Burke, VA 22015 – May 2008 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.

May 2008 Market Recap:

$409,241 – Average List Price

$398,828 – Average Sales Price

84.35 – Average Days on Market

63 – Total

Burke May 2008 Market Report
Address	OLP	LP	BR	BA	SP	LP/SP	DOMP
8802 Stewart St	$1,145,000	$1,145,000	5	5.1	$1,111,450	97.07%	99
9811 Summerday Dr	$689,900	$689,900	4	2.1	$620,000	89.87%	0
5801 Quiet Oak Ct	$639,900	$639,000	5	3.1	$615,000	96.24%	11
9508 Retriever Rd	$614,950	$614,950	5	3.1	$615,000	100.01%	1
5955 Ohara Landing Ct	$638,000	$638,000	4	3.1	$600,000	94.04%	31
9703 Tiny Ct	$575,000	$575,000	3	2.2	$585,000	101.74%	18
6344 Silas Burke St	$629,999	$574,900	5	3.1	$560,000	97.41%	108
5409 Mount Greenwich Ct	$559,900	$559,900	4	2.1	$550,000	98.23%	7
5830 Oak Leather Dr	$549,000	$549,000	4	2.1	$549,000	100.%	20
7305 Fathom Ct	$549,900	$549,900	4	2.1	$540,000	98.2%	26
10707 Oakenshaw Ct	$555,000	$555,000	4	3.1	$540,000	97.3%	0
9007 Grovers Theater Ct	$549,900	$549,900	4	3.1	$500,000	90.93%	203
9429 Wallingford Dr	$500,000	$500,000	4	2.1	$500,000	100.%	8
9002 Home Guard Dr	$515,000	$499,900	4	2.1	$499,900	100.%	23
5206 Dunleigh Glen Ln	$499,000	$499,000	5	2.1	$490,000	98.2%	324
9526 Southern Cross Ln	$512,000	$512,000	4	3	$482,500	94.24%	37
5709 Waters Edge Landing Ct	$478,000	$478,000	3	3.1	$468,000	97.91%	39
5986 Meadow Brook Dr	$499,900	$478,900	3	3.1	$455,000	95.01%	83
9010 Strattondale Ct	$450,000	$450,000	3	2.1	$450,000	100.%	9
9521 Vandola Ct	$508,500	$445,850	5	3.1	$435,500	97.68%	148
5640 Fort Corloran Dr	$449,950	$439,950	3	2	$430,000	97.74%	302
6309 Tisbury Dr	$450,000	$424,900	3	2.2	$424,900	100.%	30
10025 Park Woods Ln	$429,800	$423,500	4	2.2	$423,500	100.%	21
9511 Scorpio Ln	$429,900	$429,900	3	2	$415,000	96.53%	226
9832 Rand Dr	$409,000	$409,000	3	2.1	$409,000	100.%	78
9987 Hemlock Woods Ln	$389,199	$389,199	3	2.1	$382,800	98.36%	13
5743 Oakshore Ct	$386,777	$386,777	3	3.1	$382,000	98.76%	9
5776 Walnut Wood Ln	$379,950	$379,950	4	3.1	$375,000	98.7%	13
5716 Lakeside Oak Ln	$375,000	$375,000	3	3.1	$375,000	100.%	30
9145 Silchester Ct	$475,000	$400,000	3	2.2	$374,000	93.5%	439
5709 Wood Mouse Ct	$373,999	$373,999	4	3.1	$374,000	100.%	26
5851 Wye Oak Commons Ct	$385,000	$385,000	3	2.2	$370,000	96.1%	5
10116 Chestnut Wood Ln	$369,000	$369,000	4	3.1	$365,000	98.92%	10
5843 Wye Oak Commons Ct #39	$369,950	$369,950	3	2.2	$360,000	97.31%	5
10121 Schoolhouse Woods Ct	$463,000	$383,900	4	3	$360,000	93.77%	223
10221 Scarborough Commons Ct	$349,000	$359,000	3	2.1	$360,000	100.28%	20
9083 Andromeda Dr	$419,900	$349,900	5	3	$350,000	100.03%	100
5806 Silchester St	$350,000	$350,000	3	2.1	$350,000	100.%	384
5707 Walnut Wood Ln	$349,000	$349,000	4	3.1	$349,900	100.26%	6
5781 Crownleigh Ct	$345,000	$345,000	3	2.2	$345,000	100.%	0
9769 Lakepointe Dr	$354,888	$354,888	3	3.1	$345,000	97.21%	68
9600 Westport Ln	$349,998	$349,998	4	2.2	$340,000	97.14%	28
9392 Peter Roy Ct	$337,500	$337,500	3	2.2	$330,000	97.78%	2
9315 Willow Pond Ln	$416,000	$399,900	3	2.1	$330,000	82.52%	243
5825 Oak Ladder Ct	$319,900	$319,900	3	2.1	$312,000	97.53%	7
6215 Centaurus Ct	$321,500	$321,500	3	2	$310,000	96.42%	453
5860 Wood Flower Ct	$244,500	$294,500	3	3.1	$304,000	103.23%	6
9821 Spillway Ct	$339,900	$309,500	3	2.2	$300,000	96.93%	56
9406 Fairleigh Ct	$299,900	$299,900	3	2.1	$299,900	100.%	25
9516 Draycott Ct	$379,900	$314,900	3	2.1	$299,000	94.95%	196
5873 Jacksons Oak Ct	$299,900	$299,900	3	2.2	$295,000	98.37%	3
5875 Jacksons Oak Ct	$280,000	$280,000	3	3.1	$275,000	98.21%	63
10677 Spring Oak Ct	$289,000	$289,000	3	1.1	$273,000	94.46%	24
6316 Teakwood Ct	$263,500	$263,500	3	3.1	$272,000	103.23%	6
10324 Mockingbird Pond Ct	$269,900	$269,900	3	3.1	$269,900	100.%	5
5106 Arrit Ct	$275,000	$275,000	2	1.1	$268,000	97.45%	10
10174 Sassafras Woods Ct	$299,900	$284,900	4	3.1	$246,000	86.35%	326
5547 Hollins Ln	$235,000	$235,000	3	2.1	$240,000	102.13%	76
10224 Quiet Pond Ter	$234,900	$234,900	3	2.1	$235,000	100.04%	171
5585 Hollins Ln	$259,900	$233,900	3	2.1	$233,900	100.%	174
5518 Hollins Ln	$251,900	$236,900	3	2.1	$227,000	95.82%	55
5112 Dahlgreen Pl	$227,500	$199,900	3	2	$210,000	105.05%	27
9174 Broken Oak Pl #67A	$179,900	$179,900	2	2	$170,000	94.5%	155

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.

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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]

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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.

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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.

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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.