1Sale in Gates in April 2009

Just like the title of this post says, there was one SOLD property in the Gates of McLean in 2009. It was a 2 bedroom 2 bathroom property in building 1570. That is a Mid-Rise building with garage parking. This property had 1 garage parking and 1 assigned out door parking space. So a total of 2 parking spaces. This is definately a plus. The home was also very nicely appointed with upgraded flooring, cabinetry, and countertops. There was also the benefit of not facing the parking lot, as half the homes do. This home faced into the courtyard, and was even somewhat protected by some mature trees to give you a private feel.

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So now to what you really care about, the money. The home sold for $335,900 and no subsidy. It was on the market for a total of 18 days. This is great considering that the Gates of McLean average days on market for the past year for the SOLD properties is 56 days.

There is still plenty more on the market right now at the Gates. In fact, there are 7 other properties available for sale. 4 of these are one bedrooms (asking $219,950 to $267,900), and the other 3 are two bedrooms (asking $309,000 to $329,000).

1 Sold property in April this year (2009) is keeping pace with April of last year (2008). As there was only one sold property in that same month last year. May may be a little better as there are 2 properties under contract right now.