There were 499 sales of single family residential properties in the Burke market over the past 12 months with a sold price range of $210,000 - $1,050,000 and a median sold price of $425,000. This is an increase from an median sold price of $369,550 year-over-year. The most recent 6 month period shows an average sold price of $440,000.
The average sold price over the past 90 days was $470,298 and the median sold price was $439,500. The days on market has ranged 0-187 days with a median DOM of 6 days. The median sold price as a percentage of the median original list price has been 101% for this period.
There are currently 72 Active listings with a price range of $296,278 - $1,845,000. The median list price is $525,000 with a median DOM of 8 days. The months supply of inventory stands at 1.5 months based on 6 month sales.
There were 52 Condominium unit sales in the Burke Virginia market over the past 12 months. The sold price ranged $165,000 - $389,900 with a median sold price of $237,500. This is a slight increase from a median sold price of $235,000 year-over-year.
The most recent 90 day period shows a median sold price of $240,250 for condominium units with a median days-on-market of 8 days. This is a slight decline from a median sold price of $242,628 for the same period a year ago. The median sold price as a percentage of the median list price was 99%.
Subdivisions within the Burke market include:
Bent Tree, Britford, Burke Centre, Burke Station Square, Burke Village, Burkewood Glenn, Cardinal Estates, Cardinal Glen, Carrleigh, Caroline Oaks, Cherry Run, Clayton's Grove, Crownleigh, Dunleigh, Edgewater, Fopur Oaks Estates, Fox Lair, Greenfield Farm, Heritage Square, Hillsdale, Homewood, Indian Oaks, Inglewood Estates, Keene Mill Woods, Kings Grove, Lake Braddock, Lakepointe, Lee Chapel Woods, Longwood Knolls, Meadow Brook Cove, Meadows of Narnia, Millstone Pond, Oak Leather Townhomes, Old Mill Community, Old Stone Mill, Orange Hunt West, Park Lee, Pepper Tree, Queens Gate, Rolling Valley West, Shannon Station, Signal Hill, Signal Hill Carrs, Southport, Spring Lake Farms, Summerday, Townes of Burke, Tripolis at Lake Braddock, Twinbrook, Waverly East, Weston Hills, Wooded Glen, Woodwalk
Market Trends for Burke:
We are Burke VA Real Estate Appraisers!
We have appraisers in Burke VA Zip Code 22015.