Blacksburg market report

Blacksburg housing market, August 2006.

In August 2006, 80 homes sold in Blacksburg at a median price of $180,975. In August 2005, 68 homes sold at a median of $227,750. Homes that sold spent a median of 84 days on the market and sold for a median of 99% of their original asking price.

80

Homes sold

68 a year earlier

$181K

Median sale price

Down 21% from a year earlier

$133

Per square foot

Median, sold homes

84

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

40

New listings

Homes listed this month

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

August 2006

The month in charts.

Sales by type: 37 single-family houses, 32 condos and 11 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through August 2006Aug 05: $228K. Aug 06: $181K. Lowest $180K (Apr 06), highest $252K (Jul 06).Aug 05: $228KSep 05: $245KOct 05: $226KNov 05: $230KDec 05: $200KJan 06: $210KFeb 06: $225KMar 06: $210KApr 06: $180KMay 06: $238KJun 06: $231KJul 06: $252KAug 06: $181K
Median home sale price in Blacksburg by month, 13 months through August 2006
PeriodMedian sale price
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
Aug 06$181K

Homes sold per month

August 2006 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2006Aug 05: 68. Aug 06: 80. Lowest 21 (Oct 05), highest 95 (Jun 06).Aug 05: 68Sep 05: 37Oct 05: 21Nov 05: 43Dec 05: 39Jan 06: 21Feb 06: 24Mar 06: 27Apr 06: 40May 06: 61Jun 06: 95Jul 06: 59Aug 06: 80
Homes sold in Blacksburg per month, 13 months through August 2006
PeriodHomes sold
Aug 0568
Sep 0537
Oct 0521
Nov 0543
Dec 0539
Jan 0621
Feb 0624
Mar 0627
Apr 0640
May 0661
Jun 0695
Jul 0659
Aug 0680

Sales by price

August 2006.

  • Under $250K 53 sold
  • $250K to $350K 15 sold
  • $350K to $500K 8 sold
  • $500K to $750K 4 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2006.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2006
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
BurleyListing courtesy of Long & Foster - Blacksburg $309,000 3 bd / 2.5 ba 2,148 sq ft $144/sq ft
Broce DriveListing courtesy of Coldwell Banker Townside Bburg Longview Estates $199,500 3 bd / 2 ba 1,884 sq ft $106/sq ft
Newport TerraceListing courtesy of RE/MAX Allegiance, Blacksburg University Place $118,500 3 bd / 2 ba 940 sq ft $126/sq ft
Liberty D-43Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $116,500 2 bd / 1 ba 763 sq ft $153/sq ft
Mt TaborListing courtesy of RE/MAX 8 - Blacksburg $209,000 3 bd / 3 ba 2,552 sq ft $82/sq ft
ThomasListing courtesy of RE/MAX 8 Christiansburg $135,000 3 bd / 1 ba 1,056 sq ft $128/sq ft
Alleghany StListing courtesy of RE/MAX Allegiance, Blacksburg $320,000 3 bd / 2 ba 1,824 sq ft $175/sq ft
Wildflower LnListing courtesy of Long & Foster - Blacksburg $313,500 3 bd / 2 ba 1,950 sq ft $161/sq ft
Crestwood Dr Crestwood Gardens $280,000 3 bd / 2 ba 1,790 sq ft $156/sq ft
Liberty D46Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $140,650 3 bd / 2 ba 903 sq ft $156/sq ft
VinyardListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $367,500 4 bd / 2.5 ba 2,342 sq ft $157/sq ft
Janie LnListing courtesy of Long & Foster-Christiansburg Pheasant Run $174,000 4 bd / 2.5 ba 1,480 sq ft $118/sq ft
Nikkel LnListing courtesy of Noonkester Real Estate $142,500 5 bd / 1.5 ba 2,152 sq ft $66/sq ft
University TerraceListing courtesy of Coldwell Banker Townside Bburg University Terrace $125,000 4 bd / 2 ba 950 sq ft $132/sq ft
Lucas DrListing courtesy of McNeil Real Estate Springdale Addition $110,000 3 bd / 2 ba 1,200 sq ft $92/sq ft
Liberty G-76Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $99,000 2 bd / 1 ba 763 sq ft $130/sq ft
Tall OaksListing courtesy of RE/MAX Allegiance, Blacksburg Stroubles Mill $475,000 4 bd / 2.5 ba 3,696 sq ft $129/sq ft
Brook CircleListing courtesy of Fralin & Waldron Inc. Brookfield Village $330,950 4 bd / 2.5 ba 2,473 sq ft $134/sq ft
Liberty D-47Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $122,000 2 bd / 1 ba 763 sq ft $160/sq ft
OrioleListing courtesy of NextHome New River Valley The Glen $310,000 3 bd / 3.5 ba 2,490 sq ft $124/sq ft
Janie LaneListing courtesy of Long & Foster-Christiansburg Pheasant Run $172,000 4 bd / 2.5 ba 1,480 sq ft $116/sq ft
Liberty Ln G80Listing courtesy of Long & Foster - Christiansburg $101,500 2 bd / 1 ba 763 sq ft $133/sq ft
Liberty G-80Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $101,500 2 bd / 1 ba 763 sq ft $133/sq ft
BroceListing courtesy of Long & Foster-Christiansburg Longview Estates $225,000 3 bd / 2 ba 1,820 sq ft $124/sq ft
Chowning PlaceListing courtesy of Coldwell Banker Townside Bburg Chowning Place $149,000 2 bd / 2 ba 1,045 sq ft $143/sq ft
Redbud RdListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $606,180 4 bd / 3.5 ba 3,488 sq ft $174/sq ft
PearmanListing courtesy of Long & Foster - Blacksburg Preston Forest $575,000 4 bd / 3.5 ba 5,205 sq ft $110/sq ft
BlossomListing courtesy of RE/MAX Allegiance, Blacksburg $210,000 2 bd / 2.5 ba 1,424 sq ft $147/sq ft
WestoverListing courtesy of Long & Foster - Blacksburg $207,000 4 bd / 4 ba 2,382 sq ft $87/sq ft
SeymourListing courtesy of Long & Foster - Blacksburg $147,000 3 bd / 2 ba 1,536 sq ft $96/sq ft
ProgressListing courtesy of NextHome New River Valley University Terrace $115,000 4 bd / 2 ba 1,050 sq ft $110/sq ft
MainListing courtesy of Blacksburg Real Estate, Inc. $236,750 1 bd / 1 ba 980 sq ft $242/sq ft
Claytor SquareListing courtesy of Hokie Real Estate, Inc. University Place $115,000 3 bd / 2 ba 970 sq ft $119/sq ft
Harvest RidgeListing courtesy of RE/MAX Allegiance, Blacksburg The Orchards $293,500 3 bd / 3 ba 2,073 sq ft $142/sq ft
Mountain BreezeListing courtesy of Long & Foster-Christiansburg Maple Ridge $265,900 4 bd / 3 ba 2,353 sq ft $113/sq ft
MainListing courtesy of Coldwell Banker Townside Bburg $150,000 2 bd / 1.5 ba 816 sq ft $184/sq ft
MainListing courtesy of Coldwell Banker Townside Bburg $150,000 2 bd / 1.5 ba 816 sq ft $184/sq ft
MainListing courtesy of Coldwell Banker Townside Bburg $150,000 2 bd / 1.5 ba 816 sq ft $184/sq ft
MainListing courtesy of Coldwell Banker Townside Bburg $150,000 2 bd / 1.5 ba 816 sq ft $184/sq ft
MainListing courtesy of Coldwell Banker Townside Bburg $150,000 2 bd / 1.5 ba 816 sq ft $184/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2006 was $180,975, across 80 sales on record (land excluded). A year earlier, in August 2005, it was $227,750.

How many homes sold in Blacksburg in August 2006?

80 homes sold in Blacksburg in August 2006, compared with 59 in July 2006 and 68 in August 2005.

How fast did homes sell in Blacksburg in August 2006?

Homes that sold in August 2006 spent a median of 84 days on the market, and 43% sold at or above their original asking price.

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