Property prices for sale in Burke (Virginia)

The prices in real estate in Burke, in the Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$529,931.5
Average price last 6 months
$296.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Burke has increased during the last 6 months. In February, the average price per sq.feet was $271. In March this price pretty much remained the same at a value of $276 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $273.5 to $266.5 per sq.feet. The price per sq.feet has had a considerable increase of 130 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $270 to $350.5 during June, and July.

Average price

Based upon to the price in Burke (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $510,081. In March This price remains at $509,991. During the following two months (April, May) the price has had an average incrementation from $510,036 to $544,903.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $527,469.75 and $534,855 between June and July.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $507,504 they are 5 % more affordable than the average price for Burke. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 1 bedroom priced at $480,811.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $264 / sq.feet, with an average $438 / sq.feet price in Burke. The properties with the lowest average prices have 1 bedroom. They are 35 % cheaper than the average followed by properties with 4 bedrooms with a price at $264 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $507,504 it is 32 % cheaper than the average price in Burke. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $579,714 it is 20 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $279 / sq.feet followed by "Duplex" priced at $1,052 / sq.feet. "Office" is the most costly type of property with a $21,109 / sq.feet cost followed by "House" with an average price of $9,156 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Burke
Number of properties used in region Virginia
$507,504
$438
1,252
284,530
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value