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Burke Home Values and Market Report

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Report prepared by Trinityvirginia.com Ascendancy Homes

Market at a glance

Over the last 12 months, homes sold for 101.5% of list price in 16 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $691K Sold · $688K
$800K$760K$720K$680K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 73 sales in May. Last month: 32.

Where the market stands

All homes in this report, by status.

550homes
Active55 · 10%
Under contract31 · 6%
Sold (12 mo)464 · 84%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

1.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$727K
Under contract$689K
Sold$743K

Average days on market

Active36 days
Under contract34 days
Sold16 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 55
Average list price $727,249
Avg. days on market 36 days Based on 50 of 55 homes
Avg. price per ft² $353 Based on 48 of 55 homes
Avg. living area 2,285 ft² Based on 48 of 55 homes
Avg. beds / baths 3.4 / 3.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

7 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 48 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

5 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

7 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

6613 Bestwicke Ct$721
5986 Powells Landing Rd$499
5619 Herberts Crossing Dr$492
10556 Reeds Landing Cir$469
5569 Kendrick Ln$466
5303 Greenough$455
5055 Tibbitt Ln$445

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
9827 Lake Meadow CtBurke, VA 22015 458,812$2,700,000$3061 day
10168 Marshall Pond RdBurke, VA 22015 342,365$799,900$338—
6121 Winnepeg DrBurke, VA 22015 443,206$999,900$3113 days
6431 Fenestra Ct Unit 56CBurke, VA 22015 331,512$420,000$277—
10618 Alison DrBurke, VA 22015 342,180$625,000$286—
5545 Peppercorn DrBurke, VA 22015 321,280$495,000$3864 days
5106 Arrit CtBurke, VA 22015 221,865$450,000$2417 days
9706 Glenway CtBurke, VA 22015 432,054$875,000$425—
5303 GreenoughBurke, VA 22015 321,636$745,000$4554 days
6404 Lake Meadow DrBurke, VA 22015 576,885$2,395,000$347—
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Trinityvirginia.com Ascendancy Homes

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