Burke Virginia Real Estate Sales Market Report for December 2009

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December 2009 Burke Real Estate Sales Market Report
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Summary:

There are some great opportunities here in Burke to buy distressed Townhomes at a great price. If you want to receive emails daily when a bank owned home comes on the market. Contact us today!

Contact us if you are thinking about buying or selling in Burke

Single Family Homes Burke

• Sold Burke Homes in December 2009: 13 homes
• Average Sold Price: $475,000
• Median Sold Price: $530,000
• Homes sold for about: 98.7% of asking price
• Average Days on Market: 23 days 

Out of the 13 Burke home sales in December - 1 (8%) was distressed (foreclosure, bank owned, short sale).

Townhomes in Burke

• Sold Burke Townhomes in December 2009: 24 homes
• Average Sold Price: $322,366
• Median Sold Price: $320,000
• Homes sold for about 99% of asking price
• Average Days on Market: 32 days

Out of the 24 Burke townhomes that sold in December - 9 (38%) were distressed (foreclosure, bank owned, short sale).

Condos in Burke

• Sold Burke Condos in December 2009: 3 homes
• Average Sold Price: $211,633
• Median Sold Price: $199,900
• Homes sold for about 76.5% of Asking price
• Average Days on Market: 25 days

Out of the 3 Burke condos that sold in December - 1 (33%) were distressed (foreclosure, bank owned, short sale).


Burke zip codes - 22009, 22015

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