MCLEAN HOUSING MARKET DATA

There was an increase in total units sold in August, with 73 sold this month in McLean Real Estate versus 64 last month, an increase of 14%. This month's total units sold was higher than at this time last year, an increase of 12% versus August 2024.

Versus last year, the total number of homes available this month is lower by 37 units or 14%. The total number of active inventory this August was 220 compared to 257 in August 2024. This month's total of 220 is lower than the previous month's total supply of available inventory of 248, a decrease of 11%.

Last August, the median sale price for McLean Homes was $1,345,000. This August, the median sale price was $1,600,000, an increase of 19% or $255,000 compared to last year. The current median sold price is 11% higher than in July.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In August, there was 3.0 months of supply available in McLean, compared to 4.0 in August 2024. That is a decrease of 24% versus a year ago.

Months of supply 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.

This month there were 72 homes newly listed for sale in McLean compared to 105 in August 2024, a decrease of 31%. There were 65 current contracts pending sale this August compared to 62 a year ago. The number of current contracts is 5% higher than last August.

In August, the average sale price in McLean was 95.0% of the average list price, which is 3.3% lower than at this time last year.

This month, the average number of days on market was 40, higher than the average last year, which was 34, an increase of 18%.





FOCUS ON: MCLEAN HOUSING MARKET			AUGUST 2025

Zip Code(s): 22101 and 22102
Units Sold 73	Active Inventory 220	Median Sale Price $1,600,000	Days On Market 40

Up 12% Vs. Year Ago	Down -14% Vs. Year Ago	Up 19% Vs. Year Ago	Up 18% Vs. Year Ago


		Units Sold There was an increase in total units sold in August, with 73 sold this month in McLean Real Estate versus 64 last month, an increase of 14%. This month's total units sold was higher than at this time last year, an increase of 12% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 37 units or 14%. The total number of active inventory this August was 220 compared to 257 in August 2024. This month's total of 220 is lower than the previous month's total supply of available inventory of 248, a decrease of 11%.
		Median Sale Price Last August, the median sale price for McLean Homes was $1,345,000. This August, the median sale price was $1,600,000, an increase of 19% or $255,000 compared to last year. The current median sold price is 11% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 72	Current Contracts 65	Sold Vs. List Price 95.0%	Months of Supply 3.0

Down -31% Vs. Year Ago	Up 5% Vs. Year Ago	Down -3.3% Vs. Year Ago	Down -24% Vs. Year Ago


		Months of Supply In August, there was 3.0 months of supply available in McLean, compared to 4.0 in August 2024. That is a decrease of 24% versus a year ago. Months of supply 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.
New Listings & Current Contracts This month there were 72 homes newly listed for sale in McLean compared to 105 in August 2024, a decrease of 31%. There were 65 current contracts pending sale this August compared to 62 a year ago. The number of current contracts is 5% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in McLean was 95.0% of the average list price, which is 3.3% lower than at this time last year. Days on Market This month, the average number of days on market was 40, higher than the average last year, which was 34, an increase of 18%.


	McLean are defined as properties listed in zip code/s 22101 and 22102.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.