Blacksburg market report

Blacksburg housing market, July 2008.

In July 2008, 58 homes sold in Blacksburg at a median price of $206,250. In July 2007, 71 homes sold at a median of $220,000. Homes that sold spent a median of 46 days on the market and sold for a median of 97% of their original asking price.

58

Homes sold

71 a year earlier

$206K

Median sale price

Down 6% from a year earlier

$131

Per square foot

Median, sold homes

46

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

25

New listings

Homes listed this month

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

July 2008

The month in charts.

Sales by type: 34 single-family houses, 14 townhouses and 10 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through July 2008Jul 07: $220K. Jul 08: $206K. Lowest $189K (Feb 08), highest $271K (Dec 07).Jul 07: $220KAug 07: $222KSep 07: $235KOct 07: $216KNov 07: $247KDec 07: $271KJan 08: $212KFeb 08: $189KMar 08: $236KApr 08: $267KMay 08: $227KJun 08: $250KJul 08: $206K
Median home sale price in Blacksburg by month, 13 months through July 2008
PeriodMedian sale price
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
Jul 08$206K

Homes sold per month

July 2008 highlighted.

Homes sold in Blacksburg per month, 13 months through July 2008Jul 07: 71. Jul 08: 58. Lowest 19 (Nov 07), highest 71 (Jul 07).Jul 07: 71Aug 07: 60Sep 07: 29Oct 07: 20Nov 07: 19Dec 07: 20Jan 08: 24Feb 08: 33Mar 08: 44Apr 08: 29May 08: 59Jun 08: 69Jul 08: 58
Homes sold in Blacksburg per month, 13 months through July 2008
PeriodHomes sold
Jul 0771
Aug 0760
Sep 0729
Oct 0720
Nov 0719
Dec 0720
Jan 0824
Feb 0833
Mar 0844
Apr 0829
May 0859
Jun 0869
Jul 0858

Sales by price

July 2008.

  • Under $250K 38 sold
  • $250K to $350K 13 sold
  • $350K to $500K 6 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in July 2008.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in July 2008
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Green StreetListing courtesy of Long & Foster - Blacksburg $229,000 2 bd / 2 ba 987 sq ft $232/sq ft
Woods EdgeListing courtesy of Coldwell Banker Townside Bburg The Orchards $196,000 2 bd / 2.5 ba 1,486 sq ft $132/sq ft
WellesleyListing courtesy of Long & Foster - Blacksburg Haymarket Square $192,900 4 bd / 2.5 ba 1,798 sq ft $107/sq ft
CharlesListing courtesy of RE/MAX 8 - Blacksburg Piedmont $134,900 2 bd / 1 ba 899 sq ft $150/sq ft
Mill PointeListing courtesy of Long & Foster-Christiansburg Lusters Mill $445,000 4 bd / 3.5 ba 3,409 sq ft $131/sq ft
AsherListing courtesy of Long & Foster - Blacksburg Mt. Tabor Meadows $334,820 3 bd / 2.5 ba 1,936 sq ft $173/sq ft
Maplewood LnListing courtesy of Long & Foster - Blacksburg Gladewood $267,000 3 bd / 2 ba 1,900 sq ft $141/sq ft
HenryListing courtesy of McCraw Real Estate Patrick Henry $124,900 2 bd / 2 ba 936 sq ft $133/sq ft
CourtneyListing courtesy of Gallery, Inc. Echols Village $264,000 4 bd / 3.5 ba 2,476 sq ft $107/sq ft
Westover DriveListing courtesy of Long & Foster-Christiansburg Westover Hills $234,000 3 bd / 2 ba 1,776 sq ft $132/sq ft
Charles StreetListing courtesy of Long & Foster - Blacksburg Piedmont $152,000 3 bd / 2 ba 1,400 sq ft $109/sq ft
RuckerListing courtesy of Whiting Real Estate Apperson $372,500 5 bd / 3 ba 2,992 sq ft $124/sq ft
AsherListing courtesy of Long & Foster - Blacksburg Mt. Tabor Meadows $325,900 3 bd / 2.5 ba 1,808 sq ft $180/sq ft
HightopListing courtesy of Coldwell Banker Townside Bburg $250,000 3 bd / 2 ba 1,966 sq ft $127/sq ft
McCoyListing courtesy of CENTURY 21 Rice Realty $180,000 3 bd / 1 ba 1,200 sq ft $150/sq ft
BranchListing courtesy of RE/MAX 8 - Blacksburg $155,000 3 bd / 1 ba 1,736 sq ft $89/sq ft
Claytor SqListing courtesy of RE/MAX Allegiance, Blacksburg University Place $126,000 3 bd / 2 ba 970 sq ft $130/sq ft
HenryListing courtesy of NextHome New River Valley Patrick Henry $121,200 2 bd / 2 ba 936 sq ft $129/sq ft
Brightwood ManorListing courtesy of Coldwell Banker Townside Bburg Brightwood Manor $91,000 2 bd / 1 ba 978 sq ft $93/sq ft
Monarch CtListing courtesy of Long & Foster - Blacksburg $390,000 4 bd / 2.5 ba 2,614 sq ft $149/sq ft
GardenspringListing courtesy of Whiting Real Estate Crestwood Gardens $216,500 4 bd / 2 ba 1,779 sq ft $122/sq ft
EmeraldListing courtesy of Long & Foster - Blacksburg $168,900 3 bd / 2.5 ba 1,328 sq ft $127/sq ft
Village WayListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $425,000 4 bd / 2.5 ba 2,673 sq ft $159/sq ft
KarrListing courtesy of Coldwell Banker Townside Bburg Gladewood $254,900 4 bd / 3 ba 1,945 sq ft $131/sq ft
ShenandoahListing courtesy of Giesen-Caldwell Agency, Inc. Shenandoah $153,000 3 bd / 2.5 ba 1,364 sq ft $112/sq ft
Gedney Park DrListing courtesy of Long & Foster - Blacksburg $240,000 3 bd / 2 ba 1,930 sq ft $124/sq ft
South Knollwood DrListing courtesy of Long & Foster - Blacksburg Knollwood $175,500 2 bd / 2 ba 1,057 sq ft $166/sq ft
ChelseaListing courtesy of Blacksburg Real Estate, Inc. Haymarket Square $175,000 3 bd / 2.5 ba 1,342 sq ft $130/sq ft
Mountain Laurel RidgeListing courtesy of Coldwell Banker Townside Bburg Brush Mountain West $560,000 5 bd / 3.5 ba 3,555 sq ft $158/sq ft
Ridge RdListing courtesy of Long & Foster - Blacksburg Ramble Ridge $177,000 3 bd / 2.5 ba 1,340 sq ft $132/sq ft
Montgomery StreetListing courtesy of Coldwell Banker Townside Bburg $177,250 3 bd / 1 ba 1,080 sq ft $164/sq ft
Chowning PlListing courtesy of RE/MAX 8 - Blacksburg Chowning Place $143,500 2 bd / 2 ba 1,170 sq ft $123/sq ft
AliceListing courtesy of Long & Foster - Blacksburg $356,500 4 bd / 3.5 ba 3,084 sq ft $116/sq ft
Carroll DriveListing courtesy of Long & Foster-Christiansburg Northside Park $289,900 4 bd / 2.5 ba 1,945 sq ft $149/sq ft
CapistranoListing courtesy of Home Discovery, REALTORS Mission Hills $242,900 3 bd / 1.5 ba 1,895 sq ft $128/sq ft
CrestviewListing courtesy of Long & Foster - Blacksburg Highland Park $190,000 3 bd / 1.5 ba 1,798 sq ft $106/sq ft
LeeListing courtesy of Long & Foster-Christiansburg $164,697 2 bd / 1 ba 944 sq ft $174/sq ft
CraigListing courtesy of RE/MAX Allegiance, Blacksburg Northside Park $295,000 4 bd / 2.5 ba 1,955 sq ft $151/sq ft
KnollwoodListing courtesy of Long & Foster - Blacksburg $190,000 3 bd / 2 ba 1,231 sq ft $154/sq ft
Hardwick StreetListing courtesy of Shirley Sellers, Inc. Wyatt Farm $478,000 4 bd / 4 ba 3,350 sq ft $143/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in July 2008 was $206,250, across 58 sales on record (land excluded). A year earlier, in July 2007, it was $220,000.

How many homes sold in Blacksburg in July 2008?

58 homes sold in Blacksburg in July 2008, compared with 69 in June 2008 and 71 in July 2007.

How fast did homes sell in Blacksburg in July 2008?

Homes that sold in July 2008 spent a median of 46 days on the market, and 26% sold at or above their original asking price.

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