Blacksburg market report

Blacksburg housing market, January 2007.

In January 2007, 25 homes sold in Blacksburg at a median price of $223,000. In January 2006, 21 homes sold at a median of $210,000. Homes that sold spent a median of 66 days on the market and sold for a median of 99% of their original asking price.

25

Homes sold

21 a year earlier

$223K

Median sale price

Up 6% from a year earlier

$134

Per square foot

Median, sold homes

66

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

68

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2007. Land excluded.

January 2007

The month in charts.

Sales by type: 16 single-family houses, 6 condos and 3 townhouses.

Median sale price by month

The 13 months through January 2007. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2007Jan 06: $210K. Jan 07: $223K. Lowest $180K (Apr 06), highest $275K (Nov 06).Jan 06: $210KFeb 06: $225KMar 06: $210KApr 06: $180KMay 06: $238KJun 06: $231KJul 06: $252KAug 06: $181KSep 06: $199KOct 06: $215KNov 06: $275KDec 06: $198KJan 07: $223K
Median home sale price in Blacksburg by month, 13 months through January 2007
PeriodMedian sale price
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
Nov 06$275K
Dec 06$198K
Jan 07$223K

Homes sold per month

January 2007 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2007Jan 06: 21. Jan 07: 25. Lowest 21 (Jan 06), highest 95 (Jun 06).Jan 06: 21Feb 06: 24Mar 06: 27Apr 06: 40May 06: 61Jun 06: 95Jul 06: 59Aug 06: 80Sep 06: 30Oct 06: 25Nov 06: 36Dec 06: 46Jan 07: 25
Homes sold in Blacksburg per month, 13 months through January 2007
PeriodHomes sold
Jan 0621
Feb 0624
Mar 0627
Apr 0640
May 0661
Jun 0695
Jul 0659
Aug 0680
Sep 0630
Oct 0625
Nov 0636
Dec 0646
Jan 0725

Sales by price

January 2007.

  • Under $250K 15 sold
  • $250K to $350K 6 sold
  • $350K to $500K 2 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in January 2007.

Sales

Every sale in January 2007.

Final sale prices, newest first.

Homes sold in Blacksburg in January 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Pheasant RunListing courtesy of Blacksburg Real Estate, Inc. Pheasant Run $160,000 4 bd / 2.5 ba 1,480 sq ft $108/sq ft
MateerListing courtesy of Coldwell Banker Townside Bburg Slusher Farm $320,000 3 bd / 2.5 ba 1,936 sq ft $165/sq ft
HoustonListing courtesy of Long & Foster-Christiansburg $85,000 2 bd / 1 ba 761 sq ft $112/sq ft
Monarch CourtListing courtesy of Long & Foster - Blacksburg $297,500 3 bd / 2.5 ba 1,880 sq ft $158/sq ft
Royal LaneListing courtesy of Long & Foster - Blacksburg $294,000 4 bd / 2.5 ba 2,444 sq ft $120/sq ft
GladeListing courtesy of Prudential Radford B $225,000 3 bd / 2 ba 1,922 sq ft $117/sq ft
Whipple DriveListing courtesy of Long & Foster - Blacksburg Echols Village $224,900 3 bd / 2.5 ba 1,632 sq ft $138/sq ft
BroceListing courtesy of RE/MAX Allegiance, Blacksburg Longview Estates $185,000 3 bd / 2 ba 1,456 sq ft $127/sq ft
Liberty Ln B-22Listing courtesy of Long & Foster - Christiansburg $115,500 2 bd / 1 ba 795 sq ft $145/sq ft
LibertyListing courtesy of Long & Foster - Blacksburg Cascades Pointe $115,500 2 bd / 1 ba 795 sq ft $145/sq ft
ProgressListing courtesy of NRV Gateway Realty Inc Park Place $83,500 2 bd / 1 ba 760 sq ft $110/sq ft
HorseshoeListing courtesy of RE/MAX Allegiance, Blacksburg Mt. Tabor Village $207,500 4 bd / 2 ba 1,519 sq ft $137/sq ft
EvergreenListing courtesy of Page & Assoc. Real Estate Brush Mountain West $350,000 3 bd / 2.5 ba 2,215 sq ft $158/sq ft
Stratford View DriveListing courtesy of Long & Foster - Blacksburg Sterling Manor $345,000 3 bd / 3 ba 2,814 sq ft $123/sq ft
SheliahListing courtesy of McCraw Real Estate, Blacksburg Knollwood $223,000 2 bd / 2.5 ba 1,442 sq ft $155/sq ft
TrilliumListing courtesy of Coldwell Banker Townside Bburg Trillium Place $505,600 4 bd / 3.5 ba 3,104 sq ft $163/sq ft
BerryfieldListing courtesy of Valley Wide Management Berryfield $129,000 3 bd / 2 ba 1,153 sq ft $112/sq ft
BrookListing courtesy of Fralin & Waldron Inc. Brookfield Village $338,950 4 bd / 2.5 ba 2,193 sq ft $155/sq ft
Lindale DrListing courtesy of Prudential Radford & Associates-Blacksburg Westover Hills $200,000 2 bd / 1.5 ba 1,519 sq ft $132/sq ft
McCoyListing courtesy of Coldwell Banker Townside Bburg $154,000 4 bd / 1.5 ba 2,150 sq ft $72/sq ft
Jefferson ForestListing courtesy of RE/MAX 8 - Blacksburg Preston Forest $595,000 5 bd / 3.5 ba 4,449 sq ft $134/sq ft
Upland $337,450 4 bd / 3 ba 2,390 sq ft $141/sq ft
JanieListing courtesy of Long & Foster-Christiansburg Pheasant Run $167,000 4 bd / 2.5 ba 1,480 sq ft $113/sq ft
Newport TerListing courtesy of NextHome New River Valley University Place $117,000 3 bd / 2 ba 970 sq ft $121/sq ft
EvergreenListing courtesy of Long & Foster - Blacksburg Brush Mountain West $458,500 4 bd / 3 ba 2,910 sq ft $158/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2007?

The median sale price for homes in Blacksburg in January 2007 was $223,000, across 25 sales on record (land excluded). A year earlier, in January 2006, it was $210,000.

How many homes sold in Blacksburg in January 2007?

25 homes sold in Blacksburg in January 2007, compared with 46 in December 2006 and 21 in January 2006.

How fast did homes sell in Blacksburg in January 2007?

Homes that sold in January 2007 spent a median of 66 days on the market, and 40% sold at or above their original asking price.

Alerts

New listings, first.

Get an email when a Blacksburg home lists, drops in price or sells. Nothing else.

A local real estate professional will send these updates. Your email is used only for these alerts, and you can stop them anytime by replying to any update.