Blacksburg market report

Blacksburg housing market, March 2009.

In March 2009, 15 homes sold in Blacksburg at a median price of $212,500. In March 2008, 44 homes sold at a median of $235,750. Homes that sold spent a median of 47 days on the market and sold for a median of 94% of their original asking price.

15

Homes sold

44 a year earlier

$213K

Median sale price

Down 10% from a year earlier

$122

Per square foot

Median, sold homes

47

Days on market

Median, sold homes

94%

Of asking price

Median sale to original list

36

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in March 2009. Land excluded.

March 2009

The month in charts.

Sales by type: 11 single-family houses, 3 townhouses and 1 condo.

Median sale price by month

The 13 months through March 2009. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through March 2009Mar 08: $236K. Mar 09: $213K. Lowest $179K (Feb 09), highest $267K (Apr 08).Mar 08: $236KApr 08: $267KMay 08: $227KJun 08: $250KJul 08: $206KAug 08: $220KSep 08: $242KOct 08: $255KNov 08: $240KDec 08: $210KJan 09: $188KFeb 09: $179KMar 09: $213K
Median home sale price in Blacksburg by month, 13 months through March 2009
PeriodMedian sale price
Mar 08$236K
Apr 08$267K
May 08$227K
Jun 08$250K
Jul 08$206K
Aug 08$220K
Sep 08$242K
Oct 08$255K
Nov 08$240K
Dec 08$210K
Jan 09$188K
Feb 09$179K
Mar 09$213K

Homes sold per month

March 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through March 2009Mar 08: 44. Mar 09: 15. Lowest 10 (Jan 09), highest 69 (Jun 08).Mar 08: 44Apr 08: 29May 08: 59Jun 08: 69Jul 08: 58Aug 08: 37Sep 08: 21Oct 08: 15Nov 08: 14Dec 08: 14Jan 09: 10Feb 09: 19Mar 09: 15
Homes sold in Blacksburg per month, 13 months through March 2009
PeriodHomes sold
Mar 0844
Apr 0829
May 0859
Jun 0869
Jul 0858
Aug 0837
Sep 0821
Oct 0815
Nov 0814
Dec 0814
Jan 0910
Feb 0919
Mar 0915

Sales by price

March 2009.

  • Under $250K 8 sold
  • $250K to $350K 4 sold
  • $350K to $500K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in March 2009.

Sales

Every sale in March 2009.

Final sale prices, newest first.

Homes sold in Blacksburg in March 2009
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Craig DriveListing courtesy of Coldwell Banker Townside Bburg Northside Park $260,000 5 bd / 3 ba 2,394 sq ft $109/sq ft
Claytor SquareListing courtesy of Coldwell Banker Townside Bburg University Place $128,500 3 bd / 2 ba 970 sq ft $132/sq ft
VillageListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $355,000 4 bd / 4 ba 3,879 sq ft $92/sq ft
GivensListing courtesy of The Real Estate Group $170,100 4 bd / 2 ba 2,300 sq ft $74/sq ft
KarrListing courtesy of RE/MAX Allegiance, Blacksburg Gladewood $262,500 4 bd / 2.5 ba 2,294 sq ft $114/sq ft
CapistranoListing courtesy of Long & Foster - Blacksburg Mission Hills $150,000 3 bd / 2 ba 1,600 sq ft $94/sq ft
Albemarle LaneListing courtesy of RE/MAX 8 - Blacksburg Stroubles Mill $395,000 4 bd / 3 ba 3,840 sq ft $103/sq ft
LoraListing courtesy of Prudential Radford & Associates-Blacksburg Longview Estates $212,500 3 bd / 2.5 ba 1,633 sq ft $130/sq ft
Mountainside DriveListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $452,744 5 bd / 4.5 ba 3,629 sq ft $125/sq ft
GivensListing courtesy of Shirley Sellers, Inc. $179,900 3 bd / 2 ba 1,442 sq ft $125/sq ft
Brook CircleListing courtesy of Long & Foster - Blacksburg Brookfield Village $290,000 4 bd / 2.5 ba 2,380 sq ft $122/sq ft
Brunswick DrListing courtesy of NextHome New River Valley $260,000 4 bd / 2.5 ba 1,920 sq ft $135/sq ft
Laurence LnListing courtesy of Burnette Real Estate Sales & Management Inc. $185,000 4 bd / 2.5 ba 1,512 sq ft $122/sq ft
Virtue LnListing courtesy of RE/MAX 8 - Blacksburg $155,000 3 bd / 2 ba 1,863 sq ft $83/sq ft
GivensListing courtesy of Shirley Sellers, Inc. $177,500 3 bd / 2 ba 1,442 sq ft $123/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in March 2009?

The median sale price for homes in Blacksburg in March 2009 was $212,500, across 15 sales on record (land excluded). A year earlier, in March 2008, it was $235,750.

How many homes sold in Blacksburg in March 2009?

15 homes sold in Blacksburg in March 2009, compared with 19 in February 2009 and 44 in March 2008.

How fast did homes sell in Blacksburg in March 2009?

Homes that sold in March 2009 spent a median of 47 days on the market, and 13% sold at or above their original asking price.

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