Blacksburg market report

Blacksburg housing market, May 2007.

In May 2007, 65 homes sold in Blacksburg at a median price of $239,000. In May 2006, 61 homes sold at a median of $238,000. Homes that sold spent a median of 50 days on the market and sold for a median of 98% of their original asking price.

65

Homes sold

61 a year earlier

$239K

Median sale price

Up 0% from a year earlier

$124

Per square foot

Median, sold homes

50

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

49

New listings

Homes listed this month

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

May 2007

The month in charts.

Sales by type: 42 single-family houses, 16 condos and 7 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through May 2007May 06: $238K. May 07: $239K. Lowest $181K (Aug 06), highest $275K (Nov 06).May 06: $238KJun 06: $231KJul 06: $252KAug 06: $181KSep 06: $199KOct 06: $215KNov 06: $275KDec 06: $198KJan 07: $223KFeb 07: $231KMar 07: $230KApr 07: $222KMay 07: $239K
Median home sale price in Blacksburg by month, 13 months through May 2007
PeriodMedian sale price
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
May 07$239K

Homes sold per month

May 2007 highlighted.

Homes sold in Blacksburg per month, 13 months through May 2007May 06: 61. May 07: 65. Lowest 25 (Oct 06), highest 95 (Jun 06).May 06: 61Jun 06: 95Jul 06: 59Aug 06: 80Sep 06: 30Oct 06: 25Nov 06: 36Dec 06: 46Jan 07: 25Feb 07: 30Mar 07: 48Apr 07: 47May 07: 65
Homes sold in Blacksburg per month, 13 months through May 2007
PeriodHomes sold
May 0661
Jun 0695
Jul 0659
Aug 0680
Sep 0630
Oct 0625
Nov 0636
Dec 0646
Jan 0725
Feb 0730
Mar 0748
Apr 0747
May 0765

Sales by price

May 2007.

  • Under $250K 36 sold
  • $250K to $350K 18 sold
  • $350K to $500K 9 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2007.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in May 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Cascades RoadListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $450,000 3 bd / 2.5 ba 3,635 sq ft $124/sq ft
Northside DriveListing courtesy of Long & Foster - Blacksburg Northside Park $374,500 4 bd / 2.5 ba 2,039 sq ft $184/sq ft
Oak Pointe CourtListing courtesy of Hanna Real Estate Vistas $243,000 3 bd / 2.5 ba 2,120 sq ft $115/sq ft
SilverleafListing courtesy of Long & Foster - Blacksburg Silverleaf $230,000 3 bd / 2.5 ba 1,565 sq ft $147/sq ft
South Main StListing courtesy of Blacksburg Real Estate, Inc. Clay Court Condominiums $221,400 1 bd / 1 ba 980 sq ft $226/sq ft
Woodbine DriveListing courtesy of RE/MAX Allegiance, Blacksburg Woodbine $212,000 3 bd / 2 ba 1,642 sq ft $129/sq ft
Sunridge DriveListing courtesy of Long & Foster-Christiansburg Sundance Ridge $134,800 3 bd / 2 ba 1,084 sq ft $124/sq ft
NW Progress StreetListing courtesy of Coldwell Banker Townside Bburg University Terrace $121,000 4 bd / 2 ba 935 sq ft $129/sq ft
Newport TerraceListing courtesy of NRV Gateway Realty Inc University Place $115,000 3 bd / 2 ba 970 sq ft $119/sq ft
New KentListing courtesy of Long & Foster - Blacksburg Cascades $108,900 2 bd / 1 ba 740 sq ft $147/sq ft
SunridgeListing courtesy of Prudential Radford & Associates-Blacksburg Sundance Ridge $105,000 1 bd / 1 ba 791 sq ft $133/sq ft
Ellett RoadListing courtesy of Long & Foster - Blacksburg $317,500 4 bd / 3.5 ba 3,680 sq ft $86/sq ft
Chestnut DrListing courtesy of Long & Foster-Christiansburg Woodbine $300,000 4 bd / 2.5 ba 2,504 sq ft $120/sq ft
SunriseListing courtesy of RE/MAX 8 - Blacksburg $245,000 3 bd / 2.5 ba 1,946 sq ft $126/sq ft
McCoyListing courtesy of RE/MAX Allegiance, Blacksburg $155,000 3 bd / 1.5 ba 1,700 sq ft $91/sq ft
University City BoulevardListing courtesy of CENTURY 21 Rice Realty Sundance Village $104,000 1 bd / 1 ba 789 sq ft $132/sq ft
Woodland Hills DriveListing courtesy of Long & Foster-Christiansburg Woodland Hills Estates $465,000 5 bd / 3.5 ba 3,497 sq ft $133/sq ft
ThomasListing courtesy of RE/MAX 8 - Blacksburg $275,000 4 bd / 2 ba 1,915 sq ft $144/sq ft
SenecaListing courtesy of CENTURY 21 Rice Realty Hunters Ridge $124,900 4 bd / 2 ba 940 sq ft $133/sq ft
Cascade Court University Place $120,750 3 bd / 2 ba 980 sq ft $123/sq ft
Donlee DriveListing courtesy of Long & Foster - Blacksburg Piedmont $120,235 3 bd / 1 ba 1,012 sq ft $119/sq ft
Mateer CircleListing courtesy of Coldwell Banker Townside Bburg Slusher Farm $403,000 4 bd / 2.5 ba 2,702 sq ft $149/sq ft
Honeysuckle DrListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $369,900 3 bd / 2.5 ba 2,279 sq ft $162/sq ft
Ashford CourtListing courtesy of Coldwell Banker Townside Bburg $239,000 4 bd / 2.5 ba 1,880 sq ft $127/sq ft
Cedar HillListing courtesy of McCraw Real Estate, Blacksburg Cedar Hill $236,000 4 bd / 3.5 ba 2,030 sq ft $116/sq ft
Country AcresListing courtesy of Long & Foster-Christiansburg $175,000 4 bd / 2 ba 1,863 sq ft $94/sq ft
MainListing courtesy of Long & Foster - Blacksburg $300,000 2 bd / 2 ba 2,428 sq ft $124/sq ft
Little CircleListing courtesy of Prudential Radford B Apperson $250,000 4 bd / 3 ba 3,456 sq ft $72/sq ft
Thomas LaneListing courtesy of CENTURY 21 Rice Realty $398,000 5 bd / 4 ba 4,092 sq ft $97/sq ft
Piedmont Knob Hill $285,000 5 bd / 2.5 ba 2,515 sq ft $113/sq ft
Red Maple DriveListing courtesy of Coldwell Banker Townside Bburg Maple Ridge $272,250 4 bd / 3 ba 2,274 sq ft $120/sq ft
Locust AveListing courtesy of Prudential Radford & Associates-Blacksburg Highland Park $240,000 5 bd / 3 ba 2,675 sq ft $90/sq ft
Cedar HillListing courtesy of Long & Foster - Blacksburg Cedar Hill $209,000 3 bd / 2.5 ba 1,439 sq ft $145/sq ft
ForestListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $435,000 4 bd / 3.5 ba 2,782 sq ft $156/sq ft
ArringtonListing courtesy of RE/MAX Allegiance, Blacksburg $312,000 4 bd / 2 ba 2,752 sq ft $113/sq ft
Harrell StListing courtesy of KW Real Estate Services LLC $235,000 4 bd / 5.5 ba 2,042 sq ft $115/sq ft
Elizabeth DrListing courtesy of Long & Foster - Christiansburg Longview Estates $184,000 3 bd / 3 ba 2,556 sq ft $72/sq ft
ElizabethListing courtesy of Long & Foster-Christiansburg Longview Estates $184,000 3 bd / 3 ba 2,556 sq ft $72/sq ft
Loudon RdListing courtesy of Long & Foster-Christiansburg Cascades $100,000 2 bd / 1 ba 740 sq ft $135/sq ft
FortressListing courtesy of Long & Foster - Blacksburg Brush Mountain Estates $560,000 4 bd / 3 ba 3,324 sq ft $168/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in May 2007 was $239,000, across 65 sales on record (land excluded). A year earlier, in May 2006, it was $238,000.

How many homes sold in Blacksburg in May 2007?

65 homes sold in Blacksburg in May 2007, compared with 47 in April 2007 and 61 in May 2006.

How fast did homes sell in Blacksburg in May 2007?

Homes that sold in May 2007 spent a median of 50 days on the market, and 28% 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.