Meadow Ct in McLean:

Search Homes For Sale in McLean $1.3 million to $1.5 million

Evans Farm Condo McLean Evans Farm Condo McLean