Burnt Oaks Real Estate Guide
Burnt Oaks is a community in North Beach, MD. The median home price in Burnt Oaks is $215,000. About 2 homes sell annually in this community. Click here to sign up for my free monthly real estate market update.
People like living in Burnt Oaks because:
Neighborhood: Burnt Oaks’s median home value is lower than other surrounding neighborhoods, making it more affordable to live in North Beach.
Popular Neighborhood: Burnt Oaks has a thriving real estate market with the median days on market less than 13 days in 2019.
Current Burnt Oaks Real Estate Market Inventory
The dials below indicate the current status of the Burnt Oaks Real Estate Market based on the number of active listings, median sales price, and median days on market compared against the 5-Year averages.
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Recent Sold Homes and Sold Properties in Burnt Oaks
Below is a list of properties in Burnt Oaks that sold in 2018. Want to find out how much did my neighbor pay for their house? Want to learn what are homes selling for in my neighborhood? Check out the list below:
How Much Equity Is In My House?
Below is a table outlining the median sold home prices annually for the past 10 years. This information can help you determine how roughly how much equity is in your home from the appreciation from your home value.
Year Units Sold Sold Price (Median) Sold Price (Low) Sold Price (High) 2015 1 $201,500 $201,500 $201,500 2014 2 $177,450 $169,900 $185,000 2013 5 $181,900 $160,000 $186,000 2012 8 $176,000 $162,000 $185,000 2011 2 $192,500 $185,000 $200,000 2010 3 $200,000 $170,000 $235,000
How Much Is My Home Worth?
Are you thinking about making a move? Are you wondering how much equity is in my Burnt Oaks home? Get Your Burnt Oaks Home Value Today with our Easy-To-Use Professional Home Value Estimator or to get prices of recently sold homes in your neighborhood. Act now to see your property’s value from the best North Beach real estate agent Peggy Yee.
Closed Sales in Burnt Oaks
The chart below indicates the number of closed sales within the past year in Burnt Oaks.
Median Home Price in Burnt Oaks
The chart below shows the median home values by month for the past year in Burnt Oaks. While there are seasonal changes in the sales price, this charts give you a good idea of home price trends in the neighborhood.
Median Days on Market in Burnt Oaks
The chart below shows the median days on market for the past year in Burnt Oaks, which indicates how fast homes are selling in the neighborhood. This is calculated from the time the home hits the market until it goes under contract.
Months of Supply in Burnt Oaks
The chart below shows the months of supply for Burnt Oaks, which shows how much inventory is on the market. This is a snapshot of how long it would take all the houses in Burnt Oaks to sell right now and indicates how much a neighborhood is in demand. Typically, 3 months of supply is a balanced market. Anything less than 3 months of supply is considered a seller’s market and, vice versa, anything more than 3 months of supply is considered a buyer’s market.
About Peggy Yee
Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer. She has sold over $80 million in sales and was one of Northern Virginia Magazine’s Top Realtors since 2015. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! Don’t just take our word…Click here to see what Peggy’s past clients have to say about the experience working with her from Buyer and Seller Video Testimonials and you’ll understand why she is one of the top real estate agents in Burnt Oaks with dozens of 5 Star Zillow reviews. Click here for Zillow Reviews.
* Source: BrightMLS. Information deemed reliable but not guaranteed.