Blacksburg market report

Blacksburg housing market, April 2008.

In April 2008, 29 homes sold in Blacksburg at a median price of $267,000. In April 2007, 47 homes sold at a median of $222,000. Homes that sold spent a median of 61 days on the market and sold for a median of 96% of their original asking price.

29

Homes sold

47 a year earlier

$267K

Median sale price

Up 20% from a year earlier

$123

Per square foot

Median, sold homes

61

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

41

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in April 2008. Land excluded.

April 2008

The month in charts.

Sales by type: 21 single-family houses, 4 townhouses and 4 condos.

Median sale price by month

The 13 months through April 2008. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through April 2008Apr 07: $222K. Apr 08: $267K. Lowest $189K (Feb 08), highest $271K (Dec 07).Apr 07: $222KMay 07: $239KJun 07: $250KJul 07: $220KAug 07: $222KSep 07: $235KOct 07: $216KNov 07: $247KDec 07: $271KJan 08: $212KFeb 08: $189KMar 08: $236KApr 08: $267K
Median home sale price in Blacksburg by month, 13 months through April 2008
PeriodMedian sale price
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
Mar 08$236K
Apr 08$267K

Homes sold per month

April 2008 highlighted.

Homes sold in Blacksburg per month, 13 months through April 2008Apr 07: 47. Apr 08: 29. Lowest 19 (Nov 07), highest 74 (Jun 07).Apr 07: 47May 07: 65Jun 07: 74Jul 07: 71Aug 07: 60Sep 07: 29Oct 07: 20Nov 07: 19Dec 07: 20Jan 08: 24Feb 08: 33Mar 08: 44Apr 08: 29
Homes sold in Blacksburg per month, 13 months through April 2008
PeriodHomes sold
Apr 0747
May 0765
Jun 0774
Jul 0771
Aug 0760
Sep 0729
Oct 0720
Nov 0719
Dec 0720
Jan 0824
Feb 0833
Mar 0844
Apr 0829

Sales by price

April 2008.

  • Under $250K 14 sold
  • $250K to $350K 7 sold
  • $350K to $500K 5 sold
  • $500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in April 2008.

Sales

Every sale in April 2008.

Final sale prices, newest first.

Homes sold in Blacksburg in April 2008
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
WakefieldListing courtesy of RE/MAX Allegiance, Blacksburg Stroubles Mill $499,000 4 bd / 3.5 ba 3,754 sq ft $133/sq ft
Brunswick DriveListing courtesy of Long & Foster - Blacksburg $267,000 3 bd / 2.5 ba 1,972 sq ft $135/sq ft
RobinListing courtesy of Long & Foster-Christiansburg Karr Heights $223,000 3 bd / 2.5 ba 2,021 sq ft $110/sq ft
Chelsea CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $186,000 4 bd / 3 ba 1,904 sq ft $98/sq ft
HuntingtonListing courtesy of Long & Foster - Blacksburg Oak Manor $183,500 3 bd / 2 ba 1,716 sq ft $107/sq ft
ProgressListing courtesy of Long & Foster-Christiansburg Park Place $97,200 2 bd / 1 ba 760 sq ft $128/sq ft
Deercroft DriveListing courtesy of Long & Foster-Christiansburg Deercroft $660,000 7 bd / 5.5 ba 5,314 sq ft $124/sq ft
Gracelyn CtListing courtesy of Alpha Omega Real Estate Miller Southside $428,000 4 bd / 4.5 ba 3,493 sq ft $123/sq ft
Little CircleListing courtesy of NextHome New River Valley Apperson $357,000 4 bd / 3 ba 3,363 sq ft $106/sq ft
Highland CircleListing courtesy of Coldwell Banker Townside Bburg Highland Park $325,000 3 bd / 3 ba 3,530 sq ft $92/sq ft
Harding RoadListing courtesy of Prudential Radford & Associates-Blacksburg $272,000 3 bd / 3 ba 2,513 sq ft $108/sq ft
Cedarview DrListing courtesy of Prudential Radford & Associates-Blacksburg Forest Hills $489,000 6 bd / 4.5 ba 5,146 sq ft $95/sq ft
Tom's CreekListing courtesy of Long & Foster - Blacksburg $595,000 4 bd / 3.5 ba 3,532 sq ft $168/sq ft
LucasListing courtesy of Long & Foster - Blacksburg Dickerson $238,000 3 bd / 3 ba 1,804 sq ft $132/sq ft
Christopher DriveListing courtesy of Coldwell Banker Townside Bburg Woodbine $205,000 3 bd / 2.5 ba 2,052 sq ft $100/sq ft
Birch LeafListing courtesy of Long & Foster-Christiansburg Wyatt Farm $620,000 4 bd / 3.5 ba 3,576 sq ft $173/sq ft
CanterburyListing courtesy of Coldwell Banker Townside Bburg Oak Manor $189,000 4 bd / 3 ba 1,684 sq ft $112/sq ft
PearmanListing courtesy of Prudential Radford & Associates-Blacksburg Preston Forest $460,000 4 bd / 3.5 ba 4,285 sq ft $107/sq ft
Northside DriveListing courtesy of Hanna Real Estate Northside Park $325,000 4 bd / 2.5 ba 2,627 sq ft $124/sq ft
Locust AveListing courtesy of Prudential Radford & Associates-Blacksburg Highland Park $209,000 3 bd / 2.5 ba 2,341 sq ft $89/sq ft
SunridgeListing courtesy of Prudential Radford & Associates-Blacksburg Sundance Ridge $142,000 3 bd / 2 ba 1,084 sq ft $131/sq ft
Bishop RoadListing courtesy of Long & Foster - Blacksburg $281,550 3 bd / 2 ba 2,360 sq ft $119/sq ft
Silverleaf LnListing courtesy of Prudential Radford & Associates-Blacksburg Silverleaf $230,900 3 bd / 3.5 ba 1,970 sq ft $117/sq ft
Chestnut DrListing courtesy of NextHome New River Valley Woodbine $305,000 4 bd / 2.5 ba 2,573 sq ft $119/sq ft
RoanokeListing courtesy of Long & Foster - Blacksburg $149,000 2 bd / 1 ba 1,207 sq ft $123/sq ft
University TerListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $132,000 4 bd / 2 ba 975 sq ft $135/sq ft
University TerraceListing courtesy of RE/MAX Allegiance, Blacksburg University Terrace $125,000 3 bd / 2 ba 950 sq ft $132/sq ft
Marlington StreetListing courtesy of MKB, REALTORS, Blacksburg Crismond Addition $184,000 2 bd / 2 ba 1,367 sq ft $135/sq ft
SeminoleListing courtesy of Long & Foster - Blacksburg Shenandoah $288,000 3 bd / 2 ba 2,208 sq ft $130/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in April 2008?

The median sale price for homes in Blacksburg in April 2008 was $267,000, across 29 sales on record (land excluded). A year earlier, in April 2007, it was $222,000.

How many homes sold in Blacksburg in April 2008?

29 homes sold in Blacksburg in April 2008, compared with 44 in March 2008 and 47 in April 2007.

How fast did homes sell in Blacksburg in April 2008?

Homes that sold in April 2008 spent a median of 61 days on the market, and 17% sold at or above their original asking price.

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