Reserve Real Estate News

Open Houses in McLean, Virginia 22102 – Today (6/13/10)

There are 15 open houses in McLean, Virginia in the 22102 postal code area today.  Below is a link to a listing of the properties by price which includes directions to the properties:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1582934X2DOF&p=DE-113977328-527

If you have any questions about these listings or want to see any of them, please don’t hesitate to contact me at tania@hbgroup.us.

Market Analysis Comparison for 22102 (McLean, VA)

for the Past Three Quarters

I compared my last three market analyses for 22102 for the quarters ending 9/30/09, 12/31/09 and 3/31/10 and compiled the data first into a table, then charted the data.  I have attached the resulting table and chart in a pdf file.  The file has the comparison table and the tables from the past three quarters and also the chart of the data. 

Please refer to the link below:

22102 Comparison

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.
• $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 stronger 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.
• $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.
• $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.
• $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.
• $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.

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.

I recently posted my analysis for the First Quarter of 2010 for the McLean-Great Falls market on my other blog site: http://mcleanrealestatenews.com.

Please refer to the below link for this post:

http://mcleanrealestate.wordpress.com/2010/06/08/first-quarter-2010-market-analysis-for-mclean-great-falls/

In a few days, I will be posting a comparison of the last 3 quarters.

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

884 Alvermar Ridge Drive – Coming on the Market Soon

The property located at 884 Alvermar Ridge in the Reserve Neighborhood in McLean  has a For Sale sign post planted in the front yard with a coming soon sign on it.  When more information is available, I will post it.

928 Dominion Reserve Drive – Listed on 5/20/10

The property located at 928 Dominion Reserve Drive in the Reserve neighborhood in McLean, Virginia went on the market on 5/20/10.  A For-Sale sign post installer is installing a sign post this afternoon.  The property is listed for $2,995,000.  It is a Gulick Winthrop Manor model.

Below is a link to the complete MLS listing:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=51343619427

If you have any questions about this listing or any other listing in the Reserve, please contact me at taniahosmer@gmail.com.

928 Dominion Reserve Drive – Listed on 5/20/10

The property located at 928 Dominion Reserve Drive in the Reserve neighborhood in McLean, Virginia went on the market on 5/20/10.  A For-Sale sign post installer is installing a sign post this afternoon.  The property is listed for $2,995,000.  It is a Gulick Winthrop Manor model.

Below is a link to the complete MLS listing:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1582934X2DOF&p=DE-112272182-931

If you have any questions about this listing or any other listing in the Reserve, please contact me at tania@hbgroup.us.

Status of 7805 Grovemont Drive – Settled on Friday, May 14

The property in the Reserve located at 7805 Grovemont Drive settled on Friday, May 14 for $2,450,000.  It was listed for $2,799,999 for 67 days.

Below is a link to the full MLS listing:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1582934X2DOF&p=DE-111190152-172

Here is a link to my original post about the property:

https://reserverealestatenews.com/2010/03/29/featured-property-7805-grovemont-drive-with-new-photo-gallery/

If you have any questions about this property or any other property in the Reserve, please don’t hesitate to contact me at tania@hbgroup.us.

847 Alvermar Ridge – Under Contract As of April 26

The property located at 847 Alvermar Ridge in the Reserve went under contract on 4/26/10 after 148 days on the market. It was listed for $2,995,000.

Below is a link to the MLS listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1582934X2DOF&p=DE-110093336-214

The last contingency expires on 5/14/10 and I will update the status of the property on that date or shortly thereafter.

Here is a link to my previous post about the property:

https://reserverealestatenews.com/2010/04/23/featured-listing-847-alvermar-ridge-drive/

If you have any questions about this or any other listing in the Reserve, please contact me at tania@hbgroup.us.

Status of 7805 Grovemont Drive

The MLS listing for 7805 Grovemont has been updated to reflect the settlement date of 5/14/10.  Here is a link to the updated MLS listing:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1582934X2DOF&p=DE-110071572-938

If you have any questions about this listing or any other in the Reserve, please contact me at tania@hbgroup.us.

Status Update  – 7805 Grovemont Drive

The MLS system is still not updated with the settlement date for for this property. I will check in a few days and post.

Here is a link to my original post about the property:

https://reserverealestatenews.com/2010/03/29/featured-property-7805-grovemont-drive-with-new-photo-gallery/