Blacksburg market report

Blacksburg housing market, September 2009.

In September 2009, 11 homes sold in Blacksburg at a median price of $280,000. In September 2008, 21 homes sold at a median of $242,000. Homes that sold spent a median of 48 days on the market and sold for a median of 96% of their original asking price.

11

Homes sold

21 a year earlier

$280K

Median sale price

Up 16% from a year earlier

$130

Per square foot

Median, sold homes

48

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

20

New listings

Homes listed this month

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

September 2009

The month in charts.

Sales by type: 8 single-family houses, 2 townhouses and 1 condo.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through September 2009Sep 08: $242K. Sep 09: $280K. Lowest $179K (Feb 09), highest $280K (Sep 09).Sep 08: $242KOct 08: $255KNov 08: $240KDec 08: $210KJan 09: $188KFeb 09: $179KMar 09: $213KApr 09: $270KMay 09: $240KJun 09: $226KJul 09: $232KAug 09: $218KSep 09: $280K
Median home sale price in Blacksburg by month, 13 months through September 2009
PeriodMedian sale price
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
Sep 09$280K

Homes sold per month

September 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through September 2009Sep 08: 21. Sep 09: 11. Lowest 10 (Jan 09), highest 55 (Jul 09).Sep 08: 21Oct 08: 15Nov 08: 14Dec 08: 14Jan 09: 10Feb 09: 19Mar 09: 15Apr 09: 20May 09: 35Jun 09: 44Jul 09: 55Aug 09: 39Sep 09: 11
Homes sold in Blacksburg per month, 13 months through September 2009
PeriodHomes sold
Sep 0821
Oct 0815
Nov 0814
Dec 0814
Jan 0910
Feb 0919
Mar 0915
Apr 0920
May 0935
Jun 0944
Jul 0955
Aug 0939
Sep 0911

Sales by price

September 2009.

  • Under $250K 5 sold
  • $250K to $350K 3 sold
  • $350K to $500K 1 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in September 2009.

Sales

Every sale in September 2009.

Final sale prices, newest first.

Homes sold in Blacksburg in September 2009
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Honeysuckle DriveListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $339,900 3 bd / 2.5 ba 2,165 sq ft $157/sq ft
WillardListing courtesy of NextHome New River Valley The Villas at Fiddlers Green $244,912 3 bd / 2.5 ba 1,584 sq ft $155/sq ft
Taylor Hollow RdListing courtesy of RE/MAX 8 - Blacksburg $215,000 3 bd / 2.5 ba 2,016 sq ft $107/sq ft
Chickadee CirListing courtesy of Long & Foster - Blacksburg Meadow Run $280,000 3 bd / 3 ba 2,000 sq ft $140/sq ft
Highland CirListing courtesy of NextHome New River Valley Highland Park $206,000 3 bd / 2.5 ba 1,806 sq ft $114/sq ft
Coalwood WayListing courtesy of Whiting Real Estate Coal Bank Ridge $569,000 4 bd / 3.5 ba 3,187 sq ft $179/sq ft
Vinyard AvenueListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $555,000 4 bd / 3.5 ba 3,788 sq ft $147/sq ft
Long Shop RdListing courtesy of RE/MAX 8 - Blacksburg $179,000 3 bd / 1.5 ba 1,617 sq ft $111/sq ft
Wakefield DriveListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $457,000 4 bd / 3.5 ba 3,850 sq ft $119/sq ft
Preston ForestListing courtesy of Coldwell Banker Townside Bburg Preston Forest $345,000 4 bd / 3.5 ba 2,653 sq ft $130/sq ft
Brightwood Manor DriveListing courtesy of Coldwell Banker Townside Bburg Brightwood Manor $102,750 2 bd / 1 ba 978 sq ft $105/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in September 2009 was $280,000, across 11 sales on record (land excluded). A year earlier, in September 2008, it was $242,000.

How many homes sold in Blacksburg in September 2009?

11 homes sold in Blacksburg in September 2009, compared with 39 in August 2009 and 21 in September 2008.

How fast did homes sell in Blacksburg in September 2009?

Homes that sold in September 2009 spent a median of 48 days on the market, and 18% sold at or above their original asking price.

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