Blacksburg market report

Blacksburg housing market, June 2008.

In June 2008, 69 homes sold in Blacksburg at a median price of $249,900. In June 2007, 74 homes sold at a median of $249,500. Homes that sold spent a median of 42 days on the market and sold for a median of 98% of their original asking price.

69

Homes sold

74 a year earlier

$250K

Median sale price

Up 0% from a year earlier

$130

Per square foot

Median, sold homes

42

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

32

New listings

Homes listed this month

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

June 2008

The month in charts.

Sales by type: 46 single-family houses, 16 townhouses and 7 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through June 2008Jun 07: $250K. Jun 08: $250K. Lowest $189K (Feb 08), highest $271K (Dec 07).Jun 07: $250KJul 07: $220KAug 07: $222KSep 07: $235KOct 07: $216KNov 07: $247KDec 07: $271KJan 08: $212KFeb 08: $189KMar 08: $236KApr 08: $267KMay 08: $227KJun 08: $250K
Median home sale price in Blacksburg by month, 13 months through June 2008
PeriodMedian sale price
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
May 08$227K
Jun 08$250K

Homes sold per month

June 2008 highlighted.

Homes sold in Blacksburg per month, 13 months through June 2008Jun 07: 74. Jun 08: 69. Lowest 19 (Nov 07), highest 74 (Jun 07).Jun 07: 74Jul 07: 71Aug 07: 60Sep 07: 29Oct 07: 20Nov 07: 19Dec 07: 20Jan 08: 24Feb 08: 33Mar 08: 44Apr 08: 29May 08: 59Jun 08: 69
Homes sold in Blacksburg per month, 13 months through June 2008
PeriodHomes sold
Jun 0774
Jul 0771
Aug 0760
Sep 0729
Oct 0720
Nov 0719
Dec 0720
Jan 0824
Feb 0833
Mar 0844
Apr 0829
May 0859
Jun 0869

Sales by price

June 2008.

  • Under $250K 35 sold
  • $250K to $350K 21 sold
  • $350K to $500K 12 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in June 2008.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in June 2008
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
GreenwoodListing courtesy of Coldwell Banker Townside Bburg Forest Hills $400,000 4 bd / 5 ba 5,876 sq ft $68/sq ft
Mountain BreezeListing courtesy of Coldwell Banker Townside Bburg Maple Ridge $265,000 5 bd / 3 ba 2,190 sq ft $121/sq ft
Eakin St SEListing courtesy of RE/MAX Valley-Blacksburg Mountain View $230,000 3 bd / 2 ba 1,540 sq ft $149/sq ft
UplandListing courtesy of Whiting Real Estate $199,900 2 bd / 1.5 ba 1,313 sq ft $152/sq ft
Raspberry RoadListing courtesy of Old Virginia Real Estate $151,250 3 bd / 3 ba 2,290 sq ft $66/sq ft
Clover Valley CirListing courtesy of Coldwell Banker Townside Bburg Clover Valley $149,500 4 bd / 2.5 ba 1,480 sq ft $101/sq ft
UniversityListing courtesy of Long & Foster-Christiansburg University Terrace $131,500 4 bd / 2 ba 1,075 sq ft $122/sq ft
University TerListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $127,000 4 bd / 2 ba 975 sq ft $130/sq ft
ClairmontListing courtesy of RE/MAX Allegiance, Blacksburg $360,000 4 bd / 3 ba 2,515 sq ft $143/sq ft
Georgia StreetListing courtesy of Coldwell Banker Townside Bburg $335,000 4 bd / 3 ba 2,928 sq ft $114/sq ft
Mountainside DrListing courtesy of Shirley Sellers, Inc. Blacksburg Country Club $300,000 3 bd / 2 ba 2,140 sq ft $140/sq ft
Thomas LaneListing courtesy of CENTURY 21 Rice Realty $253,000 3 bd / 3.5 ba 3,704 sq ft $68/sq ft
CranwellListing courtesy of Long & Foster - Blacksburg Hardie Hills $249,900 3 bd / 2.5 ba 2,396 sq ft $104/sq ft
MainListing courtesy of Coldwell Banker Townside Bburg $200,500 5 bd / 2 ba 1,824 sq ft $110/sq ft
Airport RdListing courtesy of Coldwell Banker Townside Bburg $392,500 4 bd / 2 ba 1,720 sq ft $228/sq ft
Village Way NorthListing courtesy of Maddy Realty, LLC The Village at Tom's Creek $375,000 3 bd / 2.5 ba 2,276 sq ft $165/sq ft
KentwoodListing courtesy of Long & Foster - Blacksburg $315,000 3 bd / 2.5 ba 2,021 sq ft $156/sq ft
OrioleListing courtesy of Long & Foster-Christiansburg The Glen $275,000 3 bd / 2 ba 1,949 sq ft $141/sq ft
Oriole DrListing courtesy of NextHome New River Valley The Glen $274,500 3 bd / 2.5 ba 1,813 sq ft $151/sq ft
GeorgiaListing courtesy of NextHome New River Valley $239,900 3 bd / 1.5 ba 1,560 sq ft $154/sq ft
Pheasant RunListing courtesy of Long & Foster-Christiansburg Pheasant Run $190,000 4 bd / 2.5 ba 1,480 sq ft $128/sq ft
EmeraldListing courtesy of RE/MAX Allegiance, Blacksburg $159,900 3 bd / 2.5 ba 1,328 sq ft $120/sq ft
NewtonListing courtesy of Hanna Real Estate Haymarket Square $158,000 3 bd / 2.5 ba 1,342 sq ft $118/sq ft
MeadowviewListing courtesy of NextHome New River Valley Westover Hills $229,900 5 bd / 2 ba 1,902 sq ft $121/sq ft
BlossomListing courtesy of Long & Foster - Blacksburg The Orchards $254,500 3 bd / 2.5 ba 1,962 sq ft $130/sq ft
Ellett RoadListing courtesy of Coldwell Banker Townside Bburg $200,800 3 bd / 2 ba 1,380 sq ft $146/sq ft
Chestnut DriveListing courtesy of RE/MAX Allegiance, Blacksburg Woodbine $310,000 4 bd / 2.5 ba 2,402 sq ft $129/sq ft
Loudon RoadListing courtesy of Coldwell Banker Townside Bburg Cascades $107,000 2 bd / 1 ba 730 sq ft $147/sq ft
Falcon Ridge RdListing courtesy of Coldwell Banker Townside Bburg Deercroft $630,000 5 bd / 4.5 ba 4,460 sq ft $141/sq ft
FarmviewListing courtesy of Long & Foster - Blacksburg $255,000 4 bd / 2 ba 1,890 sq ft $135/sq ft
LaurenceListing courtesy of Long & Foster-Christiansburg $188,500 4 bd / 2.5 ba 1,512 sq ft $125/sq ft
Cohee RdListing courtesy of Prudential Radford & Associates-Blacksburg Country Club Park $460,000 4 bd / 4 ba 3,787 sq ft $121/sq ft
FincastleListing courtesy of Whiting Real Estate Kessler Park $280,000 5 bd / 3 ba 2,966 sq ft $94/sq ft
RobinListing courtesy of Long & Foster-Christiansburg Karr Heights $268,000 3 bd / 2.5 ba 2,038 sq ft $132/sq ft
Newton CourtListing courtesy of RE/MAX Valley-Blacksburg Haymarket Square $185,500 3 bd / 2.5 ba 1,375 sq ft $135/sq ft
Westover DriveListing courtesy of RE/MAX 8 - Blacksburg Westover Hills $239,000 3 bd / 2 ba 1,972 sq ft $121/sq ft
Leisure LnListing courtesy of Shirley Sellers, Inc. Cedar Orchard $380,000 4 bd / 3 ba 2,542 sq ft $149/sq ft
Crestwood DrListing courtesy of Coldwell Banker Townside Bburg $275,700 2 bd / 2 ba 2,165 sq ft $127/sq ft
Glade RdListing courtesy of Dee's Country Places-Stuart $198,500 3 bd / 2 ba 1,200 sq ft $165/sq ft
Shenandoah CircleListing courtesy of Coldwell Banker Townside Bburg Shenandoah $150,000 3 bd / 2.5 ba 1,300 sq ft $115/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in June 2008 was $249,900, across 69 sales on record (land excluded). A year earlier, in June 2007, it was $249,500.

How many homes sold in Blacksburg in June 2008?

69 homes sold in Blacksburg in June 2008, compared with 59 in May 2008 and 74 in June 2007.

How fast did homes sell in Blacksburg in June 2008?

Homes that sold in June 2008 spent a median of 42 days on the market, and 32% sold at or above their original asking price.

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