Burke, VA 22015 – August 2014 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.

August 2014 Market Recap:

$489,803 – Average List Price

$481,043 – Average Sales Price

36.94 – Average Days on Market

62 – Total

Burke August 2014 Market Report
Address	OLP	LP	BR	BA	SP	LP/SP	DOMP
10107 Waterside Dr	$1,025,000	$1,025,000	5	4.1	$1,050,000	102.44%	2
9812 Portside Dr	$1,125,000	$1,060,000	4	3.1	$1,035,000	97.64%	76
10108 Deckhand Dr	$899,900	$849,900	4	4.1	$800,000	94.13%	176
9010 Digory Ct	$749,900	$699,900	4	3.1	$697,000	99.59%	84
9638 Ironmaster Dr	$699,999	$699,999	4	2.1	$690,000	98.57%	8
10603 Burr Oak Way	$684,888	$684,888	4	3.1	$685,000	100.02%	61
9605 Villagesmith Way	$695,000	$679,950	4	3.1	$677,000	99.57%	10
9700 Stipp St	$649,900	$649,900	5	3.1	$635,000	97.71%	103
5241 Dunleigh Dr	$670,000	$650,000	4	3.1	$630,000	96.92%	35
9723 Dellford Ct	$635,000	$635,000	4	3.1	$625,000	98.43%	8
5200 Ruffner Woods Ct	$614,900	$614,900	4	2.1	$617,000	100.34%	8
6668 Old Blacksmith Dr	$635,000	$635,000	4	2.2	$605,000	95.28%	15
9213 Wyeth Ln	$650,000	$600,000	4	2.1	$600,000	100.%	20
9180 Lake Braddock Dr	$599,999	$599,999	4	3.1	$600,000	100.%	79
6344 Torrence St	$640,000	$589,900	4	2.1	$589,900	100.%	36
7321 Lightship Ct	$624,900	$599,800	4	3	$585,000	97.53%	44
9688 Church Way	$599,888	$599,888	4	3.1	$580,000	96.68%	60
6230 Capella Ave	$574,900	$574,900	4	3.1	$574,900	100.%	6
6410 Glenbard Rd	$570,000	$570,000	8	2.1	$570,000	100.%	0
6065 Burnside Landing Dr	$639,900	$599,900	4	2.2	$565,000	94.18%	93
9714 Schmidt Dr	$575,000	$559,000	4	2.1	$559,000	100.%	17
6372 Torrence St	$550,000	$550,000	4	2.1	$546,500	99.36%	13
9736 Dellford Ct	$549,900	$549,900	4	2.1	$543,000	98.75%	5
6005 Mill Cove Ct	$540,888	$540,888	3	2.1	$530,000	97.99%	11
5218 Lighthorne Rd	$560,000	$539,000	4	2.2	$525,000	97.4%	16
6151 Lucas Pond Ct	$639,900	$592,500	4	3.1	$505,000	85.23%	66
5710 Waters Edge Landing Ct	$479,900	$479,900	4	3.1	$482,400	100.52%	11
9813 Pulham Rd	$539,900	$494,900	4	2.1	$470,000	94.97%	115
5907 Waters Edge Landing Lane	$469,000	$469,000	4	3.1	$469,000	100.%	0
6616 Bestwicke Ct	$455,000	$435,000	4	2	$446,500	102.64%	70
9217 Capricorn Ct	$479,900	$454,900	5	2.1	$445,000	97.82%	54
5434 Calstock Ct	$449,900	$437,000	3	2.1	$437,000	100.%	19
9601 Lake Braddock Dr	$448,750	$429,750	3	3.1	$429,750	100.%	62
5500 Beaconsfield Ct	$447,777	$439,777	4	2.1	$428,000	97.32%	34
10124 Walnut Wood Ct	$424,900	$424,900	4	2.1	$424,900	100.%	3
5420 Brixham Ct	$425,000	$425,000	3	2.1	$420,000	98.82%	11
6057 Heathwick Ct	$405,000	$405,000	4	3.1	$405,000	100.%	65
10076 Apple Wood Ct	$397,500	$397,500	4	3.1	$397,500	100.%	6
5832 Wye Oak Commons Ct #16	$399,900	$399,900	3	2.2	$395,000	98.77%	11
9931 Whitewater Dr	$379,888	$379,888	3	2.1	$385,000	101.35%	3
6113 Calico Pool Ln	$378,000	$378,000	3	3.1	$379,000	100.26%	12
5814 Wood Poppy Ct	$379,888	$379,888	3	2.1	$378,000	99.5%	84
9441 Goshen Ln	$379,900	$379,900	3	1.2	$370,000	97.39%	106
10353 Pond Spice Ter	$375,000	$375,000	3	2.1	$370,000	98.67%	86
5783 Devon Ln	$369,900	$369,900	2	2.1	$370,000	100.03%	7
5401 Lighthouse Ln	$387,500	$374,500	3	2.2	$365,000	97.46%	37
9879 Lakepointe Dr	$365,000	$365,000	3	2.1	$365,000	100.%	4
9941 Hemlock Woods Ln	$360,000	$360,000	3	3	$360,000	100.%	79
9530 Cherry Oak Ct	$365,000	$359,900	3	2.1	$356,000	98.92%	68
5700 Walnut Wood Ln	$355,000	$355,000	3	3.1	$355,000	100.%	0
5961 Powells Landing Rd	$359,000	$359,000	3	2	$355,000	98.89%	7
5942 Heritage Square Dr	$389,000	$389,000	3	3.1	$350,000	89.97%	14
5851 Jacksons Oak Ct	$345,888	$345,888	3	2.1	$345,888	100.%	11
5813 Oak Bucket Ct	$349,000	$348,999	3	2.1	$340,000	97.42%	52
5912 Kara Pl	$319,000	$319,000	3	2.1	$310,000	97.18%	12
5832 First Landing Way #137	$315,000	$315,000	3	2.1	$310,000	98.41%	13
5125 Arrit Ct	$299,990	$305,000	3	1.1	$305,000	100.%	46
5940 Cove Landing Rd #303	$269,900	$269,900	3	2	$260,000	96.33%	3
5813 Cove Landing Rd #303	$247,888	$247,888	2	1	$238,944	96.39%	9
5837 Cove Landing Rd #201	$237,500	$237,500	2	2	$237,500	100.%	24
5926 Annaberg Pl #191	$287,000	$287,000	2	3	$230,000	80.14%	33
5827 Cove Landing Rd #302	$227,000	$224,000	2	1	$220,000	98.21%	67

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]
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[/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.