Blacksburg market report

Blacksburg housing market, July 2006.

In July 2006, 59 homes sold in Blacksburg at a median price of $252,000. In July 2005, 73 homes sold at a median of $239,000. Homes that sold spent a median of 75 days on the market and sold for a median of 99% of their original asking price.

59

Homes sold

73 a year earlier

$252K

Median sale price

Up 5% from a year earlier

$129

Per square foot

Median, sold homes

75

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

41

New listings

Homes listed this month

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

July 2006

The month in charts.

Sales by type: 38 single-family houses, 15 condos and 6 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through July 2006Jul 05: $239K. Jul 06: $252K. Lowest $180K (Apr 06), highest $252K (Jul 06).Jul 05: $239KAug 05: $228KSep 05: $245KOct 05: $226KNov 05: $230KDec 05: $200KJan 06: $210KFeb 06: $225KMar 06: $210KApr 06: $180KMay 06: $238KJun 06: $231KJul 06: $252K
Median home sale price in Blacksburg by month, 13 months through July 2006
PeriodMedian sale price
Jul 05$239K
Aug 05$228K
Sep 05$245K
Oct 05$226K
Nov 05$230K
Dec 05$200K
Jan 06$210K
Feb 06$225K
Mar 06$210K
Apr 06$180K
May 06$238K
Jun 06$231K
Jul 06$252K

Homes sold per month

July 2006 highlighted.

Homes sold in Blacksburg per month, 13 months through July 2006Jul 05: 73. Jul 06: 59. Lowest 21 (Oct 05), highest 95 (Jun 06).Jul 05: 73Aug 05: 68Sep 05: 37Oct 05: 21Nov 05: 43Dec 05: 39Jan 06: 21Feb 06: 24Mar 06: 27Apr 06: 40May 06: 61Jun 06: 95Jul 06: 59
Homes sold in Blacksburg per month, 13 months through July 2006
PeriodHomes sold
Jul 0573
Aug 0568
Sep 0537
Oct 0521
Nov 0543
Dec 0539
Jan 0621
Feb 0624
Mar 0627
Apr 0640
May 0661
Jun 0695
Jul 0659

Sales by price

July 2006.

  • Under $250K 29 sold
  • $250K to $350K 13 sold
  • $350K to $500K 14 sold
  • $500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in July 2006.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in July 2006
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Mill PointeListing courtesy of Long & Foster - Blacksburg Lusters Mill $579,000 4 bd / 3.5 ba 3,522 sq ft $164/sq ft
GilesListing courtesy of Coldwell Banker Townside Bburg $356,900 4 bd / 2.5 ba 2,473 sq ft $144/sq ft
WoodbineListing courtesy of Coldwell Banker Townside Bburg Woodbine $223,250 4 bd / 2.5 ba 1,817 sq ft $123/sq ft
JanieListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $172,000 4 bd / 2.5 ba 1,440 sq ft $119/sq ft
JanieListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $168,000 4 bd / 2.5 ba 1,440 sq ft $117/sq ft
ProgressListing courtesy of NextHome New River Valley University Terrace $124,500 4 bd / 2 ba 1,075 sq ft $116/sq ft
Main $235,000 1 bd / 1 ba 980 sq ft $240/sq ft
Newport TerraceListing courtesy of Coldwell Banker Townside Bburg University Place $110,000 3 bd / 2 ba 980 sq ft $112/sq ft
Rhea RidgeListing courtesy of RE/MAX Allegiance, Blacksburg Brush Mountain Estates $475,000 5 bd / 3.5 ba 4,002 sq ft $119/sq ft
OakListing courtesy of Coldwell Banker Townside Bburg Blackwood $340,000 3 bd / 2.5 ba 2,311 sq ft $147/sq ft
KarrListing courtesy of Long & Foster-Christiansburg Gladewood $316,000 4 bd / 3.5 ba 3,216 sq ft $98/sq ft
SilverleafListing courtesy of Long & Foster - Blacksburg Silverleaf $305,000 4 bd / 2.5 ba 2,355 sq ft $130/sq ft
Nik RyanListing courtesy of Coldwell Banker Townside Bburg Shelor Farm Estates $439,000 4 bd / 3.5 ba 2,898 sq ft $151/sq ft
Belaire DriveListing courtesy of Long & Foster - Blacksburg Brush Mountain Estates $395,000 3 bd / 3.5 ba 3,282 sq ft $120/sq ft
Highland Cir Highland Park $206,000 4 bd / 2 ba 1,789 sq ft $115/sq ft
Janie LaneListing courtesy of Hokie Real Estate, Inc. Pheasant Run $177,900 4 bd / 2.5 ba 1,440 sq ft $124/sq ft
Green MeadowListing courtesy of Coldwell Banker Townside Bburg $440,000 4 bd / 3.5 ba 3,580 sq ft $123/sq ft
BrookListing courtesy of Long & Foster - Blacksburg Brookfield Village $306,950 4 bd / 2.5 ba 2,361 sq ft $130/sq ft
Newport TerListing courtesy of Prudential Radford & Associates-Blacksburg University Place $114,000 3 bd / 2 ba 940 sq ft $121/sq ft
Newport TerraceListing courtesy of Old Virginia Real Estate University Place $112,000 3 bd / 2 ba 940 sq ft $119/sq ft
Wildflower LnListing courtesy of Long & Foster - Blacksburg $325,500 4 bd / 2.5 ba 1,986 sq ft $164/sq ft
CharlesListing courtesy of Prudential Radford & Associates-Blacksburg Piedmont $129,000 2 bd / 1 ba 946 sq ft $136/sq ft
Liberty G-78Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $122,500 3 bd / 2 ba 903 sq ft $136/sq ft
HillcrestListing courtesy of RE/MAX Allegiance, Blacksburg Blackwood $282,000 3 bd / 1 ba 1,337 sq ft $211/sq ft
MarlingtonListing courtesy of Long & Foster - Blacksburg Piedmont $119,950 2 bd / 1 ba 1,020 sq ft $118/sq ft
QuailwoodListing courtesy of Coldwell Banker Townside Bburg Deercroft $538,000 6 bd / 4.5 ba 4,540 sq ft $119/sq ft
Whitney CourtListing courtesy of Coldwell Banker Townside Bburg Knollwood $275,000 3 bd / 2.5 ba 2,113 sq ft $130/sq ft
Daisy RoadListing courtesy of Long & Foster - Blacksburg $169,000 3 bd / 1.5 ba 1,344 sq ft $126/sq ft
Bobwhite DriveListing courtesy of Long & Foster - Blacksburg Meadow Run $288,000 3 bd / 2 ba 2,556 sq ft $113/sq ft
Bishop $276,000 4 bd / 3 ba 2,050 sq ft $135/sq ft
Chateau CourtListing courtesy of Coldwell Banker Townside Bburg Vistas $234,000 3 bd / 2 ba 1,687 sq ft $139/sq ft
WoodbineListing courtesy of Coldwell Banker Townside Bburg Woodbine $225,000 3 bd / 3.5 ba 1,956 sq ft $115/sq ft
Northside DriveListing courtesy of Long & Foster - Blacksburg Northside Park $397,900 3 bd / 3 ba 2,539 sq ft $157/sq ft
Heartwood CrossingListing courtesy of Long & Foster-Christiansburg Maple Ridge $363,900 5 bd / 4.5 ba 3,054 sq ft $119/sq ft
Chestnut Dr Woodbine $345,500 5 bd / 3 ba 2,586 sq ft $134/sq ft
Valleyview Dr Highland Park $260,000 4 bd / 3 ba 2,324 sq ft $112/sq ft
TomsListing courtesy of Long & Foster-Christiansburg $175,000 3 bd / 1 ba 1,326 sq ft $132/sq ft
Liberty G-84Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $104,000 2 bd / 1 ba 763 sq ft $136/sq ft
Knob HillListing courtesy of RE/MAX 8 - Blacksburg Knob Hill $399,500 4 bd / 3.5 ba 2,124 sq ft $188/sq ft
Brook CircleListing courtesy of Fralin & Waldron Inc. Brookfield Village $282,689 4 bd / 2.5 ba 2,010 sq ft $141/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in July 2006 was $252,000, across 59 sales on record (land excluded). A year earlier, in July 2005, it was $239,000.

How many homes sold in Blacksburg in July 2006?

59 homes sold in Blacksburg in July 2006, compared with 95 in June 2006 and 73 in July 2005.

How fast did homes sell in Blacksburg in July 2006?

Homes that sold in July 2006 spent a median of 75 days on the market, and 41% sold at or above their original asking price.

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