Blacksburg market report

Blacksburg housing market, April 2007.

In April 2007, 47 homes sold in Blacksburg at a median price of $222,000. In April 2006, 40 homes sold at a median of $180,000. Homes that sold spent a median of 38 days on the market and sold for a median of 99% of their original asking price.

47

Homes sold

40 a year earlier

$222K

Median sale price

Up 23% from a year earlier

$129

Per square foot

Median, sold homes

38

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

60

New listings

Homes listed this month

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

April 2007

The month in charts.

Sales by type: 25 single-family houses, 12 condos and 10 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through April 2007Apr 06: $180K. Apr 07: $222K. Lowest $180K (Apr 06), highest $275K (Nov 06).Apr 06: $180KMay 06: $238KJun 06: $231KJul 06: $252KAug 06: $181KSep 06: $199KOct 06: $215KNov 06: $275KDec 06: $198KJan 07: $223KFeb 07: $231KMar 07: $230KApr 07: $222K
Median home sale price in Blacksburg by month, 13 months through April 2007
PeriodMedian sale price
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
Apr 07$222K

Homes sold per month

April 2007 highlighted.

Homes sold in Blacksburg per month, 13 months through April 2007Apr 06: 40. Apr 07: 47. Lowest 25 (Oct 06), highest 95 (Jun 06).Apr 06: 40May 06: 61Jun 06: 95Jul 06: 59Aug 06: 80Sep 06: 30Oct 06: 25Nov 06: 36Dec 06: 46Jan 07: 25Feb 07: 30Mar 07: 48Apr 07: 47
Homes sold in Blacksburg per month, 13 months through April 2007
PeriodHomes sold
Apr 0640
May 0661
Jun 0695
Jul 0659
Aug 0680
Sep 0630
Oct 0625
Nov 0636
Dec 0646
Jan 0725
Feb 0730
Mar 0748
Apr 0747

Sales by price

April 2007.

  • Under $250K 29 sold
  • $250K to $350K 7 sold
  • $350K to $500K 8 sold
  • $500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in April 2007.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in April 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Lancaster DrListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $419,500 4 bd / 3.5 ba 3,740 sq ft $112/sq ft
AlleghanyListing courtesy of Long & Foster-Christiansburg Knob Hill $407,000 4 bd / 2.5 ba 3,562 sq ft $114/sq ft
BreckenridgeListing courtesy of Long & Foster-Christiansburg Preston Forest $375,000 4 bd / 2.5 ba 2,308 sq ft $162/sq ft
WoodbineListing courtesy of Long & Foster - Blacksburg Woodbine $237,500 3 bd / 2.5 ba 1,812 sq ft $131/sq ft
ChelseaListing courtesy of Long & Foster-Christiansburg Haymarket Square $165,000 3 bd / 2.5 ba 1,342 sq ft $123/sq ft
Ridge Ramble Ridge $162,000 3 bd / 2.5 ba 1,280 sq ft $127/sq ft
A UniversityListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $125,000 4 bd / 2 ba 975 sq ft $128/sq ft
Claytor SquareListing courtesy of RE/MAX Allegiance, Blacksburg University Place $118,000 3 bd / 2 ba 980 sq ft $120/sq ft
SunridgeListing courtesy of Long & Foster - Blacksburg Sundance Ridge $105,930 1 bd / 1 ba 791 sq ft $134/sq ft
Redbud RdListing courtesy of RE/MAX Allegiance, Blacksburg Trillium Place $430,595 4 bd / 3 ba 2,641 sq ft $163/sq ft
Mason DrListing courtesy of Hanna Real Estate Apperson $330,000 4 bd / 2.5 ba 2,560 sq ft $129/sq ft
HoneysuckleListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $299,900 3 bd / 2.5 ba 1,858 sq ft $161/sq ft
McCoyListing courtesy of Whiting Real Estate $275,000 2 bd / 1 ba 1,334 sq ft $206/sq ft
Scott DriveListing courtesy of Long & Foster - Blacksburg Woodbine $255,000 3 bd / 3.5 ba 1,510 sq ft $169/sq ft
Mourning Dove Dr Meadow Run $245,000 3 bd / 2.5 ba 1,862 sq ft $132/sq ft
Redbud RdListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $520,085 4 bd / 3.5 ba 3,368 sq ft $154/sq ft
Silverleaf LnListing courtesy of Coldwell Banker Townside Bburg Silverleaf $216,900 2 bd / 2.5 ba 1,588 sq ft $137/sq ft
LandsdowneListing courtesy of Coldwell Banker Townside Bburg Crismond Addition $195,000 3 bd / 2 ba 1,370 sq ft $142/sq ft
ArringtonListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $315,000 3 bd / 3 ba 2,662 sq ft $118/sq ft
WellesleyListing courtesy of Long & Foster - Blacksburg Haymarket Square $179,900 3 bd / 1.5 ba 1,633 sq ft $110/sq ft
Pheasant RunListing courtesy of Mandell Real Estate Group Pheasant Run $171,500 4 bd / 2.5 ba 1,440 sq ft $119/sq ft
HenryListing courtesy of RE/MAX 8 Christiansburg Patrick Henry $119,900 2 bd / 2 ba 936 sq ft $128/sq ft
NorthsideListing courtesy of Long & Foster - Blacksburg Northside Park $380,000 3 bd / 2 ba 1,908 sq ft $199/sq ft
CameoListing courtesy of Coldwell Banker Townside Bburg Crawford Farms $338,000 4 bd / 3.5 ba 2,268 sq ft $149/sq ft
Patrick HenryListing courtesy of Long & Foster - Blacksburg $179,900 4 bd / 3 ba 1,280 sq ft $141/sq ft
HeightsListing courtesy of Blacksburg Real Estate, Inc. The Heights $238,900 3 bd / 3.5 ba 1,806 sq ft $132/sq ft
Chelsea CtListing courtesy of Noonkester Real Estate Haymarket Square $200,000 4 bd / 3.5 ba 2,066 sq ft $97/sq ft
Newton CourtListing courtesy of RE/MAX Allegiance, Blacksburg Haymarket Square $166,500 3 bd / 3.5 ba 1,860 sq ft $90/sq ft
NelsonListing courtesy of Long & Foster - Blacksburg $328,000 4 bd / 3 ba 3,148 sq ft $104/sq ft
Montgomery StreetListing courtesy of Coldwell Banker Townside Bburg Park Place $84,750 2 bd / 1 ba 825 sq ft $103/sq ft
NorthsideListing courtesy of Long & Foster - Blacksburg Northside Park $413,500 4 bd / 2.5 ba 1,971 sq ft $210/sq ft
Cedar Orchard Drive WListing courtesy of Prudential Radford & Associates-Blacksburg Cedar Orchard $408,000 4 bd / 3.5 ba 3,781 sq ft $108/sq ft
ShenandoahListing courtesy of Blacksburg Real Estate, Inc. Shenandoah $149,000 3 bd / 2.5 ba 1,330 sq ft $112/sq ft
Charles St Piedmont $128,500 2 bd / 1 ba 1,020 sq ft $126/sq ft
SenecaListing courtesy of Coldwell Banker Townside Bburg Hunters Ridge $118,000 4 bd / 2 ba 890 sq ft $133/sq ft
GloucesterListing courtesy of RE/MAX Allegiance, Blacksburg Pilgrim's Pointe $224,400 4 bd / 3 ba 1,898 sq ft $118/sq ft
University TerListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $129,000 4 bd / 2 ba 1,050 sq ft $123/sq ft
Sunridge DriveListing courtesy of Coldwell Banker Townside Bburg Sundance Ridge $107,000 1 bd / 1 ba 791 sq ft $135/sq ft
Coalwood WayListing courtesy of Coldwell Banker Townside Bburg Coal Bank Ridge $749,000 5 bd / 4.5 ba 4,690 sq ft $160/sq ft
DraperListing courtesy of Long & Foster - Blacksburg $222,000 3 bd / 2 ba 1,296 sq ft $171/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in April 2007 was $222,000, across 47 sales on record (land excluded). A year earlier, in April 2006, it was $180,000.

How many homes sold in Blacksburg in April 2007?

47 homes sold in Blacksburg in April 2007, compared with 48 in March 2007 and 40 in April 2006.

How fast did homes sell in Blacksburg in April 2007?

Homes that sold in April 2007 spent a median of 38 days on the market, and 36% sold at or above their original asking price.

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