Blacksburg market report

Blacksburg housing market, December 2007.

In December 2007, 20 homes sold in Blacksburg at a median price of $271,450. In December 2006, 46 homes sold at a median of $198,047. Homes that sold spent a median of 67 days on the market and sold for a median of 95% of their original asking price.

20

Homes sold

46 a year earlier

$271K

Median sale price

Up 37% from a year earlier

$128

Per square foot

Median, sold homes

67

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

16

New listings

Homes listed this month

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

December 2007

The month in charts.

Sales by type: 15 single-family houses, 3 condos and 2 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through December 2007Dec 06: $198K. Dec 07: $271K. Lowest $198K (Dec 06), highest $271K (Dec 07).Dec 06: $198KJan 07: $223KFeb 07: $231KMar 07: $230KApr 07: $222KMay 07: $239KJun 07: $250KJul 07: $220KAug 07: $222KSep 07: $235KOct 07: $216KNov 07: $247KDec 07: $271K
Median home sale price in Blacksburg by month, 13 months through December 2007
PeriodMedian sale price
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
Dec 07$271K

Homes sold per month

December 2007 highlighted.

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

Sales by price

December 2007.

  • Under $250K 9 sold
  • $250K to $350K 5 sold
  • $350K to $500K 5 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in December 2007.

Sales

Every sale in December 2007.

Final sale prices, newest first.

Homes sold in Blacksburg in December 2007
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Old Fort RdListing courtesy of Prudential Radford & Associates-Blacksburg Montgomery Farms $292,500 3 bd / 3 ba 2,754 sq ft $106/sq ft
BuckskinListing courtesy of Long & Foster - Blacksburg $79,900 2 bd / 1 ba 600 sq ft $133/sq ft
WestoverListing courtesy of Coldwell Banker Townside Bburg $293,500 4 bd / 2.5 ba 2,265 sq ft $130/sq ft
PippenListing courtesy of Gallery, Inc. The Orchards $330,974 3 bd / 2 ba 1,853 sq ft $179/sq ft
Mt Tabor Road $269,900 4 bd / 2.5 ba 3,018 sq ft $89/sq ft
Minor CirListing courtesy of Long & Foster-Christiansburg Cedar Hill $247,000 4 bd / 3.5 ba 2,207 sq ft $112/sq ft
RiversideListing courtesy of Long & Foster - Blacksburg $95,500 2 bd / 1 ba 1,100 sq ft $87/sq ft
WakefieldListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $360,000 4 bd / 2.5 ba 2,342 sq ft $154/sq ft
HighviewListing courtesy of Coldwell Banker Townside Bburg $231,500 4 bd / 2 ba 2,080 sq ft $111/sq ft
LoudonListing courtesy of Long & Foster - Blacksburg Cascades $96,000 2 bd / 1 ba 735 sq ft $131/sq ft
Newport TerraceListing courtesy of Prudential Radford & Associates-Blacksburg University Place $123,500 3 bd / 2 ba 980 sq ft $126/sq ft
SenecaListing courtesy of Long & Foster - Blacksburg Hunters Ridge $127,000 4 bd / 2 ba 890 sq ft $143/sq ft
AliceListing courtesy of Long & Foster - Blacksburg $508,500 4 bd / 3.5 ba 3,726 sq ft $136/sq ft
Landsdowne DriveListing courtesy of Prudential Radford & Associates-Blacksburg Forest Hills $360,000 5 bd / 3 ba 3,460 sq ft $104/sq ft
PiedmontListing courtesy of Coldwell Banker Townside Bburg Knob Hill $224,000 4 bd / 3 ba 2,766 sq ft $81/sq ft
Honeysuckle DriveListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $407,334 3 bd / 2.5 ba 2,290 sq ft $178/sq ft
Knob HillListing courtesy of Long & Foster - Blacksburg Knob Hill $415,000 3 bd / 2.5 ba 3,428 sq ft $121/sq ft
AshfordListing courtesy of Coldwell Banker Townside Bburg $273,000 4 bd / 2.5 ba 1,871 sq ft $146/sq ft
ForestListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $460,000 4 bd / 2.5 ba 2,920 sq ft $158/sq ft
Janie LaneListing courtesy of Long & Foster-Christiansburg Pheasant Run $183,000 4 bd / 2.5 ba 1,480 sq ft $124/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in December 2007 was $271,450, across 20 sales on record (land excluded). A year earlier, in December 2006, it was $198,047.

How many homes sold in Blacksburg in December 2007?

20 homes sold in Blacksburg in December 2007, compared with 19 in November 2007 and 46 in December 2006.

How fast did homes sell in Blacksburg in December 2007?

Homes that sold in December 2007 spent a median of 67 days on the market, and 15% sold at or above their original asking price.

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