Fountains in McLean in May 2009

2 Homes were Sold in the Fountains at McLean in May 2009. A one bedroom, bank owned elm model, for $200,000 and $4,602 in seller concessions. This property was asking $184,900 at time of contract - but as you can see it was bid up in price.

The other property sold in May 2009 was a 2 bedroom 2 bathroom, Oak model, that settled for $315,000 with no seller subsidy. This was a regular sale. They were asking $324,900 at time of contract. So these two properties sold in an average of 28 days on market for an average of $295.52/per square foot.

The 2 homes sold in May 2009 is double the activity of last year, May 2008, where only 1 home sold in that period. It was a bank owned 2 bedroom 2 bathroom, Magnolia Model, that sold for $320,000 and $7,500 in seller concenssions. So a net price of $312,500, and a price per square foot of $322.50.

Right now in the Fountains at McLean, in Tysons Corner, there are 2 properties available to purchase. The first is a bank owned 2 bedroom 2 bathroom, Willow Model, that is asking $306,800. The second is a 1 bedroom 1 bathroom, Pine Model, asking $224,900.

In terms of rentals, there are now 7 available properties for rent in the Fountains at McLean. 5 of those available are 2 bedroom 2 bathroom models, ranging from $1,599/month to $1,900/month in asking price. The other two properties available for rent are 1 bedroom 1 bathroom models asking $1,250/month and $1,300/month in rent.