Blacksburg market report

Blacksburg housing market, April 2009.

For comparison, March 2009 had 15 sales; April 2008 had 29, at a median of $267K.

20

Homes sold

Down 31% from a year earlier

$270K

Median sale price

Up 1% from a year earlier

$146

Per square foot

Median, sold homes

106

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

34

New listings

Homes listed this month

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

April 2009

The month in charts.

Sales by type: 13 single-family houses, 4 townhouses and 3 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through April 2009April 2008: $267K. April 2009: $270K. Lowest $179K (February 2009), highest $270K (April 2009).April 2008: $267KMay 2008: $227KJune 2008: $250KJuly 2008: $206KAugust 2008: $220KSeptember 2008: $242KOctober 2008: $255KNovember 2008: $240KDecember 2008: $210KJanuary 2009: $188KFebruary 2009: $179KMarch 2009: $213KApril 2009: $270K
Median home sale price in Blacksburg by month, 13 months through April 2009
PeriodMedian sale price
April 2008$267K
May 2008$227K
June 2008$250K
July 2008$206K
August 2008$220K
September 2008$242K
October 2008$255K
November 2008$240K
December 2008$210K
January 2009$188K
February 2009$179K
March 2009$213K
April 2009$270K

Homes sold per month

April 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through April 2009April 2008: 29. April 2009: 20. Lowest 10 (January 2009), highest 69 (June 2008).April 2008: 29May 2008: 59June 2008: 69July 2008: 58August 2008: 37September 2008: 21October 2008: 15November 2008: 14December 2008: 14January 2009: 10February 2009: 19March 2009: 15April 2009: 20
Homes sold in Blacksburg per month, 13 months through April 2009
PeriodHomes sold
April 200829
May 200859
June 200869
July 200858
August 200837
September 200821
October 200815
November 200814
December 200814
January 200910
February 200919
March 200915
April 200920

Sales by price

April 2009.

  • Under $250K 8 sold
  • $250K to $350K 8 sold
  • $350K to $500K 1 sold
  • $500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in April 2009.

Sales

Sales in April 2009.

Final sale prices, newest first. 8 more sales are counted in the figures above but not listed here, with no street address on record.

Homes sold in Blacksburg in April 2009
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
3280 Gordon DrListing courtesy of Berkshire Hathaway Homeservices Premier, REALTORS Brush Mountain Estates $277,000 4 bd / 3 ba 3,270 sq ft $85/sq ft
2115 Birch Leaf LnListing courtesy of Long & Foster - Blacksburg Wyatt Farm $580,000 4 bd / 3.5 ba 3,822 sq ft $152/sq ft
2055 Mt Tabor RdListing courtesy of Coldwell Banker Townside Bburg $275,000 2 bd / 1 ba 884 sq ft $311/sq ft
103 Broce DriveListing courtesy of Long & Foster - Blacksburg $149,000 2 bd / 1 ba 866 sq ft $172/sq ft
815 Cascade CourtListing courtesy of Coldwell Banker Townside Bburg University Place $125,500 3 bd / 2 ba 980 sq ft $128/sq ft
2658 Blossom Trail EastListing courtesy of Coldwell Banker Townside Bburg The Orchards $224,500 3 bd / 2.5 ba 1,700 sq ft $132/sq ft
3157 Happy Hollow RoadListing courtesy of RE/MAX 8 - Blacksburg $265,000 4 bd / 3 ba 1,772 sq ft $150/sq ft
300 Rucker RoadListing courtesy of Blacksburg Real Estate, Inc. Apperson $309,900 5 bd / 3 ba 2,525 sq ft $123/sq ft
252 Sheliah CourtListing courtesy of RE/MAX Valley-Blacksburg Knollwood $203,000 2 bd / 2.5 ba 2,112 sq ft $96/sq ft
1903 Lindale DrListing courtesy of RE/MAX 8 - Blacksburg Westover Hills $260,000 2 bd / 1.5 ba 1,756 sq ft $148/sq ft
2832 Wellesley CtListing courtesy of MKB, REALTORS, Blacksburg Haymarket Square $190,000 4 bd / 3 ba 1,692 sq ft $112/sq ft
211 South KnollwoodListing courtesy of NextHome New River Valley $180,000 3 bd / 2 ba 1,170 sq ft $154/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in April 2009 was $270,000, across 20 sales on record (land excluded). A year earlier, in April 2008, it was $267,000.

How many homes sold in Blacksburg in April 2009?

20 homes sold in Blacksburg in April 2009, compared with 15 in March 2009 and 29 in April 2008.

How fast did homes sell in Blacksburg in April 2009?

Homes that sold in April 2009 spent a median of 106 days on the market, and 20% sold at or above their original asking price.

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