Blacksburg market report

Blacksburg housing market, March 2007.

In March 2007, 48 homes sold in Blacksburg at a median price of $230,250. In March 2006, 27 homes sold at a median of $209,900. Homes that sold spent a median of 29 days on the market and sold for a median of 99% of their original asking price.

48

Homes sold

27 a year earlier

$230K

Median sale price

Up 10% from a year earlier

$121

Per square foot

Median, sold homes

29

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

77

New listings

Homes listed this month

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

March 2007

The month in charts.

Sales by type: 28 single-family houses, 11 townhouses and 9 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through March 2007Mar 06: $210K. Mar 07: $230K. Lowest $180K (Apr 06), highest $275K (Nov 06).Mar 06: $210KApr 06: $180KMay 06: $238KJun 06: $231KJul 06: $252KAug 06: $181KSep 06: $199KOct 06: $215KNov 06: $275KDec 06: $198KJan 07: $223KFeb 07: $231KMar 07: $230K
Median home sale price in Blacksburg by month, 13 months through March 2007
PeriodMedian sale price
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
Mar 07$230K

Homes sold per month

March 2007 highlighted.

Homes sold in Blacksburg per month, 13 months through March 2007Mar 06: 27. Mar 07: 48. Lowest 25 (Oct 06), highest 95 (Jun 06).Mar 06: 27Apr 06: 40May 06: 61Jun 06: 95Jul 06: 59Aug 06: 80Sep 06: 30Oct 06: 25Nov 06: 36Dec 06: 46Jan 07: 25Feb 07: 30Mar 07: 48
Homes sold in Blacksburg per month, 13 months through March 2007
PeriodHomes sold
Mar 0627
Apr 0640
May 0661
Jun 0695
Jul 0659
Aug 0680
Sep 0630
Oct 0625
Nov 0636
Dec 0646
Jan 0725
Feb 0730
Mar 0748

Sales by price

March 2007.

  • Under $250K 27 sold
  • $250K to $350K 13 sold
  • $350K to $500K 7 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in March 2007.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in March 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Deercroft DriveListing courtesy of Long & Foster - Blacksburg Deercroft $536,000 5 bd / 4.5 ba 3,725 sq ft $144/sq ft
Belaire Dr Brush Mountain Estates $284,500 3 bd / 2 ba 1,600 sq ft $178/sq ft
Briarwood DriveListing courtesy of Coldwell Banker Townside Bburg Gladewood $267,900 3 bd / 2.5 ba 2,400 sq ft $112/sq ft
YorkListing courtesy of NextHome New River Valley Dundas Heights $234,950 3 bd / 2 ba 1,700 sq ft $138/sq ft
Shady GroveListing courtesy of NextHome New River Valley $234,900 3 bd / 2 ba 1,104 sq ft $213/sq ft
McCoyListing courtesy of NextHome New River Valley $229,500 3 bd / 2 ba 1,300 sq ft $177/sq ft
Ridgeview DriveListing courtesy of Long & Foster - Blacksburg Kessler Park $229,000 4 bd / 2 ba 2,234 sq ft $103/sq ft
Weatherly CtListing courtesy of Long & Foster - Blacksburg Montgomery Farms $156,000 3 bd / 2 ba 1,590 sq ft $98/sq ft
HenryListing courtesy of Coldwell Banker Townside Bburg Patrick Henry $116,000 2 bd / 2 ba 936 sq ft $124/sq ft
EheartListing courtesy of NextHome New River Valley Cedar Orchard $331,000 3 bd / 3 ba 2,900 sq ft $114/sq ft
Briarwood DrListing courtesy of Coldwell Banker Townside Bburg Gladewood $263,000 4 bd / 2 ba 2,244 sq ft $117/sq ft
GladeListing courtesy of Long & Foster - Blacksburg $295,000 4 bd / 3.5 ba 2,750 sq ft $107/sq ft
Liberty Ln B-19Listing courtesy of Long & Foster - Christiansburg $139,000 3 bd / 2 ba 903 sq ft $154/sq ft
LibertyListing courtesy of Long & Foster - Blacksburg Cascades Pointe $139,000 3 bd / 2 ba 903 sq ft $154/sq ft
Claytor SquareListing courtesy of Coldwell Banker Townside Bburg University Place $112,000 3 bd / 2 ba 980 sq ft $114/sq ft
CraigListing courtesy of Coldwell Banker Townside Bburg Northside Park $355,000 4 bd / 3 ba 3,506 sq ft $101/sq ft
Edwards Vista Pointe $255,000 2 bd / 2 ba 1,510 sq ft $169/sq ft
Emil CtListing courtesy of Prudential Radford & Associates-Blacksburg Cedar Orchard $386,900 4 bd / 2.5 ba 2,833 sq ft $137/sq ft
Nottingham CtListing courtesy of Gwyn & Harmon, REALTORS® Oak Manor $188,000 3 bd / 3 ba 1,825 sq ft $103/sq ft
NottinghamListing courtesy of Gwyn & Harmon, REALTORS Oak Manor $188,000 3 bd / 3 ba 1,825 sq ft $103/sq ft
RidgeListing courtesy of Old Virginia Real Estate Ramble Ridge $161,000 4 bd / 3.5 ba 1,920 sq ft $84/sq ft
Blossom TrailListing courtesy of Prudential Radford & Associates-Blacksburg The Orchards $195,000 2 bd / 2.5 ba 1,579 sq ft $123/sq ft
F UniversityListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $122,000 4 bd / 2 ba 1,050 sq ft $116/sq ft
Norris RunListing courtesy of Page & Assoc. Real Estate $130,500 4 bd / 2 ba 1,781 sq ft $73/sq ft
Cedar OrchardListing courtesy of RE/MAX 8 - Blacksburg Cedar Orchard $418,000 4 bd / 2.5 ba 3,169 sq ft $132/sq ft
SheliahListing courtesy of Long & Foster - Blacksburg Knollwood $287,000 3 bd / 3.5 ba 1,827 sq ft $157/sq ft
Woodbine DrListing courtesy of Long & Foster - Blacksburg Woodbine $212,000 4 bd / 3 ba 2,100 sq ft $101/sq ft
ChristineListing courtesy of NextHome New River Valley Pheasant Run Crossing $179,900 4 bd / 2.5 ba 1,500 sq ft $120/sq ft
Greenbrier CircleListing courtesy of NextHome New River Valley Blacksburg Country Club $385,000 4 bd / 2.5 ba 3,190 sq ft $121/sq ft
Greenbrier CirListing courtesy of NextHome New River Valley Blacksburg Country Club $325,000 3 bd / 2.5 ba 2,030 sq ft $160/sq ft
WestoverListing courtesy of Long & Foster-Christiansburg $260,000 4 bd / 3 ba 2,133 sq ft $122/sq ft
Cherokee DrListing courtesy of RE/MAX Allegiance, Blacksburg Shenandoah $259,900 3 bd / 2 ba 2,200 sq ft $118/sq ft
Quincy CourtListing courtesy of RE/MAX Allegiance, Blacksburg Haymarket Square $187,000 3 bd / 3 ba 1,840 sq ft $102/sq ft
HenryListing courtesy of RE/MAX Allegiance, Blacksburg Patrick Henry $115,000 2 bd / 2 ba 936 sq ft $123/sq ft
University City BoulevardListing courtesy of Long & Foster-Christiansburg Sundance Village $70,000 0 bd / 1 ba 460 sq ft $152/sq ft
Rutherford DriveListing courtesy of Long & Foster - Blacksburg $400,000 3 bd / 3.5 ba 3,885 sq ft $103/sq ft
HoneysuckleListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $309,500 3 bd / 2.5 ba 1,936 sq ft $160/sq ft
BishopListing courtesy of Coldwell Banker Townside Bburg $260,000 3 bd / 2.5 ba 2,394 sq ft $109/sq ft
WinslowListing courtesy of Mandell Real Estate Group $231,000 3 bd / 2 ba 1,608 sq ft $144/sq ft
Preston Forest DriveListing courtesy of NextHome New River Valley Preston Forest $350,000 4 bd / 3 ba 3,714 sq ft $94/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in March 2007 was $230,250, across 48 sales on record (land excluded). A year earlier, in March 2006, it was $209,900.

How many homes sold in Blacksburg in March 2007?

48 homes sold in Blacksburg in March 2007, compared with 30 in February 2007 and 27 in March 2006.

How fast did homes sell in Blacksburg in March 2007?

Homes that sold in March 2007 spent a median of 29 days on the market, and 48% sold at or above their original asking price.

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