Blacksburg market report

Blacksburg housing market, February 2007.

In February 2007, 30 homes sold in Blacksburg at a median price of $231,000. In February 2006, 24 homes sold at a median of $225,000. Homes that sold spent a median of 55 days on the market and sold for a median of 99% of their original asking price.

30

Homes sold

24 a year earlier

$231K

Median sale price

Up 3% from a year earlier

$137

Per square foot

Median, sold homes

55

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

47

New listings

Homes listed this month

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

February 2007

The month in charts.

Sales by type: 19 single-family houses, 7 condos and 4 townhouses.

Median sale price by month

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

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

Homes sold per month

February 2007 highlighted.

Homes sold in Blacksburg per month, 13 months through February 2007Feb 06: 24. Feb 07: 30. Lowest 24 (Feb 06), highest 95 (Jun 06).Feb 06: 24Mar 06: 27Apr 06: 40May 06: 61Jun 06: 95Jul 06: 59Aug 06: 80Sep 06: 30Oct 06: 25Nov 06: 36Dec 06: 46Jan 07: 25Feb 07: 30
Homes sold in Blacksburg per month, 13 months through February 2007
PeriodHomes sold
Feb 0624
Mar 0627
Apr 0640
May 0661
Jun 0695
Jul 0659
Aug 0680
Sep 0630
Oct 0625
Nov 0636
Dec 0646
Jan 0725
Feb 0730

Sales by price

February 2007.

  • Under $250K 16 sold
  • $250K to $350K 8 sold
  • $350K to $500K 4 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in February 2007.

Sales

Every sale in February 2007.

Final sale prices, newest first.

Homes sold in Blacksburg in February 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
ShawneeListing courtesy of RE/MAX Allegiance, Blacksburg Indian Run $279,000 2 bd / 2 ba 1,566 sq ft $178/sq ft
Cork DrListing courtesy of Hanna Real Estate Dundas Heights $250,000 4 bd / 2 ba 2,091 sq ft $120/sq ft
EheartListing courtesy of RE/MAX Allegiance, Blacksburg Miller Southside $235,000 2 bd / 1.5 ba 1,148 sq ft $205/sq ft
Birch LeafListing courtesy of Long & Foster - Blacksburg Woodbine $227,000 3 bd / 2.5 ba 754 sq ft $301/sq ft
GardenspringListing courtesy of Whiting Real Estate Crestwood Gardens $197,000 4 bd / 3 ba 2,162 sq ft $91/sq ft
ShenandoahListing courtesy of Old Virginia Real Estate Shenandoah $150,000 3 bd / 2.5 ba 1,330 sq ft $113/sq ft
ProgressListing courtesy of Long & Foster - Blacksburg Park Place $87,500 3 bd / 1 ba 860 sq ft $102/sq ft
Huntington LnListing courtesy of Burnette Real Estate Sales & Management Inc. Oak Manor $170,000 3 bd / 2 ba 1,560 sq ft $109/sq ft
VillageListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $345,000 4 bd / 4 ba 2,950 sq ft $117/sq ft
Montgomery StreetListing courtesy of NextHome New River Valley $165,000 3 bd / 1 ba 1,080 sq ft $153/sq ft
Mtn. BreezeListing courtesy of Long & Foster-Christiansburg Maple Ridge $306,100 4 bd / 2.5 ba 2,367 sq ft $129/sq ft
Mountain Laurel RidgeListing courtesy of RE/MAX 8 - Blacksburg Brush Mountain West $530,000 5 bd / 3.5 ba 3,555 sq ft $149/sq ft
Honeysuckle DrListing 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
DonleeListing courtesy of Old Virginia Real Estate Piedmont $135,900 3 bd / 2 ba 1,400 sq ft $97/sq ft
Brush MountainListing courtesy of Prudential Radford & Associates-Blacksburg Brush Mountain West $425,000 3 bd / 2.5 ba 3,053 sq ft $139/sq ft
Honeysuckle DrListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $327,900 3 bd / 2.5 ba 1,943 sq ft $169/sq ft
Cohee RdListing courtesy of Long & Foster - Blacksburg Country Club Park $500,000 5 bd / 3 ba 3,480 sq ft $144/sq ft
Sandy CircleListing courtesy of RE/MAX 8 - Blacksburg Montgomery Farms $190,000 3 bd / 2 ba 1,300 sq ft $146/sq ft
Claytor SquareListing courtesy of Coldwell Banker Townside Bburg University Place $112,500 3 bd / 2 ba 980 sq ft $115/sq ft
CascadeListing courtesy of NRV Gateway Realty Inc University Place $114,000 3 bd / 2 ba 970 sq ft $118/sq ft
Big Falls RoadListing courtesy of Prudential Radford & Associates-Blacksburg $112,000 2 bd / 1 ba 1,156 sq ft $97/sq ft
Cranwell CircleListing courtesy of Noonkester Real Estate Hardie Hills $307,000 4 bd / 3 ba 2,400 sq ft $128/sq ft
NorthsideListing courtesy of Long & Foster - Blacksburg Northside Park $378,000 5 bd / 3.5 ba 3,137 sq ft $120/sq ft
HoustonListing courtesy of NRV Gateway Realty Inc $166,950 4 bd / 2 ba 1,242 sq ft $134/sq ft
Liberty Ln B-15Listing courtesy of Long & Foster - Christiansburg $132,500 3 bd / 2 ba 903 sq ft $147/sq ft
LibertyListing courtesy of Long & Foster - Blacksburg Cascades Pointe $132,500 3 bd / 2 ba 903 sq ft $147/sq ft
SenecaListing courtesy of RE/MAX Valley-Roanoke Hunters Ridge $125,500 4 bd / 2 ba 890 sq ft $141/sq ft
LeisureListing courtesy of RE/MAX Allegiance, Blacksburg Cedar Orchard $380,000 4 bd / 3 ba 2,542 sq ft $149/sq ft
Brush Mtn.Listing courtesy of Long & Foster - Blacksburg Brush Mountain West $349,900 3 bd / 2.5 ba 2,484 sq ft $141/sq ft
RidgeListing courtesy of NextHome New River Valley Laurel Ridge $411,000 4 bd / 3.5 ba 3,750 sq ft $110/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in February 2007 was $231,000, across 30 sales on record (land excluded). A year earlier, in February 2006, it was $225,000.

How many homes sold in Blacksburg in February 2007?

30 homes sold in Blacksburg in February 2007, compared with 25 in January 2007 and 24 in February 2006.

How fast did homes sell in Blacksburg in February 2007?

Homes that sold in February 2007 spent a median of 55 days on the market, and 37% sold at or above their original asking price.

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