Blacksburg market report

Blacksburg housing market, October 2006.

In October 2006, 25 homes sold in Blacksburg at a median price of $215,000. In October 2005, 21 homes sold at a median of $225,999. Homes that sold spent a median of 75 days on the market and sold for a median of 100% of their original asking price.

25

Homes sold

21 a year earlier

$215K

Median sale price

Down 5% from a year earlier

$146

Per square foot

Median, sold homes

75

Days on market

Median, sold homes

100%

Of asking price

Median sale to original list

38

New listings

Homes listed this month

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

October 2006

The month in charts.

Sales by type: 16 single-family houses, 8 condos and 1 townhouse.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through October 2006Oct 05: $226K. Oct 06: $215K. Lowest $180K (Apr 06), highest $252K (Jul 06).Oct 05: $226KNov 05: $230KDec 05: $200KJan 06: $210KFeb 06: $225KMar 06: $210KApr 06: $180KMay 06: $238KJun 06: $231KJul 06: $252KAug 06: $181KSep 06: $199KOct 06: $215K
Median home sale price in Blacksburg by month, 13 months through October 2006
PeriodMedian sale price
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
Oct 06$215K

Homes sold per month

October 2006 highlighted.

Homes sold in Blacksburg per month, 13 months through October 2006Oct 05: 21. Oct 06: 25. Lowest 21 (Oct 05), highest 95 (Jun 06).Oct 05: 21Nov 05: 43Dec 05: 39Jan 06: 21Feb 06: 24Mar 06: 27Apr 06: 40May 06: 61Jun 06: 95Jul 06: 59Aug 06: 80Sep 06: 30Oct 06: 25
Homes sold in Blacksburg per month, 13 months through October 2006
PeriodHomes sold
Oct 0521
Nov 0543
Dec 0539
Jan 0621
Feb 0624
Mar 0627
Apr 0640
May 0661
Jun 0695
Jul 0659
Aug 0680
Sep 0630
Oct 0625

Sales by price

October 2006.

  • Under $250K 14 sold
  • $250K to $350K 5 sold
  • $350K to $500K 3 sold
  • $500K to $750K 2 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in October 2006.

Sales

Every sale in October 2006.

Final sale prices, newest first.

Homes sold in Blacksburg in October 2006
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Mill WoodListing courtesy of RE/MAX 8 - Blacksburg Lusters Mill $515,000 4 bd / 3.5 ba 3,120 sq ft $165/sq ft
PalmerListing courtesy of Long & Foster - Blacksburg Highland Park $187,400 3 bd / 1 ba 1,160 sq ft $162/sq ft
Mount ZionListing courtesy of Coldwell Banker Townside Bburg $80,000 3 bd / 1 ba 1,157 sq ft $69/sq ft
Redbud RoadListing courtesy of Long & Foster - Blacksburg $425,000 4 bd / 2.5 ba 2,588 sq ft $164/sq ft
Mt Tabor RoadListing courtesy of McNeil Real Estate $365,000 3 bd / 2.5 ba 2,100 sq ft $174/sq ft
LandsdowneListing courtesy of Coldwell Banker Townside Bburg Forest Hills $349,000 4 bd / 3 ba 3,990 sq ft $87/sq ft
Fairview AveListing courtesy of The Realty Dot Inc Airport Acres $289,500 4 bd / 2 ba 2,000 sq ft $145/sq ft
OwensListing courtesy of Coldwell Banker Townside Bburg $150,000 3 bd / 2 ba 1,024 sq ft $146/sq ft
Liberty Ln D41Listing courtesy of Long & Foster - Christiansburg $145,500 3 bd / 2 ba 903 sq ft $161/sq ft
Liberty D-41Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $145,500 3 bd / 2 ba 903 sq ft $161/sq ft
University TerraceListing courtesy of Prudential Radford & Associates-Blacksburg University Terrace $123,000 4 bd / 2 ba 1,075 sq ft $114/sq ft
FortressListing courtesy of Coldwell Banker Townside Bburg Brush Mountain Estates $760,000 4 bd / 4.5 ba 5,975 sq ft $127/sq ft
LibertyListing courtesy of Long & Foster - Blacksburg Cascades Pointe $120,000 3 bd / 1.5 ba 903 sq ft $133/sq ft
Birch LeafListing courtesy of RE/MAX Allegiance, Blacksburg Wyatt Farm $529,900 4 bd / 3.5 ba 3,289 sq ft $161/sq ft
Liberty D-44Listing courtesy of Long & Foster - Blacksburg Cascades Pointe $119,500 2 bd / 1 ba 763 sq ft $157/sq ft
Long ShopListing courtesy of Prudential Radford B $105,000 2 bd / 1 ba 1,100 sq ft $95/sq ft
Liberty Ln D44Listing courtesy of Long & Foster - Christiansburg $119,500 2 bd / 1 ba 763 sq ft $157/sq ft
GordonListing courtesy of Long & Foster - Blacksburg Brush Mountain Estates $269,900 3 bd / 2 ba 1,858 sq ft $145/sq ft
Briarwood Gladewood $257,000 3 bd / 2.5 ba 1,654 sq ft $155/sq ft
Preston Ave Miller Southside $399,000 3 bd / 2 ba 2,163 sq ft $184/sq ft
HeightsListing courtesy of Blacksburg Real Estate, Inc. The Heights $240,000 3 bd / 3.5 ba 1,807 sq ft $133/sq ft
Old Fort RoadListing courtesy of Coldwell Banker Townside Bburg Montgomery Farms $215,000 4 bd / 3 ba 2,265 sq ft $95/sq ft
HoneysuckleListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $307,800 3 bd / 2.5 ba 2,085 sq ft $148/sq ft
Newport TerListing courtesy of NextHome New River Valley University Place $115,000 3 bd / 2 ba 970 sq ft $119/sq ft
Bobcat LnListing courtesy of Gracious Living Realty $55,000 2 bd / 1 ba 892 sq ft $62/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in October 2006 was $215,000, across 25 sales on record (land excluded). A year earlier, in October 2005, it was $225,999.

How many homes sold in Blacksburg in October 2006?

25 homes sold in Blacksburg in October 2006, compared with 30 in September 2006 and 21 in October 2005.

How fast did homes sell in Blacksburg in October 2006?

Homes that sold in October 2006 spent a median of 75 days on the market, and 52% sold at or above their original asking price.

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