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Real Estate

Burke Real Estate Market Update

See the latest home values for the most popular subdivisions in Burke.

Burke Real Estate Market Activity

This is a snapshot of recent sales in the Burke, VA neighborhood. In the past 30 days, 34 properties have sold in Burke ranging from a 1-bed, 1-bath condo for $195,000 to a 4-bed, 2.5-bath detached house for $667,000. The average sold price was $427,011 and the average days on market was 51 days.

The current market supply is 0.6 months, which indicates the total number of months it would take the current inventory of 29 active listings to sell. We are currently in a sellers market, where there are more buyers seeking to purchase properties than there are available homes on the market. If you have a home to sell in Burke this may be a great time to sell!

Detached Homes Sales

In the past 12 months, a total of 294 single family detached homes sold in Burke for an average sold price of $619K. These were the most popular Burke neighborhoods.

Find out what's happening in Burkefor free with the latest updates from Patch.

Subdivision Sold (Ave) Highest Lowest Closed
Longwood Knolls $653,462 $730,000 $510,000 30
Southport $635,975 $685,000 $583,000 8
Burke Centre $614,643 $728,000 $434,500 89
Bent Tree $585,423 $680,000 $522,500 15
Orange Hunt West $585,130 $689,900 $504,000 6
Signal Hill $582,580 $725,000 $431,550 12
Cherry Run $582,170 $729,000 $473,000 23
Lake Braddock $570,757 $650,000 $465,000 22
Burke Station Square $563,640 $625,000 $500,000 10
Rolling Valley West $516,343 $600,000 $402,500 7

Townhouse Sales

In the past 12 months, a total of 297 townhouses sold in Burke for an average sold price of $410K. These were the most popular Burke townhouse neighborhoods.

Subdivision Sold (Ave) Highest Lowest Closed
Britford $477,862 $510,000 $430,000 8
Caroline Oaks $451,438 $515,000 $400,000 8
Burke Village $437,356 $489,950 $379,000 8
Crownleigh $429,563 $450,000 $366,100 8
Lakepointe $427,778 $453,000 $380,000 13
Cardinal Glen $424,738 $450,000 $380,000 8
Burke Centre $418,125 $535,000 $293,000 93
Old Mill Community $416,291 $440,000 $392,000 13
Hillsdale $414,550 $440,000 $384,900 6
Walden At Burke Centre $405,350 $430,000 $345,000 10
Lake Braddock $399,751 $485,900 $275,625 48
Burke Station Square $392,925 $436,000 $350,000 12
Oakwood Commons Burke $350,794 $369,000 $338,000 9
Keene Mill Woods $326,181 $400,000 $257,000 16
Woodwalk $290,283 $337,500 $227,000 6

Condo Sales

In the past 12 months, a total of 33 condos sold in Burke for an average sold price of $235K. These were the most popular Burke condo communities.

Find out what's happening in Burkefor free with the latest updates from Patch.

Subdivision Sold (Ave) Highest Lowest Closed
Burke Cove $259,505 $290,000 $195,000 21
Keene Mill Woods $257,500 $265,000 $255,000 4
How Much is my Vienna Home Worth?

Peggy Yee is a supervising broker at Frankly Realtors and is one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.

Information based on BrightMLS data and deemed reliable but not guaranteed.

The views expressed in this post are the author's own. Want to post on Patch?

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