Blacksburg market report

Blacksburg housing market, October 2008.

In October 2008, 15 homes sold in Blacksburg at a median price of $255,000. In October 2007, 20 homes sold at a median of $215,500. Homes that sold spent a median of 18 days on the market and sold for a median of 99% of their original asking price.

15

Homes sold

20 a year earlier

$255K

Median sale price

Up 18% from a year earlier

$141

Per square foot

Median, sold homes

18

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

18

New listings

Homes listed this month

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

October 2008

The month in charts.

Sales by type: 12 single-family houses and 3 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through October 2008Oct 07: $216K. Oct 08: $255K. Lowest $189K (Feb 08), highest $271K (Dec 07).Oct 07: $216KNov 07: $247KDec 07: $271KJan 08: $212KFeb 08: $189KMar 08: $236KApr 08: $267KMay 08: $227KJun 08: $250KJul 08: $206KAug 08: $220KSep 08: $242KOct 08: $255K
Median home sale price in Blacksburg by month, 13 months through October 2008
PeriodMedian sale price
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
Sep 08$242K
Oct 08$255K

Homes sold per month

October 2008 highlighted.

Homes sold in Blacksburg per month, 13 months through October 2008Oct 07: 20. Oct 08: 15. Lowest 15 (Oct 08), highest 69 (Jun 08).Oct 07: 20Nov 07: 19Dec 07: 20Jan 08: 24Feb 08: 33Mar 08: 44Apr 08: 29May 08: 59Jun 08: 69Jul 08: 58Aug 08: 37Sep 08: 21Oct 08: 15
Homes sold in Blacksburg per month, 13 months through October 2008
PeriodHomes sold
Oct 0720
Nov 0719
Dec 0720
Jan 0824
Feb 0833
Mar 0844
Apr 0829
May 0859
Jun 0869
Jul 0858
Aug 0837
Sep 0821
Oct 0815

Sales by price

October 2008.

  • Under $250K 7 sold
  • $250K to $350K 5 sold
  • $350K to $500K 2 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in October 2008.

Sales

Every sale in October 2008.

Final sale prices, newest first.

Homes sold in Blacksburg in October 2008
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Honeysuckle DriveListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $349,700 3 bd / 2.5 ba 2,165 sq ft $162/sq ft
Draper RoadListing courtesy of Coldwell Banker Townside Bburg $345,000 3 bd / 3 ba 2,447 sq ft $141/sq ft
PalmerListing courtesy of Long & Foster - Blacksburg $284,500 3 bd / 2 ba 1,502 sq ft $189/sq ft
Sheliah CtListing courtesy of Coldwell Banker Townside Bburg Knollwood $255,100 3 bd / 3.5 ba 2,110 sq ft $121/sq ft
Sterling Heights LaneListing courtesy of Coldwell Banker Townside Bburg Maple Ridge $890,958 5 bd / 5 ba 5,323 sq ft $167/sq ft
KentwoodListing courtesy of Long & Foster - Blacksburg $359,945 4 bd / 3.5 ba 2,453 sq ft $147/sq ft
DeercroftListing courtesy of Long & Foster - Blacksburg Deercroft $455,000 4 bd / 3.5 ba 2,800 sq ft $163/sq ft
Gloucester DriveListing courtesy of Long & Foster - Blacksburg Pilgrim's Pointe $240,000 4 bd / 2 ba 2,460 sq ft $98/sq ft
CourtneyListing courtesy of Long & Foster - Blacksburg Echols Village $233,000 3 bd / 2.5 ba 1,448 sq ft $161/sq ft
McCoy RoadListing courtesy of RE/MAX Allegiance, Blacksburg $164,500 4 bd / 2 ba 2,360 sq ft $70/sq ft
Sussex RdListing courtesy of RE/MAX Allegiance, Blacksburg Carriage Hill $154,000 3 bd / 3 ba 1,720 sq ft $90/sq ft
Orchard View LnListing courtesy of Coldwell Banker Townside Bburg $118,000 2 bd / 1 ba 942 sq ft $125/sq ft
Mt TaborListing courtesy of Long & Foster - Blacksburg $200,000 3 bd / 1 ba 1,367 sq ft $146/sq ft
NW Montgomery StreetListing courtesy of Coldwell Banker Townside Bburg $255,000 6 bd / 3 ba 2,700 sq ft $94/sq ft
PennListing courtesy of Coldwell Banker Townside Bburg $234,600 3 bd / 2 ba 1,758 sq ft $133/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in October 2008 was $255,000, across 15 sales on record (land excluded). A year earlier, in October 2007, it was $215,500.

How many homes sold in Blacksburg in October 2008?

15 homes sold in Blacksburg in October 2008, compared with 21 in September 2008 and 20 in October 2007.

How fast did homes sell in Blacksburg in October 2008?

Homes that sold in October 2008 spent a median of 18 days on the market, and 40% sold at or above their original asking price.

Alerts

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