Burke, VA 22015 – May 2012 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 2012 Market Recap:

$443,003 – Average List Price

$440,497 – Average Sales Price

30.75 – Average Days on Market

79 – Total

Burke May 2012 Market Report
Address	OLP	LP	BR	BA	SP	LP/SP	DOMP
5967 Burnside Landing Dr	$718,000	$718,000	5	3.2	$685,000	95.4%	20
6317 Falling Brook Dr	$650,000	$629,900	4	2.1	$650,000	103.19%	7
6931 Spanker Dr	$615,000	$615,000	4	3.1	$640,000	104.07%	3
9216 Cork Pl	$629,900	$629,900	5	3.1	$629,900	100.%	8
10071 Marshall Pond Rd	$629,888	$629,888	5	3.2	$629,000	99.86%	5
9154 Bloom Ct	$629,000	$629,000	4	3.1	$629,000	100.%	12
9758 Rehanek Ct	$594,777	$594,777	4	2.1	$605,000	101.72%	2
5705 Wooden Hawk Ln	$614,900	$614,900	4	2.2	$600,000	97.58%	17
10838 Burr Oak Way	$599,888	$599,888	4	3.1	$599,888	100.%	0
5414 Mount Greenwich Ct	$599,000	$599,000	4	2.1	$595,000	99.33%	1
6309 Skinner Dr	$619,900	$619,900	4	3.1	$595,000	95.98%	4
6907 Spanker Dr	$599,950	$599,950	3	3.1	$590,000	98.34%	8
9514 Yardarm Ln	$587,000	$587,000	4	3.1	$587,000	100.%	1
10724 Burr Oak Way	$579,888	$579,888	5	3.1	$585,000	100.88%	3
9507 Protest Ct	$579,900	$579,900	4	3.1	$571,500	98.55%	5
9200 Byron Ter	$599,900	$584,900	4	2.1	$569,000	97.28%	28
9626 Lincolnwood Dr	$566,100	$566,100	4	2.2	$566,100	100.%	0
9712 Church Way	$565,000	$565,000	4	3.1	$565,500	100.09%	3
9219 Byron Ter	$568,777	$568,777	4	2.1	$565,000	99.34%	4
6896 View Park Dr	$569,950	$569,950	4	2.1	$565,000	99.13%	21
5201 Dunleigh Dr	$588,500	$569,900	4	2.1	$561,000	98.44%	124
9700 Harr Ct	$559,900	$559,900	4	2.2	$559,900	100.%	29
9210 Wyeth Ln	$569,900	$549,900	4	2.1	$550,000	100.02%	43
6574 Stoneway Ct	$569,900	$559,900	4	3.1	$546,000	97.52%	35
9713 Ironmaster Dr	$545,000	$545,000	4	2.1	$545,000	100.%	10
9913 Coffer Woods Rd	$554,000	$547,500	4	3.1	$537,500	98.17%	135
9441 Onion Patch Dr	$552,500	$539,900	4	2.1	$537,500	99.56%	103
9403 Wallingford Dr	$585,000	$550,000	5	3.1	$525,000	95.45%	31
9016 Lake Braddock Dr	$510,000	$510,000	5	3.1	$510,000	100.%	2
6240 Wilmette Dr	$515,000	$499,000	4	3.1	$485,000	97.19%	138
10152 Marshall Pond Rd	$484,000	$484,000	3	3.1	$484,500	100.1%	3
5825 New England Woods Dr	$488,500	$488,500	5	2.1	$483,000	98.87%	34
9523 Burning Branch Rd	$489,950	$489,950	4	3	$480,000	97.97%	11
9601 Chapel Hill Dr	$475,000	$475,000	4	3.1	$475,000	100.%	15
8929 Lake Braddock Dr	$464,888	$464,888	4	3	$464,888	100.%	130
9514 Southern Cross Ln	$459,950	$459,950	3	3	$460,000	100.01%	4
10306 Steamboat Landing Ln	$449,900	$449,900	4	2.1	$450,000	100.02%	6
9514 Wallingford Dr	$419,900	$419,900	4	3.1	$445,000	105.98%	3
6108 Covered Bridge Rd	$449,900	$449,900	4	2.1	$440,000	97.8%	10
9025 Fox Lair Dr	$429,997	$429,997	3	2.1	$435,000	101.16%	6
10009 Park Woods Ln	$430,000	$430,000	4	2.2	$430,000	100.%	31
9635 Hillock Ct	$424,888	$424,888	4	3.1	$425,000	100.03%	5
6367 Tisbury Dr	$415,000	$415,000	4	3.1	$417,000	100.48%	4
5406 Midship Ct	$400,000	$400,000	4	2.1	$400,000	100.%	24
9366 Mccarthy Woods Ct	$399,900	$399,900	3	2.1	$397,000	99.27%	8
5515 Westcliff Ct	$420,000	$380,000	4	3	$389,000	102.37%	226
10021 Beacon Pond Ln	$365,000	$365,000	3	3.1	$370,000	101.37%	3
6212 Centaurus Ct	$369,000	$369,000	3	2	$360,000	97.56%	400
5708 Mason Bluff Dr	$359,900	$359,900	4	2.1	$359,900	100.%	4
9503 Ashbridge Ct	$359,900	$359,900	3	2.2	$354,000	98.36%	47
5731 Wood Mouse Ct	$348,900	$348,900	3	2.1	$352,850	101.13%	2
5410 Midship Ct	$365,000	$365,000	4	2.1	$350,000	95.89%	20
6009 Clerkenwell Ct	$358,777	$349,900	4	3.1	$349,900	100.%	19
10347 Pond Spice Ter	$349,899	$349,899	3	3.1	$349,899	100.%	5
6340 Teakwood Ct	$349,000	$349,000	3	3.1	$349,000	100.%	45
10218 Quiet Pond Ter	$350,000	$348,500	3	3.1	$348,500	100.%	29
10004 Chestnut Wood Ln	$342,000	$342,000	4	3.1	$347,000	101.46%	3
9513 Ashbridge Ct	$340,000	$340,000	3	2.2	$340,000	100.%	5
9442 Cloverdale Ct	$359,888	$359,888	3	2.1	$340,000	94.47%	4
5786 Crownleigh Ct	$335,000	$335,000	3	2.2	$340,000	101.49%	9
9537 Ashbridge Ct	$349,999	$334,999	3	2.1	$335,000	100.%	77
5717 Burke Towne Ct	$334,900	$343,900	3	2.1	$335,000	97.41%	30
5813 Wood Poppy Ct	$332,000	$332,000	3	3.1	$332,000	100.%	14
6141 Calico Pool Ln	$329,000	$329,000	3	2.2	$329,000	100.%	3
5825 Robins Nest Ln	$375,000	$375,000	4	3.1	$325,000	86.67%	13
6010 Liberty Bell Ct	$309,000	$309,000	4	3.1	$309,000	100.%	23
6019 Kerrwood St	$315,000	$315,000	3	3.1	$303,000	96.19%	0
9773 High Water Ct	$300,000	$300,000	3	2.1	$303,000	101.%	7
6343 Fenestra Ct #123	$299,888	$299,888	4	3.1	$289,000	96.37%	71
9725 Ashbourn Dr	$290,000	$290,000	3	2.2	$288,000	99.31%	11
10232 Sassafras Woods Ct	$299,900	$289,900	3	3.1	$287,100	99.03%	162
10635 Summer Oak Ct	$279,000	$279,000	4	2.1	$279,000	100.%	9
5406 Crossrail Dr	$275,000	$275,000	3	1.3	$275,000	100.%	1
9701 Ashbourn Dr	$229,000	$229,000	3	2.2	$262,000	114.41%	7
5951 Heritage Square Dr	$290,000	$255,000	4	3.1	$255,000	100.%	19
5966 Annaberg Pl #179	$254,900	$254,900	3	3	$254,900	100.%	5
9317 Humphries Dr	$229,900	$229,900	3	3.1	$235,000	102.22%	30
5902 Cove Landing Rd #202	$229,950	$229,950	2	2	$226,000	98.28%	6
5837 Cove Landing Rd #302	$209,500	$209,500	3	2	$212,000	101.19%	24

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.