Blacksburg market report

Blacksburg housing market, November 2007.

In November 2007, 19 homes sold in Blacksburg at a median price of $247,000. In November 2006, 36 homes sold at a median of $275,000. Homes that sold spent a median of 75 days on the market and sold for a median of 98% of their original asking price.

19

Homes sold

36 a year earlier

$247K

Median sale price

Down 10% from a year earlier

$130

Per square foot

Median, sold homes

75

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

20

New listings

Homes listed this month

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

November 2007

The month in charts.

Sales by type: 12 single-family houses, 4 townhouses and 3 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through November 2007Nov 06: $275K. Nov 07: $247K. Lowest $198K (Dec 06), highest $275K (Nov 06).Nov 06: $275KDec 06: $198KJan 07: $223KFeb 07: $231KMar 07: $230KApr 07: $222KMay 07: $239KJun 07: $250KJul 07: $220KAug 07: $222KSep 07: $235KOct 07: $216KNov 07: $247K
Median home sale price in Blacksburg by month, 13 months through November 2007
PeriodMedian sale price
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
Nov 07$247K

Homes sold per month

November 2007 highlighted.

Homes sold in Blacksburg per month, 13 months through November 2007Nov 06: 36. Nov 07: 19. Lowest 19 (Nov 07), highest 74 (Jun 07).Nov 06: 36Dec 06: 46Jan 07: 25Feb 07: 30Mar 07: 48Apr 07: 47May 07: 65Jun 07: 74Jul 07: 71Aug 07: 60Sep 07: 29Oct 07: 20Nov 07: 19
Homes sold in Blacksburg per month, 13 months through November 2007
PeriodHomes sold
Nov 0636
Dec 0646
Jan 0725
Feb 0730
Mar 0748
Apr 0747
May 0765
Jun 0774
Jul 0771
Aug 0760
Sep 0729
Oct 0720
Nov 0719

Sales by price

November 2007.

  • Under $250K 10 sold
  • $250K to $350K 4 sold
  • $350K to $500K 3 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in November 2007.

Sales

Every sale in November 2007.

Final sale prices, newest first.

Homes sold in Blacksburg in November 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Neil StListing courtesy of Long & Foster - Blacksburg $350,000 4 bd / 3 ba 3,403 sq ft $103/sq ft
GladewoodListing courtesy of Coldwell Banker Townside Bburg Gladewood $178,000 4 bd / 1.5 ba 1,402 sq ft $127/sq ft
Claytor SqListing courtesy of RE/MAX Allegiance, Blacksburg University Place $122,000 3 bd / 2 ba 970 sq ft $126/sq ft
Skyview DrListing courtesy of Coldwell Banker Townside Bburg Miller Southside $299,000 4 bd / 3 ba 3,161 sq ft $95/sq ft
McCoyListing courtesy of Long & Foster-Christiansburg $290,000 3 bd / 2.5 ba 1,978 sq ft $147/sq ft
HoneysuckleListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $297,570 3 bd / 2.5 ba 1,929 sq ft $154/sq ft
Mill Wood LnListing courtesy of Long & Foster - Blacksburg Lusters Mill $534,900 4 bd / 3.5 ba 3,100 sq ft $173/sq ft
Wakefield DrListing courtesy of Prudential Radford & Associates-Blacksburg Stroubles Mill $420,000 4 bd / 4 ba 3,985 sq ft $105/sq ft
Clover Valley CirListing courtesy of NextHome New River Valley Clover Valley $152,000 4 bd / 2.5 ba 1,480 sq ft $103/sq ft
SenecaListing courtesy of RE/MAX Valley-Roanoke Hunters Ridge $120,000 4 bd / 2 ba 890 sq ft $135/sq ft
Briarwood DrListing courtesy of Coldwell Banker Townside Bburg Gladewood $279,000 3 bd / 2.5 ba 1,650 sq ft $169/sq ft
Hillcrest DrListing courtesy of Coldwell Banker Townside Bburg Blackwood $362,500 4 bd / 3 ba 2,544 sq ft $142/sq ft
RidgeListing courtesy of Long & Foster - Blacksburg Ramble Ridge $157,000 3 bd / 2.5 ba 1,280 sq ft $123/sq ft
Draper RoadListing courtesy of Blacksburg Real Estate, Inc. Miller Southside $725,000 4 bd / 4.5 ba 3,930 sq ft $184/sq ft
Vista TerListing courtesy of Coldwell Banker Townside Bburg Vistas $247,000 3 bd / 2.5 ba 1,894 sq ft $130/sq ft
GladewoodListing courtesy of CENTURY 21 Rice Realty Gladewood $149,500 2 bd / 1.5 ba 1,000 sq ft $150/sq ft
MainListing courtesy of Blacksburg Real Estate, Inc. Clay Court Condominiums $230,000 1 bd / 1 ba 980 sq ft $235/sq ft
EstatesListing courtesy of Shirley Sellers, Inc. $136,500 3 bd / 1.5 ba 1,056 sq ft $129/sq ft
Keisters Branch RdListing courtesy of McNeil Real Estate $225,000 3 bd / 2 ba 1,726 sq ft $130/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in November 2007 was $247,000, across 19 sales on record (land excluded). A year earlier, in November 2006, it was $275,000.

How many homes sold in Blacksburg in November 2007?

19 homes sold in Blacksburg in November 2007, compared with 20 in October 2007 and 36 in November 2006.

How fast did homes sell in Blacksburg in November 2007?

Homes that sold in November 2007 spent a median of 75 days on the market, and 42% sold at or above their original asking price.

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