Blacksburg market report

Blacksburg housing market, August 2009.

In August 2009, 39 homes sold in Blacksburg at a median price of $218,000. In August 2008, 37 homes sold at a median of $220,000. Homes that sold spent a median of 74 days on the market and sold for a median of 96% of their original asking price.

39

Homes sold

37 a year earlier

$218K

Median sale price

Down 1% from a year earlier

$122

Per square foot

Median, sold homes

74

Days on market

Median, sold homes

96%

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 August 2009. Land excluded.

August 2009

The month in charts.

Sales by type: 22 single-family houses, 11 townhouses and 6 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through August 2009Aug 08: $220K. Aug 09: $218K. Lowest $179K (Feb 09), highest $270K (Apr 09).Aug 08: $220KSep 08: $242KOct 08: $255KNov 08: $240KDec 08: $210KJan 09: $188KFeb 09: $179KMar 09: $213KApr 09: $270KMay 09: $240KJun 09: $226KJul 09: $232KAug 09: $218K
Median home sale price in Blacksburg by month, 13 months through August 2009
PeriodMedian sale price
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
Aug 09$218K

Homes sold per month

August 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2009Aug 08: 37. Aug 09: 39. Lowest 10 (Jan 09), highest 55 (Jul 09).Aug 08: 37Sep 08: 21Oct 08: 15Nov 08: 14Dec 08: 14Jan 09: 10Feb 09: 19Mar 09: 15Apr 09: 20May 09: 35Jun 09: 44Jul 09: 55Aug 09: 39
Homes sold in Blacksburg per month, 13 months through August 2009
PeriodHomes sold
Aug 0837
Sep 0821
Oct 0815
Nov 0814
Dec 0814
Jan 0910
Feb 0919
Mar 0915
Apr 0920
May 0935
Jun 0944
Jul 0955
Aug 0939

Sales by price

August 2009.

  • Under $250K 29 sold
  • $250K to $350K 4 sold
  • $350K to $500K 2 sold
  • $500K to $750K 3 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2009.

Sales

Every sale in August 2009.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2009
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
RoanokeListing courtesy of NextHome New River Valley Vista Pointe $244,900 3 bd / 2.5 ba 2,213 sq ft $111/sq ft
Upland RdListing courtesy of NextHome New River Valley $202,000 3 bd / 2.5 ba 1,225 sq ft $165/sq ft
Eastview TerListing courtesy of Long & Foster - Blacksburg $190,000 4 bd / 2.5 ba 2,213 sq ft $86/sq ft
Laurence LnListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run Crossing $182,000 4 bd / 2.5 ba 1,512 sq ft $120/sq ft
Madison LnListing courtesy of RE/MAX 8 - Blacksburg Preston Forest $435,000 4 bd / 2.5 ba 3,888 sq ft $112/sq ft
Broken OakListing courtesy of NextHome New River Valley Woodbine $248,000 4 bd / 3 ba 3,018 sq ft $82/sq ft
CourtneyListing courtesy of NextHome New River Valley Echols Village $226,599 3 bd / 2.5 ba 1,452 sq ft $156/sq ft
Deercroft DriveListing courtesy of RE/MAX 8 - Blacksburg Deercroft $900,000 3 bd / 3.5 ba 4,964 sq ft $181/sq ft
StradfordListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $453,800 4 bd / 3.5 ba 3,033 sq ft $150/sq ft
Primrose DrListing courtesy of Coldwell Banker Townside Bburg Northside Park $222,000 4 bd / 2.5 ba 2,080 sq ft $107/sq ft
Sunridge DriveListing courtesy of RE/MAX 8 - Blacksburg Sundance Ridge $106,000 2 bd / 1 ba 732 sq ft $145/sq ft
Chateau CourtListing courtesy of Coldwell Banker Townside Bburg Vistas $289,500 3 bd / 3.5 ba 2,980 sq ft $97/sq ft
Sandy CircleListing courtesy of RE/MAX 8 - Blacksburg Montgomery Farms $242,500 3 bd / 2.5 ba 2,004 sq ft $121/sq ft
Deer RunListing courtesy of Coldwell Banker Townside Bburg Mossy Springs $515,000 4 bd / 4 ba 3,578 sq ft $144/sq ft
Myers PlaceListing courtesy of RE/MAX 8 - Blacksburg Apperson $305,000 5 bd / 3 ba 3,462 sq ft $88/sq ft
Lucas DrListing courtesy of Long & Foster - Blacksburg Dundas Heights $255,000 4 bd / 2 ba 2,626 sq ft $97/sq ft
LoraListing courtesy of Giesen-Caldwell Agency, Inc. Tremont Estates $187,625 3 bd / 2.5 ba 1,440 sq ft $130/sq ft
PorterListing courtesy of McNeil Real Estate $175,500 3 bd / 2 ba 1,025 sq ft $171/sq ft
Cedar Hill DrListing courtesy of CHP Realty LLC Cedar Hill $218,000 3 bd / 2.5 ba 1,416 sq ft $154/sq ft
Wellesley CourtListing courtesy of BlueRidge Real Estate Hethwood $197,000 3 bd / 3 ba 2,002 sq ft $98/sq ft
New KentListing courtesy of Coldwell Banker Townside Bburg $167,000 2 bd / 2.5 ba 1,356 sq ft $123/sq ft
Kabrich StListing courtesy of Long & Foster - Blacksburg $173,499 3 bd / 1 ba 1,417 sq ft $122/sq ft
Shenandoah CirListing courtesy of Long & Foster - Blacksburg Shenandoah $151,000 3 bd / 2.5 ba 1,364 sq ft $111/sq ft
DonleeListing courtesy of Coldwell Banker Townside Bburg Piedmont $138,000 3 bd / 2 ba 1,400 sq ft $99/sq ft
Brook CircleListing courtesy of Coldwell Banker Townside Bburg Brookfield Village $295,000 4 bd / 2.5 ba 2,010 sq ft $147/sq ft
CourtneyListing courtesy of NextHome New River Valley Echols Village $244,900 3 bd / 3.5 ba 2,372 sq ft $103/sq ft
BrocktonListing courtesy of Long & Foster - Blacksburg Cedar Orchard $537,750 4 bd / 2.5 ba 2,975 sq ft $181/sq ft
Lora LnListing courtesy of McCraw Real Estate $179,900 3 bd / 2.5 ba 1,440 sq ft $125/sq ft
University TerraceListing courtesy of RE/MAX 8 - Blacksburg University Terrace $134,000 4 bd / 2 ba 935 sq ft $143/sq ft
Carroll DrListing courtesy of NextHome New River Valley Northside Park $220,000 3 bd / 3 ba 2,080 sq ft $106/sq ft
McBryde DrListing courtesy of Long & Foster - Blacksburg McBryde Village $220,000 5 bd / 2.5 ba 2,181 sq ft $101/sq ft
Southampton CtListing courtesy of Prudential Radford B Oak Manor $176,000 3 bd / 1.5 ba 1,942 sq ft $91/sq ft
New KentListing courtesy of Coldwell Banker Townside Bburg Cascades $107,000 2 bd / 1 ba 740 sq ft $145/sq ft
Birch LeafListing courtesy of Long & Foster - Blacksburg Wyatt Farm $565,000 4 bd / 3.5 ba 3,620 sq ft $156/sq ft
Progress StListing courtesy of RE/MAX 8 - Blacksburg $244,900 3 bd / 2 ba 1,778 sq ft $138/sq ft
Southampton CourtListing courtesy of Long & Foster - Blacksburg Oak Manor $199,000 4 bd / 3 ba 1,694 sq ft $117/sq ft
EmeraldListing courtesy of RE/MAX Valley-Blacksburg $165,000 3 bd / 2.5 ba 1,300 sq ft $127/sq ft
ProgressListing courtesy of Coldwell Banker Townside Bburg Park Place $95,000 2 bd / 1 ba 760 sq ft $125/sq ft
MontgomeryListing courtesy of RE/MAX 8 - Blacksburg Park Place $92,000 2 bd / 1 ba 760 sq ft $121/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2009 was $218,000, across 39 sales on record (land excluded). A year earlier, in August 2008, it was $220,000.

How many homes sold in Blacksburg in August 2009?

39 homes sold in Blacksburg in August 2009, compared with 55 in July 2009 and 37 in August 2008.

How fast did homes sell in Blacksburg in August 2009?

Homes that sold in August 2009 spent a median of 74 days on the market, and 13% sold at or above their original asking price.

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