Blacksburg market report
Blacksburg housing market, February 2008.
In February 2008, 33 homes sold in Blacksburg at a median price of $188,500. In February 2007, 30 homes sold at a median of $231,000. Homes that sold spent a median of 23 days on the market and sold for a median of 97% of their original asking price.
33
Homes sold
30 a year earlier
$189K
Median sale price
Down 18% from a year earlier
$128
Per square foot
Median, sold homes
23
Days on market
Median, sold homes
97%
Of asking price
Median sale to original list
55
New listings
Homes listed this month
Homes in Blacksburg ZIP codes 24060 to 24063 that closed in February 2008. Land excluded.
February 2008
The month in charts.
Sales by type: 16 single-family houses, 11 townhouses and 6 condos.
Median sale price by month
The 13 months through February 2008. Single months move around; the market page shows the 12-month trend.
| Period | Median sale price |
|---|---|
| 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 |
| Jan 08 | $212K |
| Feb 08 | $189K |
Homes sold per month
February 2008 highlighted.
Sales by price
February 2008.
Sales by neighborhood
Neighborhoods with the most sales in February 2008.
Sales
Every sale in February 2008.
Final sale prices, newest first.
| Address | Neighborhood | Sold | Price | Beds / baths | Sq ft | Per sq ft |
|---|---|---|---|---|---|---|
| Airport RdListing courtesy of Blacksburg Real Estate, Inc. | Miller Southside | $384,000 | 4 bd / 2 ba | 2,065 sq ft | $186/sq ft | |
| GordonListing courtesy of Long & Foster - Blacksburg | Brush Mountain Estates | $330,000 | 3 bd / 2.5 ba | 2,408 sq ft | $137/sq ft | |
| MainListing courtesy of Long & Foster - Blacksburg | $217,000 | 1 bd / 1 ba | 679 sq ft | $320/sq ft | ||
| JanieListing courtesy of BlueRidge Real Estate | Pheasant Run | $188,500 | 4 bd / 2.5 ba | 1,440 sq ft | $131/sq ft | |
| Pheasant Run DriveListing courtesy of Coldwell Banker Townside Bburg | Pheasant Run | $186,900 | 4 bd / 2.5 ba | 1,480 sq ft | $126/sq ft | |
| KnollwoodListing courtesy of Long & Foster - Blacksburg | $176,500 | 2 bd / 2 ba | 1,081 sq ft | $163/sq ft | ||
| ChelseaListing courtesy of Coldwell Banker Townside Bburg | Haymarket Square | $163,900 | 3 bd / 2.5 ba | 1,375 sq ft | $119/sq ft | |
| ChelseaListing courtesy of RE/MAX Allegiance, Blacksburg | Haymarket Square | $157,000 | 3 bd / 2.5 ba | 1,342 sq ft | $117/sq ft | |
| ClaytorListing courtesy of NextHome New River Valley | University Place | $129,950 | 3 bd / 2 ba | 980 sq ft | $133/sq ft | |
| CourtListing courtesy of Prudential Radford & Associates-Blacksburg | Wyatt Farm | $408,000 | 4 bd / 3.5 ba | 3,128 sq ft | $130/sq ft | |
| S Main StreetListing courtesy of Blacksburg Real Estate, Inc. | Clay Court Condominiums | $373,900 | 1 bd / 1.5 ba | 1,550 sq ft | $241/sq ft | |
| Lombardi DriveListing courtesy of Coldwell Banker Townside Bburg | Woodbine | $230,000 | 5 bd / 3 ba | 2,466 sq ft | $93/sq ft | |
| Clover Valley CircleListing courtesy of Coldwell Banker Townside Bburg | Clover Valley | $145,000 | 4 bd / 2.5 ba | 1,480 sq ft | $98/sq ft | |
| GladeListing courtesy of Bondurant Realty Corp. | $120,000 | 2 bd / 1 ba | 1,400 sq ft | $86/sq ft | ||
| Mourning Dove DriveListing courtesy of Coldwell Banker Townside Bburg | Meadow Run | $245,000 | 3 bd / 2.5 ba | 2,260 sq ft | $108/sq ft | |
| Newton CtListing courtesy of Coldwell Banker Townside Bburg | Haymarket Square | $188,500 | 4 bd / 3 ba | 1,910 sq ft | $99/sq ft | |
| Country Club DrListing courtesy of The Real Estate Group | Highland Park | $186,750 | 4 bd / 2 ba | 2,342 sq ft | $80/sq ft | |
| Country ClubListing courtesy of The Real Estate Group | Highland Park | $186,750 | 4 bd / 2 ba | 2,342 sq ft | $80/sq ft | |
| Summit DrListing courtesy of Coldwell Banker Townside Bburg | Longview Estates | $234,700 | 4 bd / 2 ba | 2,430 sq ft | $97/sq ft | |
| Clover Valley CirListing courtesy of NextHome New River Valley | Clover Valley | $148,000 | 4 bd / 2.5 ba | 1,480 sq ft | $100/sq ft | |
| JanieListing courtesy of Coldwell Banker Townside Bburg | Pheasant Run | $184,000 | 4 bd / 2.5 ba | 1,440 sq ft | $128/sq ft | |
| LucasListing courtesy of Long & Foster - Blacksburg | Springdale Addition | $113,000 | 2 bd / 1 ba | 1,040 sq ft | $109/sq ft | |
| North KnollwoodListing courtesy of Long & Foster - Blacksburg | Knollwood | $137,500 | 1 bd / 1 ba | 760 sq ft | $181/sq ft | |
| TrilliumListing courtesy of Coldwell Banker Townside Bburg | Trillium Place | $437,000 | 4 bd / 3.5 ba | 3,220 sq ft | $136/sq ft | |
| Indian Meadow DrListing courtesy of Mkb, REALTORS® | Indian Run | $387,000 | 3 bd / 3 ba | 3,019 sq ft | $128/sq ft | |
| Indian Meadow | Indian Run | $387,000 | 3 bd / 3 ba | 3,019 sq ft | $128/sq ft | |
| WildflowerListing courtesy of RE/MAX Allegiance, Blacksburg | $385,000 | 4 bd / 2.5 ba | 2,280 sq ft | $169/sq ft | ||
| RidgeListing courtesy of Hokie Real Estate, Inc. | Ramble Ridge | $162,000 | 3 bd / 2.5 ba | 1,280 sq ft | $127/sq ft | |
| Brightwood ManorListing courtesy of Coldwell Banker Townside Bburg | Brightwood Manor | $89,000 | 1 bd / 1 ba | 713 sq ft | $125/sq ft | |
| Poplar RidgeListing courtesy of Long & Foster - Blacksburg | The Village at Tom's Creek | $385,000 | 4 bd / 2.5 ba | 2,349 sq ft | $164/sq ft | |
| Redbud RoadListing courtesy of Long & Foster-Christiansburg | Trillium Place | $435,000 | 4 bd / 3 ba | 2,824 sq ft | $154/sq ft | |
| SilverleafListing courtesy of Long & Foster - Blacksburg | Silverleaf | $240,000 | 3 bd / 2 ba | 1,410 sq ft | $170/sq ft | |
| MinorListing courtesy of Coldwell Banker Townside Bburg | Cedar Hill | $220,000 | 3 bd / 2 ba | 1,358 sq ft | $162/sq ft |
FAQ
Questions? Answers.
What was the median home price in Blacksburg in February 2008?
The median sale price for homes in Blacksburg in February 2008 was $188,500, across 33 sales on record (land excluded). A year earlier, in February 2007, it was $231,000.
How many homes sold in Blacksburg in February 2008?
33 homes sold in Blacksburg in February 2008, compared with 24 in January 2008 and 30 in February 2007.
How fast did homes sell in Blacksburg in February 2008?
Homes that sold in February 2008 spent a median of 23 days on the market, and 21% sold at or above their original asking price.
Alerts
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