With a history that dates back nearly four centuries, the city of McLean has evolved from a buffalo trail trading post to become the center of 21st century technology. Located in Fairfax County north of Falls Church and just south of the Maryland border, McLean offers residents excellent public and private schools, well-maintained and accessible public parks and trails, an array of places of worship, a vibrant central business district, a myriad of recreational programs, excellent public libraries and a thriving Community Center.
McLean residents stay active through a host of community groups and non-profit organizations. In the last 10 years there has been an explosion of technology, telecommunications and software companies moving into the Northern Virginia area, hence the reference “The Northern Virginia Technology Corridor.” Downtown McLean can be found at the crossroads of Old Dominion Drive (Rt. 309) and Chain Bridge Road (Rt. 123). This is a central location around which many highly regarded subdivisions have been planned and developed. Various communities include McLean Hills, McLean Crest, McLean Chase, Evermay, Balls Hill, Chesterbrook, Evans Farm, Potomac Hills, West Langley, Woodside Estate and The Reserve. These represent a small cross section of the available subdivision in McLean.
McLean, VA Real Estate Market: Price Range of McLean Houses for Sale
The McLean, Virginia, real estate market features a wide assortment of homes for sale and property types in all price ranges. Townhouses in McLean as well as McLean area condos start as low as $225,000 to as high as $2 million for large units in exclusive neighborhoods. Family homes in McLean start at around $500,000 and exceed $10 million for beautifully constructed McLean estate homes, many on wooded lots with acreage.
McLean Real Estate Stats and Trends for the week of July 27th, 2015: homes priced around $645,798 compared to $597,257 the previous week, showing a increase of more than +8%. For Tuesday, July 28th, the current national mortgage rate for a 30 year fixed mortgage is 4.04%; the 15 year fixed rate is at 3.15%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.31%, while the 15 year jumbo rate currently is at 3.89%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in McLean VA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in McLean to help you find the best home!