Burke, VA 22015 – June 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.

June 2014 Market Recap:

$462,567 – Average List Price

$459,219 – Average Sales Price

26.4 – Average Days on Market

68 – Total

Burke June 2014 Market Report
Address	OLP	LP	BR	BA	SP	LP/SP	DOMP
9728 Burke View Ct	$847,500	$847,500	4	3.1	$882,500	104.13%	7
9729 Burke View Ct	$989,000	$899,000	4	2.1	$835,000	92.88%	164
6532 Novak Woods Ct	$779,888	$779,888	4	3.1	$755,000	96.81%	12
9714 Glenway Ct	$724,900	$724,900	6	3.1	$734,500	101.32%	7
10611 Burnside Landing Ct	$699,900	$699,900	5	3.1	$703,000	100.44%	6
5303 Rich Ct	$674,950	$674,950	4	3.1	$680,000	100.75%	2
6914 Courageous Cir	$689,900	$669,900	5	2.1	$660,000	98.52%	26
6239 Windward Dr	$634,000	$634,000	4	2.1	$646,000	101.89%	5
6335 Falling Brook Dr	$674,900	$674,900	5	2.1	$645,000	95.57%	29
5910 Oakland Park Dr	$629,900	$629,900	4	2.1	$635,000	100.81%	17
5604 Bakersville Ln	$629,900	$629,900	4	3.1	$629,900	100.%	4
6103 Winnepeg Dr	$625,000	$625,000	4	2.1	$625,000	100.%	0
9101 De Soto Ct	$624,888	$624,888	4	3.1	$624,888	100.%	5
5928 Clermont Landing Ct	$617,900	$617,900	4	3.1	$605,000	97.91%	14
5219 Spalding Ct	$599,900	$599,900	4	2.1	$590,000	98.35%	5
5083 Queens Wood Dr	$589,900	$589,900	4	3	$586,000	99.34%	10
9703 Church Way	$625,000	$599,900	4	3.1	$585,000	97.52%	62
5228 Olley Ln	$589,888	$589,888	5	3.1	$585,000	99.17%	4
5631 Fort Corloran Dr	$575,000	$575,000	4	2.1	$575,000	100.%	4
6305 Capella Ave	$574,900	$569,900	4	3.1	$555,000	97.39%	259
9008 Home Guard Dr	$550,000	$550,000	4	3	$550,000	100.%	8
9515 Kirkfield Rd	$550,000	$550,000	4	2.1	$550,000	100.%	0
6325 Rockwell Rd	$575,000	$549,000	4	2.1	$541,765	98.68%	39
9109 Lake Braddock Dr	$544,900	$544,900	4	2.1	$539,900	99.08%	19
9040 Brook Ford Rd	$530,000	$530,000	3	2.1	$530,000	100.%	11
9117 Blue Jug Lndg	$529,900	$529,900	3	2.1	$529,900	100.%	23
5918 Freds Oak Rd	$514,900	$514,900	3	2.1	$510,000	99.05%	13
9503 Tinker Ct	$499,950	$499,950	3	2.1	$492,500	98.51%	6
9517 Kirkfield Rd	$500,000	$500,000	4	3	$490,000	98.%	6
6045 Ridge Ford Dr	$520,000	$499,000	5	2.1	$482,500	96.69%	25
6309 Tisbury Dr	$462,000	$462,000	3	2.2	$459,000	99.35%	3
9522 Draycott Ct	$449,900	$449,900	3	2.2	$450,000	100.02%	7
9419 Ulysses Ct	$465,250	$446,000	3	2.2	$442,500	99.22%	19
9035 Andromeda Dr	$419,950	$424,950	4	2	$427,000	100.48%	15
5601 Castlebury Ct	$421,900	$421,900	3	2.2	$417,500	98.96%	7
5515 Swift Current Ct	$395,000	$395,000	3	2.2	$405,000	102.53%	4
9685 Mason Bluff Ct	$404,999	$404,999	3	3.1	$405,000	100.%	0
5518 Swift Current Ct	$399,999	$399,999	3	2.2	$400,000	100.%	1
9912 Lakepointe Dr	$397,500	$397,500	3	2.1	$399,000	100.38%	6
10186 Sassafras Woods Ct	$395,000	$395,000	3	3.1	$395,000	100.%	4
12266 Wye Oak Commons Cir	$390,000	$390,000	3	2.2	$393,500	100.9%	6
5715 Crownleigh Ct	$394,999	$389,999	3	2.1	$390,000	100.%	15
5854 Kara Pl	$400,000	$398,950	3	2.1	$385,000	96.5%	58
5826 Robins Nest Ln	$369,900	$369,900	3	3.1	$382,500	103.41%	15
10109 Chestnut Wood Ln	$385,000	$385,000	3	2.1	$375,000	97.4%	18
6013 Scarborough Commons Ln	$369,888	$369,888	3	3.1	$372,000	100.57%	5
5420 Calstock Ct	$379,000	$379,000	3	2.1	$370,000	97.63%	56
9150 Burke Rd	$375,000	$369,500	3	1	$369,500	100.%	268
5897 Kara Pl	$365,000	$365,000	3	2.1	$363,000	99.45%	15
5750 Lakeside Oak Ln	$355,000	$355,000	3	1.1	$355,000	100.%	5
5548 Hollins Ln	$349,500	$349,500	3	2.1	$349,500	100.%	14
10676 Myrtle Oak Ct	$309,900	$309,900	3	1.1	$320,000	103.26%	12
5117 Dahlgreen Pl	$332,000	$319,999	4	2.1	$319,999	100.%	34
12283 Wye Oak Commons Cir #95	$299,900	$299,900	3	2.2	$315,733	105.28%	9
5699 Summer Oak Way	$340,000	$340,000	4	2.1	$314,900	92.62%	36
5768 First Landing Way #103	$310,000	$310,000	3	2.1	$310,000	100.%	12
6116 Old Landing Way #67	$314,950	$309,450	3	2	$309,450	100.%	14
10687 Myrtle Oak Ct	$300,000	$300,000	3	1.1	$306,000	102.%	1
5736 Nordeen Oak Ct	$309,900	$299,990	3	1.1	$300,000	100.%	39
6358 Pine View Ct #62B	$293,000	$293,000	3	2.1	$290,000	98.98%	7
6405 Birch Leaf Ct #37C	$269,900	$269,900	3	2.1	$270,000	100.04%	7
6446 Birch Leaf Ct #27C	$274,900	$274,900	3	2.1	$266,000	96.76%	11
10307 Annaberg Ct #157	$269,000	$254,000	2	2.1	$250,000	98.43%	65
9151 Sprucewood Rd #145C	$280,000	$273,000	3	2.1	$241,454	88.44%	78
5821 Cove Landing Rd #201	$249,900	$241,900	2	2	$235,000	97.15%	29
5932 Cove Landing Rd #302D	$199,999	$199,999	1	1	$202,000	101.%	9
5922 Cove Landing Rd #303	$185,000	$190,000	2	1	$190,000	100.%	11
10350 Luria Commons Ct #2C	$125,000	$125,000	2	1	$128,000	102.4%	88

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.