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With an emerging downward trend of new sellers listing homes, including 63 over the last 30 days, and sales that fell to 66 in that same time frame, the Burke, Va real estate market will be slowing. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $462,450 over the latest reporting period for Burke, down from $496,250. With only two months of inventory to sell, Burke Virginia is a solid seller's market, in spite of the dip in sales.
Demographic facts about Burke, Va 22015:
*The population has decreased 2.6% over the past decade.
*The area's safety rating is 75. (Scale: 1 = Worst, 100 = Best)
*The area's average commute to work is 38 minutes.
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