Blacksburg market report

Blacksburg housing market, October 2007.

In October 2007, 20 homes sold in Blacksburg at a median price of $215,500. In October 2006, 25 homes sold at a median of $215,000. Homes that sold spent a median of 46 days on the market and sold for a median of 97% of their original asking price.

20

Homes sold

25 a year earlier

$216K

Median sale price

Up 0% from a year earlier

$147

Per square foot

Median, sold homes

46

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

39

New listings

Homes listed this month

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

October 2007

The month in charts.

Sales by type: 14 single-family houses, 4 townhouses and 2 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through October 2007Oct 06: $215K. Oct 07: $216K. Lowest $198K (Dec 06), highest $275K (Nov 06).Oct 06: $215KNov 06: $275KDec 06: $198KJan 07: $223KFeb 07: $231KMar 07: $230KApr 07: $222KMay 07: $239KJun 07: $250KJul 07: $220KAug 07: $222KSep 07: $235KOct 07: $216K
Median home sale price in Blacksburg by month, 13 months through October 2007
PeriodMedian sale price
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
Jul 07$220K
Aug 07$222K
Sep 07$235K
Oct 07$216K

Homes sold per month

October 2007 highlighted.

Homes sold in Blacksburg per month, 13 months through October 2007Oct 06: 25. Oct 07: 20. Lowest 20 (Oct 07), highest 74 (Jun 07).Oct 06: 25Nov 06: 36Dec 06: 46Jan 07: 25Feb 07: 30Mar 07: 48Apr 07: 47May 07: 65Jun 07: 74Jul 07: 71Aug 07: 60Sep 07: 29Oct 07: 20
Homes sold in Blacksburg per month, 13 months through October 2007
PeriodHomes sold
Oct 0625
Nov 0636
Dec 0646
Jan 0725
Feb 0730
Mar 0748
Apr 0747
May 0765
Jun 0774
Jul 0771
Aug 0760
Sep 0729
Oct 0720

Sales by price

October 2007.

  • Under $250K 13 sold
  • $250K to $350K 3 sold
  • $350K to $500K 3 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in October 2007.

Sales

Every sale in October 2007.

Final sale prices, newest first.

Homes sold in Blacksburg in October 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Meadowbrook DrListing courtesy of CENTURY 21 Rice Realty $167,000 3 bd / 2 ba 1,610 sq ft $104/sq ft
SouthhamptonListing courtesy of Long & Foster-Christiansburg Oak Manor $170,000 3 bd / 3 ba 1,666 sq ft $102/sq ft
Draper RoadListing courtesy of The Realty Dot, Inc. $342,000 3 bd / 2 ba 2,012 sq ft $170/sq ft
BroceListing courtesy of NextHome New River Valley $210,000 3 bd / 3 ba 2,150 sq ft $98/sq ft
Oak PointeListing courtesy of NextHome New River Valley Vistas $268,900 3 bd / 2.5 ba 2,177 sq ft $124/sq ft
ProgressListing courtesy of Long & Foster-Christiansburg $149,000 2 bd / 1 ba 660 sq ft $226/sq ft
Oak DrListing courtesy of Coldwell Banker Townside Bburg Blackwood $629,000 4 bd / 3.5 ba 3,383 sq ft $186/sq ft
Augusta NationalListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $495,000 5 bd / 3.5 ba 3,801 sq ft $130/sq ft
Hardwood Drive Gladewood $221,000 4 bd / 3 ba 2,200 sq ft $100/sq ft
TomsListing courtesy of RE/MAX 8 - Blacksburg $207,500 4 bd / 2 ba 1,979 sq ft $105/sq ft
WilsonListing courtesy of Coldwell Banker Townside Bburg $191,667 3 bd / 1 ba 1,300 sq ft $147/sq ft
High MeadowListing courtesy of Whiting Real Estate Indian Run $437,000 5 bd / 3.5 ba 2,980 sq ft $147/sq ft
YorkshireListing courtesy of Coldwell Banker Townside Bburg Oak Manor $185,000 3 bd / 3.5 ba 1,767 sq ft $105/sq ft
Progress StListing courtesy of Prudential Radford & Associates-Blacksburg $119,000 2 bd / 1 ba 672 sq ft $177/sq ft
CourtneyListing courtesy of Long & Foster - Blacksburg Echols Village $229,750 3 bd / 2.5 ba 1,539 sq ft $149/sq ft
Charles StListing courtesy of Coldwell Banker Townside Bburg Piedmont $129,000 2 bd / 1.5 ba 968 sq ft $133/sq ft
Keisters BranchListing courtesy of Blacksburg Real Estate, Inc. $320,000 3 bd / 2 ba 1,296 sq ft $247/sq ft
South KnollwoodListing courtesy of Long & Foster - Blacksburg Knollwood $210,000 2 bd / 2 ba 1,336 sq ft $157/sq ft
PalmerListing courtesy of Long & Foster - Blacksburg $395,000 3 bd / 2.5 ba 2,432 sq ft $162/sq ft
SheliahListing courtesy of Long & Foster - Blacksburg Knollwood $233,100 2 bd / 2.5 ba 1,428 sq ft $163/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in October 2007 was $215,500, across 20 sales on record (land excluded). A year earlier, in October 2006, it was $215,000.

How many homes sold in Blacksburg in October 2007?

20 homes sold in Blacksburg in October 2007, compared with 29 in September 2007 and 25 in October 2006.

How fast did homes sell in Blacksburg in October 2007?

Homes that sold in October 2007 spent a median of 46 days on the market, and 35% sold at or above their original asking price.

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