Blacksburg market report

Blacksburg housing market, July 2009.

In July 2009, 55 homes sold in Blacksburg at a median price of $231,500. In July 2008, 58 homes sold at a median of $206,250. Homes that sold spent a median of 48 days on the market and sold for a median of 96% of their original asking price.

Homes sold

58 a year earlier

$232K

Median sale price

Up 12% from a year earlier

$123

Per square foot

Median, sold homes

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

New listings

Homes listed this month

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

July 2009

The month in charts.

Sales by type: 42 single-family houses, 7 townhouses and 6 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through July 2009
Period	Median sale price
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
Apr 09	$270K
May 09	$240K
Jun 09	$226K
Jul 09	$232K

Homes sold per month

July 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through July 2009
Period	Homes sold
Jul 08	58
Aug 08	37
Sep 08	21
Oct 08	15
Nov 08	14
Dec 08	14
Jan 09	10
Feb 09	19
Mar 09	15
Apr 09	20
May 09	35
Jun 09	44
Jul 09	55

Sales by price

July 2009.

Under $250K 35 sold
$250K to $350K 11 sold
$350K to $500K 7 sold
$500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in July 2009.

Stroubles Mill 3 soldMedian $395K
Mt. Tabor Village 3 soldMedian $235K
Karr Heights 3 soldMedian $230K
Echols Village 3 soldMedian $225K
Northside Park 2 sold
The Village at Tom's Creek 2 sold
Brush Mountain West 2 sold
Brush Mountain Estates 2 sold
Ramble Ridge 2 sold
Deercroft 1 sold

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in July 2009
Address	Neighborhood	Sold	Price	Beds / baths	Sq ft	Per sq ft
AdenListing courtesy of NextHome New River Valley	Echols Village	Jul 31, 2009	$226,540	3 bd / 2.5 ba	1,452 sq ft	$156/sq ft
Whipple DriveListing courtesy of NextHome New River Valley	Echols Village	Jul 31, 2009	$215,000	3 bd / 2.5 ba	1,771 sq ft	$121/sq ft
Pheasant RunListing courtesy of Coldwell Banker Townside Bburg	Pheasant Run	Jul 31, 2009	$182,000	4 bd / 2.5 ba	1,490 sq ft	$122/sq ft
Liberty LaneListing courtesy of RE/MAX 8 - Blacksburg	Cascades Pointe	Jul 31, 2009	$121,000	2 bd / 1 ba	756 sq ft	$160/sq ft
CraigListing courtesy of Coldwell Banker Townside Bburg	Northside Park	Jul 30, 2009	$330,000	4 bd / 4 ba	3,720 sq ft	$89/sq ft
BelaireListing courtesy of Coldwell Banker Townside Bburg	Brush Mountain Estates	Jul 30, 2009	$307,500	4 bd / 2.5 ba	2,299 sq ft	$134/sq ft
CapistranoListing courtesy of Coldwell Banker Townside Bburg	Mission Hills	Jul 30, 2009	$231,000	3 bd / 2.5 ba	2,112 sq ft	$109/sq ft
AlgonquinListing courtesy of Coldwell Banker Townside Bburg	Shenandoah	Jul 29, 2009	$262,500	3 bd / 3 ba	2,040 sq ft	$129/sq ft
Horseshoe LnListing courtesy of RE/MAX 8 - Blacksburg	Mt. Tabor Village	Jul 29, 2009	$238,000	4 bd / 2 ba	2,392 sq ft	$99/sq ft
KarrListing courtesy of Long & Foster - Blacksburg	Gladewood	Jul 28, 2009	$285,000	4 bd / 2.5 ba	2,335 sq ft	$122/sq ft
S MainListing courtesy of Coldwell Banker Townside Bburg		Jul 28, 2009	$250,000	2 bd / 2 ba	1,025 sq ft	$244/sq ft
Robin RdListing courtesy of Long & Foster - Blacksburg	Karr Heights	Jul 28, 2009	$204,000	3 bd / 2 ba	1,655 sq ft	$123/sq ft
Givens LnListing courtesy of Long & Foster - Blacksburg		Jul 28, 2009	$194,000	4 bd / 2 ba	2,200 sq ft	$88/sq ft
Harding RdListing courtesy of Coldwell Banker Townside Bburg		Jul 27, 2009	$185,000	4 bd / 2 ba	2,324 sq ft	$80/sq ft
AirportListing courtesy of Coldwell Banker Townside Bburg		Jul 24, 2009	$550,500	5 bd / 4 ba	4,832 sq ft	$114/sq ft
AlbemarleListing courtesy of Coldwell Banker Townside Bburg	Stroubles Mill	Jul 24, 2009	$395,000	4 bd / 2.5 ba	2,932 sq ft	$135/sq ft
HeritageListing courtesy of Coldwell Banker Townside Bburg	Stroubles Mill	Jul 24, 2009	$284,000	3 bd / 2.5 ba	2,077 sq ft	$137/sq ft
HoneysuckleListing courtesy of Home Discovery, REALTORS	The Village at Tom's Creek	Jul 24, 2009	$235,500	3 bd / 2.5 ba	1,751 sq ft	$134/sq ft
Hutcheson DriveListing courtesy of Long & Foster - Blacksburg	McBryde Village	Jul 24, 2009	$220,000	3 bd / 2.5 ba	2,881 sq ft	$76/sq ft
Brush Mountain RoadListing courtesy of Jeannie Chang Realty	Brush Mountain West	Jul 24, 2009	$171,000	4 bd / 2 ba	1,600 sq ft	$107/sq ft
Ridge RdListing courtesy of Coldwell Banker Townside Bburg	Ramble Ridge	Jul 24, 2009	$164,000	3 bd / 2.5 ba	1,300 sq ft	$126/sq ft
Horseshoe LnListing courtesy of Long & Foster - Blacksburg	Mt. Tabor Village	Jul 23, 2009	$235,000	3 bd / 2 ba	1,609 sq ft	$146/sq ft
University TerListing courtesy of Home Town Realty	University Terrace	Jul 23, 2009	$128,900	4 bd / 2 ba	935 sq ft	$138/sq ft
Mt Zion RoadListing courtesy of RE/MAX 8 - Blacksburg		Jul 23, 2009	$114,500	2 bd / 1 ba	1,270 sq ft	$90/sq ft
Wilson AveListing courtesy of Long & Foster-Christiansburg		Jul 22, 2009	$231,500	3 bd / 2 ba	1,728 sq ft	$134/sq ft
NewportListing courtesy of RE/MAX 8 - Blacksburg	University Place	Jul 22, 2009	$125,000	3 bd / 2 ba	970 sq ft	$129/sq ft
Village Way SouthListing courtesy of NextHome New River Valley	The Village at Tom's Creek	Jul 21, 2009	$372,000	4 bd / 3 ba	2,568 sq ft	$145/sq ft
Quail DrListing courtesy of Coldwell Banker Townside Bburg	Karr Heights	Jul 21, 2009	$277,000	4 bd / 3 ba	2,800 sq ft	$99/sq ft
ArringtonListing courtesy of NextHome New River Valley	Blacksburg Country Club	Jul 21, 2009	$245,000	3 bd / 2 ba	1,850 sq ft	$132/sq ft
Azalea DrListing courtesy of Whiting Real Estate	Laurel Ridge	Jul 20, 2009	$338,000	3 bd / 2.5 ba	2,528 sq ft	$134/sq ft
Ridge RoadListing courtesy of Home Discovery, REALTORS	Ramble Ridge	Jul 20, 2009	$168,000	3 bd / 2.5 ba	1,300 sq ft	$129/sq ft
Sunshine FarmListing courtesy of Coldwell Banker Townside Bburg		Jul 17, 2009	$390,000	4 bd / 3.5 ba	3,168 sq ft	$123/sq ft
Woodbine DrListing courtesy of Long & Foster - Blacksburg	Woodbine	Jul 17, 2009	$235,000	4 bd / 2.5 ba	1,836 sq ft	$128/sq ft
Brightwood ManorListing courtesy of Coldwell Banker Townside Bburg	Brightwood Manor	Jul 17, 2009	$100,000	2 bd / 1 ba	978 sq ft	$102/sq ft
Progress StreetListing courtesy of RE/MAX 8 - Blacksburg	Park Place	Jul 16, 2009	$93,000	2 bd / 1 ba	760 sq ft	$122/sq ft
QuailwoodListing courtesy of NextHome New River Valley	Deercroft	Jul 15, 2009	$530,000	5 bd / 3.5 ba	4,100 sq ft	$129/sq ft
Quail DriveListing courtesy of RE/MAX 8 - Blacksburg	Karr Heights	Jul 15, 2009	$230,000	3 bd / 2.5 ba	1,977 sq ft	$116/sq ft
AdenListing courtesy of NextHome New River Valley	Echols Village	Jul 15, 2009	$225,000	3 bd / 2.5 ba	1,452 sq ft	$155/sq ft
Crestview DriveListing courtesy of Coldwell Banker Townside Bburg	Highland Park	Jul 15, 2009	$215,000	3 bd / 1 ba	2,008 sq ft	$107/sq ft
Happy Hollow RoadListing courtesy of NextHome New River Valley	Meadow Run	Jul 14, 2009	$380,000	4 bd / 3.5 ba	2,483 sq ft	$153/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in July 2009 was $231,500, across 55 sales on record (land excluded). A year earlier, in July 2008, it was $206,250.

How many homes sold in Blacksburg in July 2009?

55 homes sold in Blacksburg in July 2009, compared with 44 in June 2009 and 58 in July 2008.

How fast did homes sell in Blacksburg in July 2009?

Homes that sold in July 2009 spent a median of 48 days on the market, and 20% sold at or above their original asking price.

Alerts

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