Summary answer: Burke is currently a genuine, strong seller's market — 0.7 months of supply, 54.8% of homes selling above asking, and a 77/100 "Strong" Ridley Sell Score, further reinforced by the area's fresh U.S. News #1 recognition.
I'm Johnny with JQ Real Estate. Let me break down what this actually means in practice.
The indicators, and what they tell us
| Indicator | Current Reading | Favors |
|---|---|---|
| Months of supply | 0.7 | Sellers, strongly |
| Homes selling above asking | 54.8% | Sellers |
| Ridley Sell Score | 77/100 | Sellers |
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