Blacksburg market report

Blacksburg housing market, August 2008.

In August 2008, 37 homes sold in Blacksburg at a median price of $220,000. In August 2007, 60 homes sold at a median of $221,650. Homes that sold spent a median of 51 days on the market and sold for a median of 97% of their original asking price.

37

Homes sold

60 a year earlier

$220K

Median sale price

Down 1% from a year earlier

$130

Per square foot

Median, sold homes

51

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

17

New listings

Homes listed this month

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

August 2008

The month in charts.

Sales by type: 28 single-family houses, 6 townhouses and 3 condos.

Median sale price by month

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

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

Homes sold per month

August 2008 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2008Aug 07: 60. Aug 08: 37. Lowest 19 (Nov 07), highest 69 (Jun 08).Aug 07: 60Sep 07: 29Oct 07: 20Nov 07: 19Dec 07: 20Jan 08: 24Feb 08: 33Mar 08: 44Apr 08: 29May 08: 59Jun 08: 69Jul 08: 58Aug 08: 37
Homes sold in Blacksburg per month, 13 months through August 2008
PeriodHomes sold
Aug 0760
Sep 0729
Oct 0720
Nov 0719
Dec 0720
Jan 0824
Feb 0833
Mar 0844
Apr 0829
May 0859
Jun 0869
Jul 0858
Aug 0837

Sales by price

August 2008.

  • Under $250K 26 sold
  • $250K to $350K 4 sold
  • $350K to $500K 5 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2008.

Sales

Every sale in August 2008.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2008
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Rhea RidgeListing courtesy of Long & Foster-Christiansburg Brush Mountain Estates $420,000 4 bd / 3 ba 3,755 sq ft $112/sq ft
LacyListing courtesy of Long & Foster - Blacksburg Westover Hills $245,000 3 bd / 2 ba 2,295 sq ft $107/sq ft
Trillium LaneListing courtesy of Coldwell Banker Townside Bburg The Village at Tom's Creek $209,000 2 bd / 2.5 ba 1,480 sq ft $141/sq ft
Brightwood ManorListing courtesy of MKB, REALTORS, Blacksburg Brightwood Manor $100,000 2 bd / 1 ba 978 sq ft $102/sq ft
CourtneyListing courtesy of Long & Foster - Blacksburg Echols Village $228,600 3 bd / 2.5 ba 1,448 sq ft $158/sq ft
BrocktonListing courtesy of Long & Foster - Blacksburg Cedar Orchard $520,000 5 bd / 3.5 ba 4,000 sq ft $130/sq ft
Happy HollowListing courtesy of Coldwell Banker Townside Bburg $410,000 4 bd / 3 ba 3,500 sq ft $117/sq ft
Brook CirListing courtesy of Shirley Sellers, Inc. Brookfield Village $340,000 4 bd / 2.5 ba 2,401 sq ft $142/sq ft
MainListing courtesy of Blacksburg Real Estate, Inc. Country Club Park $283,500 3 bd / 2 ba 1,646 sq ft $172/sq ft
UplandListing courtesy of RE/MAX Allegiance, Blacksburg $237,000 3 bd / 2 ba 1,523 sq ft $156/sq ft
Sweeny RdListing courtesy of Coldwell Banker Townside Bburg $120,000 3 bd / 1 ba 1,000 sq ft $120/sq ft
Petra PassListing courtesy of Long & Foster - Blacksburg Mt. Tabor Meadows $351,295 3 bd / 2.5 ba 1,840 sq ft $191/sq ft
WoodbineListing courtesy of RE/MAX Allegiance, Blacksburg Woodbine $238,500 4 bd / 3.5 ba 1,956 sq ft $122/sq ft
Pheasant RunListing courtesy of BlueRidge Real Estate Pheasant Run $182,500 4 bd / 2.5 ba 1,440 sq ft $127/sq ft
HorseshoeListing courtesy of Coldwell Banker Townside Bburg Mt. Tabor Village $220,000 3 bd / 2 ba 1,565 sq ft $141/sq ft
SussexListing courtesy of Coldwell Banker Townside Bburg Carriage Hill $129,000 2 bd / 1.5 ba 1,188 sq ft $109/sq ft
Tall OaksListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $475,000 4 bd / 3 ba 3,424 sq ft $139/sq ft
Mossy SpringListing courtesy of RE/MAX Allegiance, Blacksburg $180,000 3 bd / 2 ba 1,284 sq ft $140/sq ft
Brook CirListing courtesy of Coldwell Banker Townside Bburg Brookfield Village $348,000 4 bd / 2.5 ba 2,473 sq ft $141/sq ft
University TerListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $129,000 4 bd / 2 ba 975 sq ft $132/sq ft
Capistrano StreetListing courtesy of Blacksburg Real Estate, Inc. Mission Hills $216,900 4 bd / 2 ba 2,262 sq ft $96/sq ft
Courtney CircleListing courtesy of Long & Foster - Blacksburg Echols Village $235,000 3 bd / 2.5 ba 1,596 sq ft $147/sq ft
McCoy RoadListing courtesy of RE/MAX Allegiance, Blacksburg $112,000 2 bd / 1 ba 934 sq ft $120/sq ft
PalmerListing courtesy of Coldwell Banker Townside Bburg Highland Park $189,000 3 bd / 2 ba 1,771 sq ft $107/sq ft
Wren CtListing courtesy of RE/MAX 8 - Blacksburg Preston Forest $495,000 4 bd / 3 ba 3,253 sq ft $152/sq ft
RedbudListing courtesy of Whiting Real Estate $295,000 3 bd / 2 ba 1,709 sq ft $173/sq ft
CrestwoodListing courtesy of Coldwell Banker Townside Bburg Shelor Farm Estates $243,000 3 bd / 2.5 ba 1,865 sq ft $130/sq ft
Mill PointeListing courtesy of Long & Foster - Blacksburg Lusters Mill $595,000 4 bd / 3.5 ba 3,522 sq ft $169/sq ft
Givens LaneListing courtesy of NextHome New River Valley $232,000 3 bd / 2.5 ba 1,509 sq ft $154/sq ft
LaurenceListing courtesy of Coldwell Banker Townside Bburg $183,000 4 bd / 2.5 ba 1,500 sq ft $122/sq ft
HardingListing courtesy of Long & Foster-Christiansburg $180,500 4 bd / 2 ba 1,443 sq ft $125/sq ft
Catawba RdListing courtesy of Prudential Radford & Associates-Blacksburg $175,000 4 bd / 2 ba 2,906 sq ft $60/sq ft
CharlesListing courtesy of Long & Foster - Blacksburg Piedmont $128,000 2 bd / 1.5 ba 966 sq ft $133/sq ft
Cedar Hill DrListing courtesy of Hanna Real Estate Cedar Hill $210,000 3 bd / 2 ba 1,560 sq ft $135/sq ft
Lora LnListing courtesy of Prudential Radford & Associates-Blacksburg Tremont Estates $186,000 3 bd / 2.5 ba 1,440 sq ft $129/sq ft
Jennifer DriveListing courtesy of Long & Foster-Christiansburg Pheasant Run Crossing $183,000 4 bd / 2.5 ba 1,512 sq ft $121/sq ft
Lilly RoadListing courtesy of Hanna Real Estate $174,000 3 bd / 1.5 ba 2,066 sq ft $84/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2008 was $220,000, across 37 sales on record (land excluded). A year earlier, in August 2007, it was $221,650.

How many homes sold in Blacksburg in August 2008?

37 homes sold in Blacksburg in August 2008, compared with 58 in July 2008 and 60 in August 2007.

How fast did homes sell in Blacksburg in August 2008?

Homes that sold in August 2008 spent a median of 51 days on the market, and 19% sold at or above their original asking price.

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