Reserve Real Estate News

Market Analysis Comparison for 22102 (McLean, VA)

for the Past Four Quarters

I compared my last four market analyses for 22102 for the quarters ending 9/30/09, 12/31/09, 3/31/10 and 6/30/10 and compiled the data first into a table, then charted the data.  I have attached the resulting table and chart in a pdf file.  

Please refer to the link below:

Last Four Quarter Comparison for 22102

Summary of 22102 Comparison

• $700,000 – $899,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range stayed a sellers’ market, but became a weaker sellers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range became an even weaker sellers’ market.  Between the first quarter of 2010 and the second quarter of 2010, it became an even weaker sellers’ market.
• $900,000 – $1,199,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range switched from a buyers’ market to a sellers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range became a slightly weaker sellers’ market.  Between the first quarter of 2010 and the second quarter of 2010, it became an even weaker sellers’ market.
• $1,200,000 – $1,499,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range switched from a buyers’ market to a balanced market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range stayed a balanced market.  Between the first quarter of 2010 and the second quarter of 2010, it stayed a balanced market, but started shifting to a seller’s market.
• $1,500,000 – $1,999,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range stayed a buyers’ market, but became a stronger buyers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range became a slightly stronger buyers’ market.  Between the first quarter of 2010 and the second quarter of 2010, it became a stronger buyers’ market.
• $2,000,000 – $2,499,999 – between the third quarter of 2009 and the fourth quarter of 2009, this range stayed a buyers’ market, but became a slightly stronger buyers’ market.  Between the fourth quarter of 2009 and the first quarter of 2010, this range stayed a buyers’ market, but became a strong buyers’ market.  Between the first quarter of 2010 and the second quarter of 2010, this range switched from a strong buyers’ market to a balanced market.
• $2,500,000 – $2,999,999 –  between the third quarter of 2009 and the fourth quarter of 2009, this range switched from a buyers’ market to a strong buyers’ market. Between the fourth quarter of 2009 and the first quarter of 2010, this range became an even stronger buyers’ market.  Between the first quarter of 2010 and the second quarter of 2010, this range stayed a strong buyers’ market, but became a weaker buyers’ market.
• $3,000,000+ – between the third quarter of 2009 and the fourth quarter of 2009, this range stayed a strong buyers’ market, but weakened a little.   Between the fourth quarter of 2009 and the first quarter of 2010, this range became a stronger buyers’ market.  Between the first quarter of 2010 and the second quarter of 2010, this range stayed a strong buyers’ market, but became a weaker buyers’ market.

If you have any questions about this post or about the McLean-Great Falls real estate market, please don’t hesitate to contact me at tania@hbgroup.us.