Today, 2/26/10, there are 35 properties for sale in the Tysons Corner area (McLean 22102 zip code + Vienna 22182 zip code) in the price range from $300,000 to $600,000. 

Quick Facts

- 19 are Condos, 8 are townhomes, and 8 are detached single family homes

- Communities with properties for sale in Tysons Corner Area in the price range $300,000 to $600,000 = Courthouse Station (2), Dunn Loring Garden, Eudora, Fountains at McLean, Hahn Property (2), Hallcrest Heights (2), Lillian Court (2), Madrillon Springs, Martin, Park Crest (only 2 listed), Regency at McLean (5), Rotonda (7), Spring Lake (2), Sunnybrook, The Colonies (2), The Trails, Tysons Townes, and Tysons Woods

- Distressed Properties (5 of 35 total properties) = 1 is a bank owned property, and 4 are listed as potential short sales.

Tysons Corner available real estate $300,000-$600,000

data from MRIS

Today, 2/19/10, there are 12 properties for sale in the Tysons Corner area (McLean 22102 zip code + Vienna 22182 zip code) under $300,000.  All of those are 1 and 2 bedroom condos located in the 22102 (McLean) zip code.

Quick Facts

- Communities with properties for sale in Tysons Corner <$300,000 = Encore of McLean (1), Fountains at McLean (1), Gates of McLean (5), Regency (1), Rotonda (2), and The Colonies (2).

- All are 1 level properties

- 10 of the 12 are 1 bedroom properties, the other 2 are 2 bedroom properties.

- Distressed Properties (3 of 12 total properties) = 1 is a bank owned property, and 2 are listed as potential short sales.

On the Market right now (2-19-10 11:48am) in Tysons Corner, Virginia under $300,000

data from MRIS

Tysons Corner area Home sales in January 2010

- 23 Homes Sold in Tysons Corner Area (22102 McLean Zip Code + 22182 Vienna Zip Code) in January 2010

- The Type of homes sold were = 14 Tysons Corner Single Family Homes, 4 Tysons Corner Townhomes + 5 Tysons Corner Condos

- For all Tysons Corner Area Properties sold in January 2010 the average statistics were [1] 99.68% sold to list price ratio, [2] an average subsidy of $2,456.22 and [3] average of 98 days on the market

- The numbers are somewhat different by property type though:

–> Tysons Corner Single Family Homes = [1] 99.8% sold to list price ratio, [2] average subsidy of $1,942.2, and [3]average of 104 days on the market

–>Tysons Corner Townhomes = [1] 98.9%, sold to list price ratio, [2] $7,325.50 average subsidy, and [3] average of 88 days on the market

–> Tysons Corner Condos = [1] 100% sold to list price ratio, [2] average subsidy of ZERO ($0), and [3] an average of 89.8 days on the market.

- Homes sold in a variety of communities and neighborhoods =

–> Tysons Corner Single Family Homes = Colvins Glen, Estates at Great Falls, McLean Hamlet (2), Peacock Station, Pine Hill, Saddlebrook Farms, Shouse Village, Smith Farm, Spring Hill, Spring Lake, Timberly South, Woodhaven, and Woodside Estates

–> Tysons Corner Townhomes = Colonies of Madrillon, McLean Court, The Reserve at Tysons Corner, and Westwood towns

–> Tysons Corner Condos = Fountains at McLean, Regency at McLean, Rotonda (2), and The Colonies

- Of the 23 homes sold in the Tysons Corner area in January 2010, there was 1 identified as a Short Sale, and 1 identified as a “foreclosure” or bank owned sale

data from MRIS

Quick Facts for 2009 Tysons Corner Area (McLean 22102 + Vienna 22182) Townhome Sales =

[-] 93 Townhomes (fee simple) Sold

[-] Average Days on Market = 57

[-] Average List Price = $627,407

[-] Average Sold Price = $606,776

[-] Average Seller Subsidy = $3,211

[-] Average Net Sold Price = $603,565

[-] Average Sold to List Price Ratio = 96.7%

[-] Average Net Sold to List Price Ratio = 96.2%

[-] High Sold Price = $365,000

[-] Low Sold Price = $860,000

[-] Short Sales = 5

[-] Bank Owned/Foreclosures = 1

[-] Community with the most sales = The Reserve at Tysons Corner (21)

NVAR (Northern Virginia Association of Realtors) Summary 2000 – Year to Date

Key stats for 22102, Tysons Corner area, zip code =

* – 52 homes/properties under contract right now (11-27-09 9:01pm)

* – Of the 52 homes under contract: 27 are condominiums (condos), 4 are townhome or attached homes, and the other 21 are single family homes

* – 20 of the 52 homes are identified as potential short sales

* – 1 of the 52 is identified as a foreclosure or bank owned sale

* – The properties were on the market from 0 to 828 days before getting a contract, with the average number being 72 days on the market for these Tysons Corner area properties.

* – Gates of McLean, the Tysons Corner condominum neighborhood, lead all communities with 7 properties under contract.  Coming in second, all with 3 properties under contract were: Hunting Ridge, Park Crest, Peacock Station, Rotonda and The Colonies.

Tysons Area Properties under contract 22102 zip code

Key stats for the 22182 zip code =

* – 53 homes/properties under contract

* – Of the 53 under contract: 1 is a condominium, 17 are townhomes, and the rest, 36 are single family homes

* – The average time on the market prior to getting a contract, for all properties, was 81 days, the low was 0 days, and the high was 515 days

* – 17 of the 53 properies are listed as potential short sales

* – non of the 53 properties references being a foreclosure

* – The Reserve at Tysons seems to have the most properties under contract of all neighborhoods (5).  Hahn Property, Courts of Tysons, and Tiburon, are neighborhoods that all tie for second place with 3 properties under contract in each.

Under Contract right now in Tysons Corner area zip code 22182

Chairman, Sharon Bulova, of the Fairfax County Board of Supervisors

On November 3rd, 2009, Sharon Bulova, the Chairman of the Fairfax County Board of Supervisors sent out an E-bulletin to explain the plans for $15 Billion dollars that is goaled in the future for Tysons Corner.  The explanation was a self-described rebuttal or clarification of a Washington Post article October 30th, 2009 which “gave the impression that “Transforming Tysons” costs will break the bank.”

The breakdown of the $15 ($14.8) Billion figure and e-bulletin is as follows =

[A] $5.5 Billion for the Dulles Metro, Silver Line – $5.2 is to build the project, and $0.3 to operate over 40 years

[B] $5.4 Billion for extending the Metro on I-66 further west, which will include some funds for a express bus on the beltway HOT lanes, 66, and other major transit routes

[C] $1.2 Billion to create a grid of streets in Tysons, and associated costs (ie. eminent domain)

[D] $2.7 Billion

These figures are further broken down to be relevant to $67 million a year.  It is also explained that our region has experienced great growth and prosperity in the past 40 years, and certainly there is more to come in the next 40 years. You can click here to see the whole Sharon Bulova e-bulletin on Tysons Corner.