Blacksburg market report

Blacksburg housing market, April 2006.

For comparison, March 2006 had 27 sales.

40

Homes sold

$180K

Median sale price

$121

Per square foot

Median, sold homes

64

Days on market

Median, sold homes

100%

Of asking price

Median sale to original list

79

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in April 2006. Land excluded.

April 2006

The month in charts.

Sales by type: 19 single-family houses, 14 condos and 7 townhouses.

Median sale price by month

The 13 months through April 2006. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through April 2006June 2005: $253K. April 2006: $180K. Lowest $180K (April 2006), highest $253K (June 2005).June 2005: $253KJuly 2005: $239KAugust 2005: $228KSeptember 2005: $245KOctober 2005: $226KNovember 2005: $230KDecember 2005: $200KJanuary 2006: $210KFebruary 2006: $225KMarch 2006: $210KApril 2006: $180K
Median home sale price in Blacksburg by month, 13 months through April 2006
PeriodMedian sale price
June 2005$253K
July 2005$239K
August 2005$228K
September 2005$245K
October 2005$226K
November 2005$230K
December 2005$200K
January 2006$210K
February 2006$225K
March 2006$210K
April 2006$180K

Homes sold per month

April 2006 highlighted.

Homes sold in Blacksburg per month, 13 months through April 2006April 2005: 0. April 2006: 40. Lowest 0 (April 2005), highest 73 (July 2005).April 2005: 0May 2005: 0June 2005: 26July 2005: 73August 2005: 68September 2005: 37October 2005: 21November 2005: 43December 2005: 39January 2006: 21February 2006: 24March 2006: 27April 2006: 40
Homes sold in Blacksburg per month, 13 months through April 2006
PeriodHomes sold
April 20050
May 20050
June 200526
July 200573
August 200568
September 200537
October 200521
November 200543
December 200539
January 200621
February 200624
March 200627
April 200640

Sales by price

April 2006.

  • Under $250K 31 sold
  • $250K to $350K 4 sold
  • $350K to $500K 4 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in April 2006.

Sales

Sales in April 2006.

Final sale prices, newest first. 30 more sales are counted in the figures above but not listed here, with no street address on record.

Homes sold in Blacksburg in April 2006
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
1264 Catawba Rd $299,000 4 bd / 2.5 ba 2,240 sq ft $133/sq ft
2516 Blossom TrailListing courtesy of Long & Foster - Blacksburg The Orchards $222,500 3 bd / 2.5 ba 1,732 sq ft $128/sq ft
1923 Greenbrier CirListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $367,500 5 bd / 3.5 ba 3,737 sq ft $98/sq ft
311 Loudon RoadListing courtesy of Long & Foster - Blacksburg Cascades $105,900 2 bd / 1 ba 735 sq ft $144/sq ft
309 Loudon Rd Apt 434 Cascades $105,900 2 bd / 1 ba 740 sq ft $143/sq ft
1618 Honeysuckle DriveListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $320,000 3 bd / 2.5 ba 2,085 sq ft $153/sq ft
509 Mabry LaneListing courtesy of Coldwell Banker Townside Bburg $106,500 2 bd / 1 ba 1,372 sq ft $78/sq ft
1091 Merrimac RdListing courtesy of Coldwell Banker Townside Bburg $108,000 2 bd / 1 ba 920 sq ft $117/sq ft
1206 University Ter Apt GListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $122,000 4 bd / 2 ba 975 sq ft $125/sq ft
1204 University Ter Apt DListing courtesy of Long & Foster - Blacksburg University Terrace $120,000 4 bd / 2 ba 975 sq ft $123/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in April 2006?

The median sale price for homes in Blacksburg in April 2006 was $180,000, across 40 sales on record (land excluded).

How many homes sold in Blacksburg in April 2006?

40 homes sold in Blacksburg in April 2006, compared with 27 in March 2006.

How fast did homes sell in Blacksburg in April 2006?

Homes that sold in April 2006 spent a median of 64 days on the market, and 57% sold at or above their original asking price.

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