Blacksburg market report

Blacksburg housing market, September 2006.

In September 2006, 30 homes sold in Blacksburg at a median price of $198,850. In September 2005, 37 homes sold at a median of $245,000. Homes that sold spent a median of 64 days on the market and sold for a median of 99% of their original asking price.

30

Homes sold

37 a year earlier

$199K

Median sale price

Down 19% from a year earlier

$122

Per square foot

Median, sold homes

64

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

28

New listings

Homes listed this month

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

September 2006

The month in charts.

Sales by type: 19 single-family houses, 8 condos and 3 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through September 2006Sep 05: $245K. Sep 06: $199K. Lowest $180K (Apr 06), highest $252K (Jul 06).Sep 05: $245KOct 05: $226KNov 05: $230KDec 05: $200KJan 06: $210KFeb 06: $225KMar 06: $210KApr 06: $180KMay 06: $238KJun 06: $231KJul 06: $252KAug 06: $181KSep 06: $199K
Median home sale price in Blacksburg by month, 13 months through September 2006
PeriodMedian sale price
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
Sep 06$199K

Homes sold per month

September 2006 highlighted.

Homes sold in Blacksburg per month, 13 months through September 2006Sep 05: 37. Sep 06: 30. Lowest 21 (Oct 05), highest 95 (Jun 06).Sep 05: 37Oct 05: 21Nov 05: 43Dec 05: 39Jan 06: 21Feb 06: 24Mar 06: 27Apr 06: 40May 06: 61Jun 06: 95Jul 06: 59Aug 06: 80Sep 06: 30
Homes sold in Blacksburg per month, 13 months through September 2006
PeriodHomes sold
Sep 0537
Oct 0521
Nov 0543
Dec 0539
Jan 0621
Feb 0624
Mar 0627
Apr 0640
May 0661
Jun 0695
Jul 0659
Aug 0680
Sep 0630

Sales by price

September 2006.

  • Under $250K 19 sold
  • $250K to $350K 8 sold
  • $350K to $500K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in September 2006.

Sales

Every sale in September 2006.

Final sale prices, newest first.

Homes sold in Blacksburg in September 2006
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
FranklinListing courtesy of Long & Foster-Christiansburg Dickerson $195,000 4 bd / 2.5 ba 2,399 sq ft $81/sq ft
EmeraldListing courtesy of Coldwell Banker Townside Bburg $165,000 3 bd / 2.5 ba 1,332 sq ft $124/sq ft
Liberty Ln D48Listing courtesy of Long & Foster - Christiansburg $122,000 2 bd / 1 ba 763 sq ft $160/sq ft
Liberty D-48Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $122,000 2 bd / 1 ba 763 sq ft $160/sq ft
ArringtonListing courtesy of Hokie Real Estate, Inc. Blacksburg Country Club $295,000 3 bd / 2 ba 2,637 sq ft $112/sq ft
AirportListing courtesy of RE/MAX Valley-Roanoke Miller Southside $262,500 3 bd / 2 ba 1,440 sq ft $182/sq ft
CapistranoListing courtesy of RE/MAX Allegiance, Blacksburg Mission Hills $207,000 4 bd / 2 ba 2,180 sq ft $95/sq ft
Broken OakListing courtesy of Long & Foster-Christiansburg Woodbine $202,700 3 bd / 2 ba 1,472 sq ft $138/sq ft
Mt. TaborListing courtesy of Old Virginia Real Estate $191,400 3 bd / 2 ba 1,636 sq ft $117/sq ft
Liberty Ln G83Listing courtesy of Long & Foster - Christiansburg $104,000 2 bd / 1 ba 763 sq ft $136/sq ft
Liberty G-83Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $104,000 2 bd / 1 ba 763 sq ft $136/sq ft
BrookListing courtesy of KW Real Estate Services LLC Brookfield Village $271,000 3 bd / 2.5 ba 2,121 sq ft $128/sq ft
Liberty G-82Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $143,000 3 bd / 2 ba 903 sq ft $158/sq ft
Sandy CircleListing courtesy of Coldwell Banker Townside Bburg Montgomery Farms $215,000 3 bd / 2.5 ba 1,608 sq ft $134/sq ft
Liberty Ln G82Listing courtesy of Long & Foster - Christiansburg $143,000 3 bd / 2 ba 903 sq ft $158/sq ft
Clairmont DrListing courtesy of Coldwell Banker Townside Bburg $339,000 3 bd / 2.5 ba 2,140 sq ft $158/sq ft
Broken Oak DrListing courtesy of Coldwell Banker Townside Bburg Woodbine $260,000 5 bd / 3 ba 2,250 sq ft $116/sq ft
Bobwhite DriveListing courtesy of RE/MAX Allegiance, Blacksburg Meadow Run $238,250 3 bd / 2.5 ba 2,192 sq ft $109/sq ft
Merrimac RdListing courtesy of Long & Foster - Blacksburg $138,500 3 bd / 2 ba 1,440 sq ft $96/sq ft
Highland CirListing courtesy of Coldwell Banker Townside Bburg Highland Park $262,000 4 bd / 3 ba 2,166 sq ft $121/sq ft
Highland CirListing courtesy of Coldwell Banker Townside Bburg Highland Park $189,000 3 bd / 2 ba 2,350 sq ft $80/sq ft
Primrose DrListing courtesy of Coldwell Banker Townside Bburg Countryside Estates $424,000 4 bd / 3.5 ba 4,030 sq ft $105/sq ft
HoneysuckleListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $309,900 3 bd / 2.5 ba 2,085 sq ft $149/sq ft
Cascade Court University Place $118,000 3 bd / 2 ba 940 sq ft $126/sq ft
NorthviewListing courtesy of Coldwell Banker Townside Bburg Dickerson $359,000 4 bd / 2 ba 2,597 sq ft $138/sq ft
GladeListing courtesy of NextHome New River Valley $167,500 3 bd / 1 ba 2,060 sq ft $81/sq ft
LucasListing courtesy of McNeil Real Estate Springdale Addition $114,900 3 bd / 2 ba 1,200 sq ft $96/sq ft
CascadeListing courtesy of NextHome New River Valley University Place $113,000 3 bd / 2 ba 940 sq ft $120/sq ft
Church St Mountain View $425,000 3 bd / 4 ba 4,230 sq ft $100/sq ft
KamListing courtesy of Long & Foster-Christiansburg Kessler Park $325,000 4 bd / 3 ba 2,700 sq ft $120/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in September 2006 was $198,850, across 30 sales on record (land excluded). A year earlier, in September 2005, it was $245,000.

How many homes sold in Blacksburg in September 2006?

30 homes sold in Blacksburg in September 2006, compared with 80 in August 2006 and 37 in September 2005.

How fast did homes sell in Blacksburg in September 2006?

Homes that sold in September 2006 spent a median of 64 days on the market, and 40% sold at or above their original asking price.

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