Burke, VA 22015 – March 2005 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.

March 2005 Market Recap:

$410,385 – Average List Price

$422,609 – Average Sales Price

7.25 – Average Days on Market

65 – Total

Burke March 2005 Market Report
Address	OLP	LP	BR	BA	SP	LP/SP	DOMP
6539 Novak Woods Ct	$699,900	$699,900	6	3.1	$690,000	98.59%	49
6156 Lucas Pond Ct	$625,000	$625,000	5	4.1	$670,000	107.2%	3
8905 Burke Rd	$635,000	$635,000	3	3	$640,000	100.79%	20
6154 Lucas Pond Ct	$635,000	$635,000	4	3	$635,000	100.%	0
6111 Eagle Landing Rd	$629,000	$629,000	4	2.1	$629,000	100.%	5
6420 Four Oaks Ln	$589,888	$589,888	5	3.1	$600,000	101.71%	7
5223 Spalding Ct	$589,900	$589,900	5	2.2	$598,000	101.37%	6
9605 Little Cobbler Ct	$599,500	$589,900	4	2.1	$589,900	100.%	107
7313 Mizzen Pl	$549,900	$549,900	4	2.1	$589,000	107.11%	8
9703 Shipwright Dr	$579,900	$579,900	4	2.1	$579,900	100.%	6
5974 Burnside Landing Dr	$540,000	$540,000	4	2.1	$575,000	106.48%	2
10710 Burr Oak Way	$549,900	$549,900	4	2.1	$575,000	104.56%	9
9852 Natick Rd	$575,000	$575,000	4	3	$565,000	98.26%	6
5913 Quintana Ct	$495,000	$495,000	4	2.1	$525,000	106.06%	8
9051 Brook Ford Rd	$515,000	$515,000	5	3	$523,000	101.55%	6
9806 Pulham Rd	$509,900	$509,900	4	2.1	$522,000	102.37%	15
9512 Ashbourn Dr	$514,900	$514,900	4	3	$514,900	100.%	0
9321 Winbourne Rd	$499,900	$499,900	3	2.1	$511,000	102.22%	2
10120 Burke Lake Rd	$499,900	$499,900	3	2	$502,500	100.52%	7
5204 Olley Ln	$479,888	$479,888	4	2	$501,500	104.5%	9
6228 Capella Ave	$480,000	$480,000	5	3.1	$500,000	104.17%	0
5813 Walden Commons Ct #124	$420,000	$436,000	3	2.2	$436,000	100.%	7
12292 Wye Oak Commons Cir #104	$392,500	$392,500	3	2.1	$425,000	108.28%	4
9140 Silchester Ct	$415,500	$415,500	3	3.1	$418,000	100.6%	2
9503 Ashbridge Ct	$374,950	$374,950	4	2.2	$416,000	110.95%	4
6075 Guildhall Ct	$379,900	$379,900	3	2.2	$410,000	107.92%	2
10036 Beacon Pond Ln	$409,900	$399,900	2	3.1	$408,200	102.08%	7
5875 Banning Pl	$349,900	$349,900	4	2.1	$406,000	116.03%	2
6112 Mantle Rd	$405,500	$405,500	4	1.1	$405,500	100.%	4
10264 Quiet Pond Ter	$355,000	$355,000	3	2.2	$405,250	114.15%	3
5825 Pin Oak Commons Court	$372,500	$372,500	3	2.1	$400,000	107.38%	2
9221 Burke Rd	$369,900	$369,900	3	3.1	$394,000	106.52%	4
9607 Pierrpont St	$379,900	$379,900	3	2.1	$393,000	103.45%	4
9430 William Kirk Ln	$398,900	$398,900	3	2.1	$392,000	98.27%	35
6072 Heathwick Ct	$380,000	$380,000	3	2.2	$391,000	102.89%	2
5758 Burke Towne Ct	$387,000	$387,000	2	2.1	$387,000	100.%	0
5414 Mersea	$359,900	$359,900	3	1.1	$385,500	107.11%	6
6007 Liberty Bell Ct	$359,900	$359,900	3	2.1	$382,000	106.14%	6
5878 Kara Pl	$359,900	$359,900	3	2.1	$381,000	105.86%	4
6172 Martins Landing Ct	$365,000	$365,000	3	2.1	$375,000	102.74%	0
9896 Burke Pond Ct	$350,000	$350,000	3	2.1	$365,000	104.29%	3
9322 Humphries Dr	$365,000	$365,000	4	3	$365,000	100.%	6
6002 Liberty Bell Ct	$365,000	$365,000	3	2.1	$365,000	100.%	5
10212 Quiet Pond Ter	$369,990	$369,990	3	2.1	$365,000	98.65%	11
10405 Todman Landing Ct	$330,000	$330,000	3	2.1	$360,000	109.09%	6
9418 Packard Way	$352,000	$352,000	3	2	$356,000	101.14%	6
5833 Oak Ladder Ct	$354,900	$354,900	3	2.2	$354,900	100.%	2
6356 Draco	$349,500	$349,500	3	2.1	$352,000	100.72%	1
10368 Bridgetown Pl	$335,000	$350,000	3	3	$350,000	100.%	4
5713 Nordeen Oak Ct	$334,900	$334,900	4	2.1	$342,000	102.12%	4
5518 Hollins Ln	$319,888	$319,888	3	1.1	$335,000	104.72%	8
9506 Burdett Rd	$335,000	$335,000	2	1.2	$335,000	100.%	0
5561 Peppercorn Dr	$335,000	$335,000	4	2.1	$335,000	100.%	3
10633 Summer Oak Ct	$314,900	$314,900	4	2.1	$333,500	105.91%	1
5631 Summer Oak Way	$284,900	$287,900	3	2	$330,000	114.62%	4
5848 Jacksons Oak Ct	$330,000	$330,000	4	2.2	$329,000	99.7%	0
6334 Pine View Ct #73	$299,950	$299,950	4	2.1	$300,000	100.02%	0
5807 Cove Landing Rd #301	$279,999	$279,999	2	2	$286,499	102.32%	5
6102 Old Landing Way #62	$284,000	$284,000	3	2.1	$284,000	100.%	0
10677 Oak Thrush Ct	$277,500	$277,500	3	1.1	$275,000	99.1%	1
5813 Cove Landing Road #304	$225,000	$255,000	2	1	$255,000	100.%	2
6498 Fenestra Ct #58A	$225,000	$225,000	2	2	$255,000	113.33%	3
6450 Birch Leaf Ct #25A	$224,950	$224,950	2	2	$231,033	102.7%	5
5819 Cove Landing Rd #201	$194,900	$194,900	1	1	$199,100	102.15%	7
10320 Luria Commons Ct #3G	$164,900	$164,900	2	1	$165,400	100.3%	11

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.