Blacksburg market report

Blacksburg housing market, June 2007.

In June 2007, 74 homes sold in Blacksburg at a median price of $249,500. In June 2006, 95 homes sold at a median of $231,000. Homes that sold spent a median of 38 days on the market and sold for a median of 98% of their original asking price.

74

Homes sold

95 a year earlier

$250K

Median sale price

Up 8% from a year earlier

$129

Per square foot

Median, sold homes

38

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

44

New listings

Homes listed this month

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

June 2007

The month in charts.

Sales by type: 51 single-family houses, 14 townhouses and 9 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through June 2007Jun 06: $231K. Jun 07: $250K. Lowest $181K (Aug 06), highest $275K (Nov 06).Jun 06: $231KJul 06: $252KAug 06: $181KSep 06: $199KOct 06: $215KNov 06: $275KDec 06: $198KJan 07: $223KFeb 07: $231KMar 07: $230KApr 07: $222KMay 07: $239KJun 07: $250K
Median home sale price in Blacksburg by month, 13 months through June 2007
PeriodMedian sale price
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
Jun 07$250K

Homes sold per month

June 2007 highlighted.

Homes sold in Blacksburg per month, 13 months through June 2007Jun 06: 95. Jun 07: 74. Lowest 25 (Oct 06), highest 95 (Jun 06).Jun 06: 95Jul 06: 59Aug 06: 80Sep 06: 30Oct 06: 25Nov 06: 36Dec 06: 46Jan 07: 25Feb 07: 30Mar 07: 48Apr 07: 47May 07: 65Jun 07: 74
Homes sold in Blacksburg per month, 13 months through June 2007
PeriodHomes sold
Jun 0695
Jul 0659
Aug 0680
Sep 0630
Oct 0625
Nov 0636
Dec 0646
Jan 0725
Feb 0730
Mar 0748
Apr 0747
May 0765
Jun 0774

Sales by price

June 2007.

  • Under $250K 37 sold
  • $250K to $350K 23 sold
  • $350K to $500K 10 sold
  • $500K to $750K 4 sold

Sales by neighborhood

Neighborhoods with the most sales in June 2007.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in June 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Red MapleListing courtesy of Coldwell Banker Townside Bburg Maple Ridge $272,000 4 bd / 2.5 ba 2,077 sq ft $131/sq ft
BlossomListing courtesy of RE/MAX 8 - Blacksburg The Orchards $233,000 3 bd / 2.5 ba 1,700 sq ft $137/sq ft
Lucas DrListing courtesy of NextHome New River Valley Dundas Heights $195,000 3 bd / 2 ba 1,327 sq ft $147/sq ft
Chelsea CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $179,500 3 bd / 2.5 ba 1,342 sq ft $134/sq ft
Newton CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $163,000 3 bd / 1.5 ba 1,372 sq ft $119/sq ft
Donlee Piedmont $126,000 2 bd / 1 ba 804 sq ft $157/sq ft
Charles StreetListing courtesy of Coldwell Banker Townside Bburg Piedmont $123,000 2 bd / 1.5 ba 900 sq ft $137/sq ft
Claytor Square University Place $121,500 3 bd / 2 ba 980 sq ft $124/sq ft
Sunridge DriveListing courtesy of RE/MAX Allegiance, Blacksburg Sundance Ridge $98,500 1 bd / 1.5 ba 627 sq ft $157/sq ft
Sutton PlListing courtesy of Hanna Real Estate Apperson $310,000 4 bd / 3 ba 2,600 sq ft $119/sq ft
BlossomListing courtesy of RE/MAX Allegiance, Blacksburg The Orchards $260,000 3 bd / 2.5 ba 1,732 sq ft $150/sq ft
Robin RdListing courtesy of Prudential Radford & Associates-Blacksburg Karr Heights $209,900 3 bd / 1.5 ba 1,212 sq ft $173/sq ft
KnollwoodListing courtesy of Long & Foster - Blacksburg $191,000 3 bd / 2 ba 1,251 sq ft $153/sq ft
Cambridge Rd Haymarket Square $175,000 3 bd / 2.5 ba 1,585 sq ft $110/sq ft
AirportListing courtesy of RE/MAX 8 - Blacksburg Miller Southside $395,000 4 bd / 2 ba 3,100 sq ft $127/sq ft
N. VillageListing courtesy of Coldwell Banker Townside Bburg The Village at Tom's Creek $352,500 3 bd / 3.5 ba 2,498 sq ft $141/sq ft
Tall Oaks DriveListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $328,000 4 bd / 2.5 ba 2,294 sq ft $143/sq ft
Elizabeth DrListing courtesy of Bondurant Realty Corp. Longview Estates $215,000 4 bd / 2.5 ba 2,220 sq ft $97/sq ft
GardenspringListing courtesy of NextHome New River Valley Crestwood Gardens $210,000 4 bd / 3 ba 2,124 sq ft $99/sq ft
JanieListing courtesy of Long & Foster-Christiansburg Pheasant Run $177,500 4 bd / 2.5 ba 1,480 sq ft $120/sq ft
LucasListing courtesy of Long & Foster - Blacksburg Springdale Addition $111,240 2 bd / 1 ba 832 sq ft $134/sq ft
EvergreenListing courtesy of Page & Assoc. Real Estate Brush Mountain West $345,000 3 bd / 2.5 ba 2,215 sq ft $156/sq ft
Algonquin CtListing courtesy of Coldwell Banker Townside Bburg Shenandoah $325,000 4 bd / 2.5 ba 2,838 sq ft $115/sq ft
ChristopherListing courtesy of Long & Foster-Christiansburg Woodbine $263,000 5 bd / 3 ba 2,541 sq ft $104/sq ft
CourtneyListing courtesy of Long & Foster - Blacksburg Echols Village $209,300 3 bd / 2.5 ba 1,632 sq ft $128/sq ft
Lora LnListing courtesy of Prudential Radford & Associates-Blacksburg Tremont Estates $179,000 3 bd / 2.5 ba 1,440 sq ft $124/sq ft
Cedar OrchardListing courtesy of RE/MAX Allegiance, Blacksburg Cedar Orchard $305,000 5 bd / 3 ba 2,480 sq ft $123/sq ft
McBrydeListing courtesy of RE/MAX Allegiance, Blacksburg McBryde Village $301,000 4 bd / 3 ba 2,420 sq ft $124/sq ft
Vinyard AveListing courtesy of RE/MAX Allegiance, Blacksburg Wyatt Farm $602,200 4 bd / 3.5 ba 3,400 sq ft $177/sq ft
Gracelyn CtListing courtesy of Coldwell Banker Townside Bburg Miller Southside $352,000 4 bd / 2 ba 1,975 sq ft $178/sq ft
BrooksfieldListing courtesy of Main Street, REALTORS-Cburg $170,500 4 bd / 1 ba 2,086 sq ft $82/sq ft
CentennialListing courtesy of Coldwell Banker Townside Bburg $170,000 3 bd / 1.5 ba 1,275 sq ft $133/sq ft
Village Way SouthListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $464,900 4 bd / 3 ba 2,671 sq ft $174/sq ft
HighlandListing courtesy of Long & Foster - Blacksburg Highland Park $299,900 3 bd / 3 ba 3,348 sq ft $90/sq ft
Upland RdListing courtesy of McCraw Real Estate, Blacksburg $227,000 3 bd / 2 ba 1,860 sq ft $122/sq ft
Jefferson Forest Lane $682,000 5 bd / 4 ba 5,322 sq ft $128/sq ft
Wood Haven CourtListing courtesy of Coldwell Banker Townside Bburg Deercroft $590,000 5 bd / 3.5 ba 4,100 sq ft $144/sq ft
Crimson DriveListing courtesy of Long & Foster-Christiansburg Brush Mountain Estates $329,000 4 bd / 3.5 ba 2,700 sq ft $122/sq ft
Gloucester Drive Pilgrim's Pointe $254,000 4 bd / 2 ba 2,460 sq ft $103/sq ft
Houston StListing courtesy of Long & Foster - Blacksburg $88,900 2 bd / 1 ba 761 sq ft $117/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in June 2007 was $249,500, across 74 sales on record (land excluded). A year earlier, in June 2006, it was $231,000.

How many homes sold in Blacksburg in June 2007?

74 homes sold in Blacksburg in June 2007, compared with 65 in May 2007 and 95 in June 2006.

How fast did homes sell in Blacksburg in June 2007?

Homes that sold in June 2007 spent a median of 38 days on the market, and 31% sold at or above their original asking price.

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