The prices in real estate in Mc Lean, in the Virginia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Mc Lean has increased strongly during the last 6 months. In January, the average price per sq.feet was $325. In the following month the price per sq.feet increased to $345. In the following two months the price per sq.feet has increased 111 %, going from $335 to $371.5 per sq.feet. The price per sq.feet has had a considerable increase of 333 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $353.25 to $1,175.5 during May, and June.
Based upon to the price in Mc Lean (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $1,560,717. During February the price went through a considerable rise reaching $1,905,982. During the following two months (March, April) the price has had an average incrementation from $1,733,349.5 to $1,828,426. Based on an analysis of the first four prices and the last two months the average price has risen strongly 148 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,254,622 they are 87 % more affordable than the average price for Mc Lean. The properties with the lowest average price have 3 bedrooms, Their price is 50 % cheaper than the average. After that we have properties with 4 bedrooms priced at $1,624,826.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $351 / sq.feet, with an average $1,958 / sq.feet price in Mc Lean. The properties with the highest average prices have 2 bedrooms. They are 255 % more expensive than the average followed by properties with 1 bedroom with a price at $467 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $3,254,622 it is 53 % cheaper than the average price in Mc Lean. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $1,537,766 it is 46 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $14,149 / sq.feet followed by "Office" priced at $14,819 / sq.feet. "Townhouse" is the most costly type of property with a $14,834 / sq.feet cost followed by "Office" with an average price of $14,819 / sq.feet.