Blacksburg market report

Blacksburg housing market, October 2009.

In October 2009, 21 homes sold in Blacksburg at a median price of $219,900. In October 2008, 15 homes sold at a median of $255,000. Homes that sold spent a median of 42 days on the market and sold for a median of 98% of their original asking price.

21

Homes sold

15 a year earlier

$220K

Median sale price

Down 14% from a year earlier

$125

Per square foot

Median, sold homes

42

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

33

New listings

Homes listed this month

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

October 2009

The month in charts.

Sales by type: 14 single-family houses, 5 townhouses and 2 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through October 2009Oct 08: $255K. Oct 09: $220K. Lowest $179K (Feb 09), highest $280K (Sep 09).Oct 08: $255KNov 08: $240KDec 08: $210KJan 09: $188KFeb 09: $179KMar 09: $213KApr 09: $270KMay 09: $240KJun 09: $226KJul 09: $232KAug 09: $218KSep 09: $280KOct 09: $220K
Median home sale price in Blacksburg by month, 13 months through October 2009
PeriodMedian sale price
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
Oct 09$220K

Homes sold per month

October 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through October 2009Oct 08: 15. Oct 09: 21. Lowest 10 (Jan 09), highest 55 (Jul 09).Oct 08: 15Nov 08: 14Dec 08: 14Jan 09: 10Feb 09: 19Mar 09: 15Apr 09: 20May 09: 35Jun 09: 44Jul 09: 55Aug 09: 39Sep 09: 11Oct 09: 21
Homes sold in Blacksburg per month, 13 months through October 2009
PeriodHomes sold
Oct 0815
Nov 0814
Dec 0814
Jan 0910
Feb 0919
Mar 0915
Apr 0920
May 0935
Jun 0944
Jul 0955
Aug 0939
Sep 0911
Oct 0921

Sales by price

October 2009.

  • Under $250K 15 sold
  • $250K to $350K 5 sold
  • $350K to $500K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in October 2009.

Sales

Every sale in October 2009.

Final sale prices, newest first.

Homes sold in Blacksburg in October 2009
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Woodbine DrListing courtesy of Prudential Radford B Woodbine $237,000 3 bd / 2.5 ba 1,817 sq ft $130/sq ft
Elizabeth DrListing courtesy of Coldwell Banker Townside Bburg Longview Estates $232,000 4 bd / 2.5 ba 2,081 sq ft $111/sq ft
HuntingtonListing courtesy of Prudential Radford B Oak Manor $183,500 3 bd / 2.5 ba 1,838 sq ft $100/sq ft
SenecaListing courtesy of RE/MAX Valley-Blacksburg Hunters Ridge $122,500 4 bd / 2 ba 890 sq ft $138/sq ft
ElliottListing courtesy of NextHome New River Valley Apperson $306,000 5 bd / 3 ba 3,403 sq ft $90/sq ft
Gladewood DrListing courtesy of RE/MAX 8 - Blacksburg Gladewood $153,500 2 bd / 1.5 ba 1,000 sq ft $154/sq ft
Lucas DrListing courtesy of Coldwell Banker Townside Bburg Springdale Addition $133,500 2 bd / 1 ba 832 sq ft $160/sq ft
Mt VernonListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $312,500 4 bd / 3 ba 2,868 sq ft $109/sq ft
Misty HillsListing courtesy of Coldwell Banker Townside Bburg $75,000 6 bd / 2 ba 2,107 sq ft $36/sq ft
Clay CircleListing courtesy of Bondurant Realty Corp. $170,000 2 bd / 2.5 ba 1,567 sq ft $108/sq ft
Christine CourtListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run Crossing $177,000 4 bd / 2.5 ba 1,512 sq ft $117/sq ft
Cedar Hill DrListing courtesy of CHP Realty LLC Cedar Hill $225,000 3 bd / 2.5 ba 1,392 sq ft $162/sq ft
Cedar Hill DrListing courtesy of CHP Realty LLC Cedar Hill $225,000 3 bd / 2.5 ba 1,392 sq ft $162/sq ft
Preston Forest DrListing courtesy of Long & Foster - Blacksburg Preston Forest $399,900 5 bd / 3.5 ba 3,272 sq ft $122/sq ft
GardenspringListing courtesy of NextHome New River Valley Crestwood Gardens $219,900 3 bd / 2.5 ba 1,453 sq ft $151/sq ft
Broken Oak DrListing courtesy of Long & Foster - Blacksburg Woodbine $177,000 3 bd / 2 ba 1,564 sq ft $113/sq ft
Prices ForkListing courtesy of Coldwell Banker Townside Bburg $137,400 1 bd / 1 ba 312 sq ft $440/sq ft
Poplar RidgeListing courtesy of Prudential Radford B The Village at Tom's Creek $315,000 4 bd / 3 ba 2,520 sq ft $125/sq ft
Edgewood LnListing courtesy of RE/MAX 8 - Blacksburg Miller Southside $263,000 4 bd / 3 ba 2,539 sq ft $104/sq ft
RoanokeListing courtesy of Coldwell Banker Townside Bburg Vista Pointe $319,000 3 bd / 2.5 ba 2,213 sq ft $144/sq ft
Wellesley CtListing courtesy of Shirley Sellers, Inc. Haymarket Square $210,000 3 bd / 2.5 ba 1,650 sq ft $127/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in October 2009 was $219,900, across 21 sales on record (land excluded). A year earlier, in October 2008, it was $255,000.

How many homes sold in Blacksburg in October 2009?

21 homes sold in Blacksburg in October 2009, compared with 11 in September 2009 and 15 in October 2008.

How fast did homes sell in Blacksburg in October 2009?

Homes that sold in October 2009 spent a median of 42 days on the market, and 48% sold at or above their original asking price.

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