Homes in Burke Selling for MORE, FASTER!

After having just read a report on Bloomberg.com  touting that home prices for May rose the most in more than seven years according to the S&P/Case-Shiller index, I thought I’d share the Burke market stats with you.

In July 2008, the average sales price in Burke was $420,357. Today’s average sales price is $442,626. In July 2008, the average Days on Market (DOM) was 32. Today, you can sell your Burke home in less than one week!

It’s true – and you can clearly see – that there are seasonal differences, but these graphs show that over a 5 year period, homes in Burke are selling for more,  faster.

These interactive, mouse-over charts below show you the real time data for all home types. Here are detailed reports for detached homes, town homes and condominiums.

 

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