For those in Mclean/Langley: when do you think inventory in your neighborhood will go up?

Anonymous
For those in the coveted McLean/Langley school districts - do you think people are looking to sell this winter or in the spring? What is the general sense you're getting?

We're a young family that loves our home in NW DC but the recent violence is making us look to move to our forever home sooner rather than later. Our budget is 1.1-1.5m but there seems to be very slim pickings right now. Curious if we should jump on the next one we see or to hold out until spring. It seems like a lot of the homes in our price range right now are very overpriced right now considering what sold just a few months ago.
Anonymous
You are going to be up against builders, so finding something in that price range will be rare.

Most people don't sell in the winter, they sell in the spring. You need a realtor who is from the area, knows the area well, is well connected, and will know the homes going for sale before they do. Avoid the area mom-realtors, bad news.
Anonymous
Agree with PP there will be more on the market in the spring, but even then you may have to pounce when it comes to nice houses in the $1.0-1.5M price range in those school districts. Properties in the McLean zip codes feeding to those two schools (22101 and 22102) generally will be more expensive, so in the case of the Langley district there may be some more attractive properties further west in Great Falls (22066) and in the case of the McLean district there may be some more attractive properties further south in Falls Church (22043).

Also, some of the top realtors in that part of NoVa are moms (and Dads) - when PP said to avoid "mom realtors," I assume they meant avoid realtors who just dabble a bit in real estate on the side and don't know the market as well as other realtors.

Good luck!
Anonymous
If the neighbor’s children finally convince my neighbor to sell, she is in assisted living, there will be at least one house. It is the 1970’s in the house, but everything is well taken care of and it is a center hall colonial with four bedrooms up stairs and a two car garage. It is also in a DCUM top ES district. It will go fast. It is a unicorn. That is the only possibility on my street for this spring.
Anonymous
Inventory will go up when apartment buildings are constructed there. Until then, it will be tough.
Anonymous
Anonymous wrote:If the neighbor’s children finally convince my neighbor to sell, she is in assisted living, there will be at least one house. It is the 1970’s in the house, but everything is well taken care of and it is a center hall colonial with four bedrooms up stairs and a two car garage. It is also in a DCUM top ES district. It will go fast. It is a unicorn. That is the only possibility on my street for this spring.


This is exactly the kind of home we're looking for. Not looking for a completely renovated home, just something with nice curb appeal and decently well kept. Fingers crossed your neighbor decides to sell!
Anonymous
Anonymous wrote:Inventory will go up when apartment buildings are constructed there. Until then, it will be tough.


But then it will no longer be a "coveted" area -- just another Tysons with low income families in two bedroom apartments.
Anonymous
Anonymous wrote:
Anonymous wrote:Inventory will go up when apartment buildings are constructed there. Until then, it will be tough.


But then it will no longer be a "coveted" area -- just another Tysons with low income families in two bedroom apartments.

Interesting. So the apartments are going to cause the area to be moved further away from dc?
Anonymous
Anonymous wrote:
Anonymous wrote:Inventory will go up when apartment buildings are constructed there. Until then, it will be tough.


But then it will no longer be a "coveted" area -- just another Tysons with low income families in two bedroom apartments.


What area are you talking about?

While there are some affordable housing set-asides in some of the newer buildings, most of the newer two-bedroom apartments in central McLean are expensive. Look at the prices for the Signet building or Evans Farm; for example:

https://www.redfin.com/VA/McLean/6900-Fleetwood-Rd-22101/unit-503/home/169132268

https://www.redfin.com/VA/McLean/7222-Farm-Meadow-Ct-22101/unit-202/home/9851702

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Inventory will go up when apartment buildings are constructed there. Until then, it will be tough.


But then it will no longer be a "coveted" area -- just another Tysons with low income families in two bedroom apartments.

Interesting. So the apartments are going to cause the area to be moved further away from dc?


Keep trying with your Greater Greater Washington shtick. The neighborhood will not be less desirable because of any change in the location but because there will no longer be single family houses with yards, schools, parks, and rec centers that are not overcrowded, and the schools will no longer be top performing. Just compares Westgate Elementary School where many McLean apartments are located and Springhill Elementary school and get back to me.
Anonymous
Just saw this coming up in my neighborhood:
https://www.redfin.com/VA/McLean/8301-Riding-Ridge-Pl-22102/home/9262707

Anonymous
We are empty-nesters in Mclean and we want to sell, but the idea of having people come thru during Covid has put the idea on the back burner. Wait it out or rent a house in Mclean to get your kids in the excellent schools. I think there are a lot of people like us in a holding pattern. Once Covid is over we're out of here.
Anonymous
Anonymous wrote:Just saw this coming up in my neighborhood:
https://www.redfin.com/VA/McLean/8301-Riding-Ridge-Pl-22102/home/9262707



Nice price, but the location outside the beltway near 193 blows.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Inventory will go up when apartment buildings are constructed there. Until then, it will be tough.


But then it will no longer be a "coveted" area -- just another Tysons with low income families in two bedroom apartments.


What area are you talking about?

While there are some affordable housing set-asides in some of the newer buildings, most of the newer two-bedroom apartments in central McLean are expensive. Look at the prices for the Signet building or Evans Farm; for example:

https://www.redfin.com/VA/McLean/6900-Fleetwood-Rd-22101/unit-503/home/169132268

https://www.redfin.com/VA/McLean/7222-Farm-Meadow-Ct-22101/unit-202/home/9851702



DP and an agent who works in McLean. It sounds like OP is looking for a house, not a condo. Most of places in The Signet were purchased by foreign investors who are now trying to dump the properties at or less than what they paid for them. Evans Farm is nice and has some single family homes, but it is total built out. The poster is talking about what Arlington is planning to do: rezone single family neighborhoods along what was once Lee Hwy and is now Langston Blvd so that more apartment buildings can be built there.

Fairfax could do something similar by rezoning the neighborhoods along Dolly Madison Blvd (Rt. 1230 from Lewinsville Road east to Merchant's Lane for apartments.
Anonymous
^^Rt. 123
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