Burke, VA 22015 – April 2017 Real Estate Market Update

Your Burke Real Estate agent, Abraham Walker, has prepared your local real estate market report for homes sold in the 22015 zip code. At Ask A Walker, we believe that more information about the local market leads to better decisions. If you’re planning on selling your home or buying in today’s market, we’ve included the property address, list price, and days on market for previous transactions.

Top Property Types Sold:

Single-Family: 30

Town House: 30

Condo: 6

April 2017 Market Recap:

Closed Sales Volume – $32,386,790

Median Sales Price –  $448,500

Units Sold –  68

Average Sales Price –  $476,276

Average SP to OLP – 99.7%

Average Seller Subsidy –  $2,356

Burke April 2017 Single Family Market Report
Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
6308 Timarron Cove Ln
$860,000
$850,000
5
4.1
$850,000
100.0%
90
6364 Torrence St
$749,000
$749,000
4
3.1
$740,000
98.8%
191
5718 Wooden Hawk Ln
$699,990
$699,990
5
3.1
$699,990
100.0%
10
9215 Cork Pl
$659,900
$659,900
4
2.1
$685,000
103.8%
4
10726 Burr Oak Way
$624,999
$649,999
5
3.1
$675,000
103.8%
0
10208 Steamboat Landing Ln
$659,999
$659,999
4
3.1
$660,000
100.0%
5
9419 Onion Patch Dr
$619,900
$619,900
3
2.1
$640,500
103.3%
2
5201 Dunleigh Dr
$662,000
$644,000
5
3.1
$640,000
99.4%
34
6452 Honey Tree Ct
$649,950
$649,950
4
3.1
$637,000
98.0%
121
5213 Dunleigh Dr
$639,900
$639,900
5
3.0
$630,500
98.5%
0
10809 Burr Oak Way
$624,999
$624,999
4
3.1
$625,000
100.0%
5
6221 Windward Dr
$625,000
$625,000
4
4.0
$625,000
100.0%
0
6010 Burnside Landing Dr
$625,000
$625,000
4
3.0
$625,000
100.0%
13
5620 Fort Corloran Dr
$657,900
$627,000
4
3.1
$620,000
98.9%
34
6204 Atherstone Ct
$599,950
$620,000
4
3.1
$620,000
100.0%
9
6551 Gladeview Ct
$624,900
$624,900
4
2.1
$619,000
99.1%
21
7303 Lightship Ct
$585,900
$585,900
4
3.0
$603,000
102.9%
3
9510 Waterline Dr
$625,000
$605,000
4
3.1
$600,000
99.2%
35
9304 Winbourne Rd
$590,000
$587,500
4
2.1
$591,000
100.6%
8
10039 Marshall Pond Rd
$610,000
$610,000
4
2.1
$590,000
96.7%
182
10103 Marshall Pond Rd
$609,999
$609,999
4
2.1
$590,000
96.7%
9
7302 Lightship Ct
$589,000
$589,000
4
2.1
$589,000
100.0%
8
7000 Ballast Ct
$593,000
$593,000
4
2.2
$585,000
98.7%
5
5060 Queens Wood Dr
$589,900
$589,800
5
3.1
$585,000
99.2%
73
9519 Southern Cross Ln
$650,000
$598,000
5
3.1
$580,000
97.0%
204
5840 Ridge Ford Dr
$569,900
$559,900
5
3.0
$549,000
98.1%
187
5650 Mount Burnside Way
$499,950
$499,950
3
2.1
$517,500
103.5%
4
6612 Bestwicke Ct
$489,900
$489,900
3
2.0
$492,000
100.4%
1
5707 Oak Green Way
$459,999
$449,000
4
2.0
$440,000
98.0%
94
5720 Oak Fern Ct
$425,000
$425,000
3
2.1
$425,000
100.0%
1

 

Burke April 2017 Town House Market Report
Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
6305 Tisbury Dr
$499,999
$499,999
3
3.1
$504,000
100.8%
4
5440 Mersea Ct
$485,000
$485,000
4
2.1
$496,000
102.3%
5
9373 Peter Roy Ct
$475,000
$475,000
3
2.2
$475,000
100.0%
6
9351 Peter Roy Ct
$468,500
$468,500
3
2.2
$475,000
101.4%
5
5488 Midship Ct
$450,000
$450,000
3
2.1
$460,000
102.2%
2
5408 Calstock Ct
$447,000
$447,000
4
2.1
$450,000
100.7%
22
10336 Pond Spice Ter
$434,900
$442,900
3
3.1
$445,000
100.5%
1
5752 Lakeside Oak Ln
$419,900
$419,900
4
3.1
$425,500
101.3%
2
9735 Lakepointe Dr
$410,000
$410,000
3
2.2
$425,000
103.7%
3
9770 Lakepointe Dr
$404,900
$404,900
3
2.2
$420,500
103.9%
4
10203 Roberts Common Ln
$399,888
$399,888
3
2.2
$415,000
103.8%
4
10214 Faire Commons Ct
$400,000
$400,000
3
2.1
$409,500
102.4%
4
6101 Calico Pool Ln
$420,000
$407,000
3
2.2
$407,000
100.0%
3
5466 Stavendish St
$409,900
$399,900
3
3.1
$407,000
101.8%
4
5415 Lighthouse Ln
$400,000
$400,000
4
2.2
$400,000
100.0%
4
9613 Westport Ln
$399,999
$399,999
3
2.2
$400,000
100.0%
4
9880 Burke Pond Ct
$399,900
$399,900
3
2.1
$400,000
100.0%
3
5805 Banning Pl
$399,900
$399,900
3
2.1
$387,000
96.8%
3
6117 Martins Landing Ct
$385,000
$385,000
3
2.1
$385,000
100.0%
0
5773 Burke Towne Ct
$374,999
$374,999
3
2.1
$378,000
100.8%
3
4936 Tibbitt Ln
$365,000
$369,900
4
2.1
$369,900
100.0%
16
6010 Mardale Ln
$359,900
$359,900
3
3.1
$362,500
100.7%
3
9300 Humphries Dr
$369,900
$369,900
3
3.1
$352,500
95.3%
3
6021 Ticonderoga Ct
$360,000
$360,000
3
2.2
$350,000
97.2%
8
5540 Crossrail Ct
$350,000
$350,000
3
2.2
$350,000
100.0%
3
9201 Sprucewood Rd
$349,900
$349,900
3
2.1
$349,900
100.0%
3
5535 Peppercorn Dr
$349,999
$335,000
3
2.1
$330,000
98.5%
76
9720 Ashbourn Dr
$319,000
$309,900
3
1.1
$315,000
101.6%
20
5978 Bridgetown Ct #111
$287,500
$287,500
3
3.0
$287,500
100.0%
0
5134 Harford Ln
$265,000
$265,000
3
1.1
$286,000
107.9%
3

 

Burke April 2017 Condo Market Report
Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
5801 Cove Landing Rd #203
$279,900
$279,900
3
2.0
$278,000
99.3%
4
5819 Cove Landing Rd #102
$274,900
$269,900
2
2.0
$269,000
99.7%
11
5934 Cove Landing Rd #102C
$261,000
$261,000
2
2.0
$261,000
100.0%
6
5812 Cove Landing Rd #202
$252,999
$252,999
2
2.0
$253,000
100.0%
18
5932 Cove Landing Rd #304D
$254,900
$249,900
2
2.0
$242,500
97.0%
20
5800 Cove Landing Rd #203
$240,000
$240,000
2
2.0
$240,000
100.0%
7

 

Burke April 2017 Overall Market Report
Legal Subdivision
Units Sold
Average OLP
Average Sales Price
SP/OLP
Average DOM
Timarron Cove
1
$860,000
$850,000
98.8%
90.0
Keene Mill Oaks Associat
1
$749,000
$740,000
98.8%
191.0
Southport
1
$659,900
$685,000
103.8%
4.0
Honey Tree
1
$649,950
$637,000
98.0%
121.0
Dunleigh
2
$650,950
$635,250
97.6%
17.0
Signal Hill
1
$657,900
$620,000
94.2%
34.0
Cardinal Glen
1
$599,950
$620,000
103.3%
9.0
Longwood Knolls
6
$610,467
$599,583
98.2%
42.8
Queens Gate
1
$589,900
$585,000
99.2%
73.0
Cherry Run
2
$557,400
$555,500
99.7%
11.0
Fox Lair
1
$499,950
$517,500
103.5%
4.0
Burke Centre
18
$514,971
$516,055
100.2%
19.1
Britford
1
$499,999
$504,000
100.8%
4.0
Caroline Oaks
2
$471,750
$475,000
100.7%
5.5
Burke Station Square
3
$443,233
$432,833
97.7%
64.3
Lake Braddock
9
$419,100
$422,822
100.9%
7.4
Lakepointe
2
$407,450
$422,750
103.8%
3.5
Hillsdale
1
$409,900
$407,000
99.3%
4.0
Townes Of Burke
1
$374,999
$378,000
100.8%
3.0
Heritage Square
1
$360,000
$350,000
97.2%
8.0
Keene Mill Woods
1
$349,900
$349,900
100.0%
3.0
Greenfield Farm
3
$339,666
$331,667
97.6%
33.0
Oakwood Commons Burke
1
$287,500
$287,500
100.0%
0.0
Burke Cove
6
$260,617
$257,250
98.7%
11.0
1
$150,000
$150,000
100.0%
5.0

Do you have a property in Burke you would like to sell? We can help sell your Burke Property!  Call 703-539-2053 to discuss your home’s value or visit us on the web for your free home value report done by an experienced Northern Virgina Realtor®. We are here to help you with all of your Northern Virginia real estate needs.

Check My Burke Home Value
 
Recent Burke Sold Properties
 
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BURKE HOMES FOR SALE

[su_row]
[su_column size=”1/3″]Under $300K[/su_column]
[su_column size=”1/3″]Under $500K[/su_column]
[su_column size=”1/3″]Under $700K[/su_column]
[/su_row]
[su_row]
[su_column size=”1/3″]Under $1M[/su_column]
[su_column size=”1/3″]Over $1M[/su_column]
[su_column size=”1/3″][/su_column]
[/su_row]

Table Key
Title Name Description
Legal Subdivision Legal Subdivision This is the legal description of the property. Sometimes this name matches the condo development.
Address Street Address This is the street address of the property.  Condo unit, Apt numbers and Suite numbers will show up before or after the address.
OLP Original List Price This is the starting list price of the property before price reductions.
LP List Price This is the last list price before the property was sold.  This price is used in the List Price to Sales Price ratio.
BR Bedrooms Number of bedrooms listed in the Multiple Listing Service (MLS).  This number does not represent “legal” bedrooms.  This is a number agents input into the MLS when marketing the property.
BA Bedrooms Number of bedrooms listed in the Multiple Listing Service (MLS).  This number does not represent “legal” bedrooms.  This is a number agents input into the MLS when marketing the property.
BA Bathrooms Number of all bathrooms in the property.  This number includes full and half bathrooms.  Half bathrooms are noted as a tenth of a number. 1 half bathroom = .1, 2 half bathrooms = .2, 3 half bathrooms = .3, etc.
SP Sale Price This is the number reported in the MLS as the sales price of the property.  This number does not take into account closing cost or incentives paid by the seller.  Contact us directly to receive information on closing cost paid by the seller to the buyer.
LP / SP List Price to Sales Price Ratio This percentage is calculated by dividing the Sales Price by the List Price and multiplying the result by 100 to represent the number using percentage.  This number measures the distance from the list price the seller received for the property.  This number is not accurate because it does not take into account the amount the seller paid in closing cost or incentives to the buyer at the time of closing.  Please contact us if you would like a complete picture of the local real estate market.
DOMP Days On Market Property Total number of days the property has been on the market regardless of status until the home closes.

Fun Facts about the Burke Zip Code 22015 from CityData:

Estimated zip code population in 2015: 45,029
Zip code population in 2010: 43,102
Zip code population in 2000: 42,938

22015 has several legal subdivisions. Here is a short list of a few of the Burke subdivisions:

Belleair, Bent Tree, Britford, Burke, Burke Centre, Burke Chase, Burke Cove, Burke Heights, Burke Hills Assn, Burke Lake Meadow, Burke Manor, Burke Ridge Cluster, Burke Station Square, Burke Village, Burkes Way, Burkewood Glenn, Cardinal Estates, Cardinal Glen, Caroline Oaks, Carrleigh, Cherry Run, Clayton’S Grove, Crownleigh, Dunleigh, Dunleigh Oaks, Edgewater, Four Oaks Estates, Fox Lair, Greenfield Farm, Heritage Square, Heritage Square North, Hillsdale, Holly Ridge, Homewood, Honey Tree, Indian Oaks, Inglewood Estates, Isle Of Wyght, Keene Mill Forest, Keene Mill Oaks Associat, Keene Mill Woods, Kings Grove, Lake Braddock, Lake View Park, Lakepointe, Lee Chapel Forest, Lee Chapel Ridge, Longwood Knolls, Meadow Brook Cove, Meadows Of Narnia, Millstone Pond, Oak Leather Townhomes, Oakwood Commons Burke, Old Mill Community, Old Stone Mill, Orange Hunt West, Park Lee, Pepper Tree, Queens Gate, Rolling Valley West, Rollingwoods Estates, Shannon Station, Signal Hill, Signal Hill Carrs, Signal Hill Estates, Simpson Subdivision, Southport, Spring Garden, Spring Lake Farms, Spring Lake Woods, Summerday, The Pines, Timarron Cove, Townes Of Burke, Tripolis At Lake Braddoc, Walden At Burke Centre, Waverly East, Waverly West, Weston Hills, Westwood Manor Courts, Windsor Knolls, Wooded Glen, Woodridge, Woodwalk.

Data compiled from the MRIS. Statistics deemed reliable, but not guaranteed. We feel that if you are in the market to Sell a home in Burke or Buy a Home in Burke, it is important to understand the trends in Closed Listings, Days on the Market, and Listing to Sale Price ratio so that you can make an educated decision.

About the Author: The above article was written by Abraham Walker, Your Burke Virginia Real Estate Agent, helping clients market their homes to achieve high sales with a quick closing time is my main priority.  He’s the co-founder of Ask A Walker and can be found on YouTube, Facebook, and HERE on this blog.

Abraham can be reached via email at Abraham@AskAWalker.com or by phone at (703)539-2053.  He’s happy to answer all your real estate questions.

Thinking of selling your home?  Check out 20+ step process to selling your home. Our contact me now to start the process.  Same day appointments are available on a case by case basis.

I help people sell and buy real estate in the following Northern Virginia area cities & neighborhoods: Kingstowne, Island Creek, Cameron Station, Overlook, Alexandria, Old Town, Belle Haven, Fort Hunt, Mount Vernon, Springfield, West Springfield, Burke, Lorton, Woodbridge, Lake Ridge, Manassas, Annandale, Fairfax, Arlington, McLean, Reston, Herndon and of course Vienna.

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Keller Williams Realty Kingstowne

5971 Kingstowne Village Pkwy #110 Alexandria, VA 22315

703-539-2053 - Mobile Phone
703-562-1800 - Office Phone
info@demo.agentreputation.xyz

Abraham Walker, Realtor®
License # 0225208281

Krystal Walker, Realtor®
License # 0225213531

Licensed in the Commonwealth of Virginia