If you’re looking for Fountains at McLean condos for sale, this market analysis will give you a good idea of what condos in this community are currently worth.
Currently Listed Fountains at McLean Condos for Sale
This market analysis will focus specifically on 1 bedroom, 1 bath condos in the Fountains at McLean community. Currently there are two 1 bedroom, 1 bath Fountains at McLean condos for sale, ranging in price from $266,500 – $270,000. If you owned a condo in this community and were to put it on the market today, you should think of the properties currently for sale as the “competition,” because buyers and their agents will be looking at those list prices and comparing the properties to your condo. The average number of days on the market for condos in this area in December was 47 days, so well-priced properties should sell well before that time frame.
There are also currently two 1 bedroom, 1 bath condos in this community that are under contract – before they went under contract, their final listing prices $250,000 and $255,000.
There have been four closed sales of 1BR/1BA condos at the Fountains at McLean in the past six months, with sales prices ranging from $250,000 - $269,000. The properties on the higher end of that price spectrum had more upgrades, like hardwood (or pergo, it looks like in some cases) floors and granite kitchen countertops, etc.
Recent closed sales of Fountains at McLean condos:
- 1504 LINCOLN WAY #420 – closed August 14, 2013 at $258,500 with a $6,500 seller subsidy.
- 1536 LINCOLN WAY #102 – closed January 10, 2014 at $269,000 with a $2,500 seller subsidy.
- 1524 LINCOLN WAY #204 – closed December 16, 2013 at $257,500.
- 1524 LINCOLN WAY #405 – closed October 15, 2013 at $250,000.
Judging from the recent comparable sales, 1BR/1BA Fountains at McLean condos appear to be worth between $250,000 and $270,000, depending on how many upgrades a unit has.
If you’re in the market for a Fountains at McLean condo, give me a call at 703-462-0700 so I can go to work for you. I grew up in this area and have a great working knowledge of the local real estate market.
If you own a condo at the Fountains at McLean and are considering selling, call me for a hassle-free, over-the-phone market analysis. This will give you a good idea of how much your condo is worth, and whether or not it’s a good time for you to sell.