Blacksburg market report

Blacksburg housing market, December 2009.

In December 2009, 15 homes sold in Blacksburg at a median price of $225,000. In December 2008, 14 homes sold at a median of $209,500. Homes that sold spent a median of 18 days on the market and sold for a median of 97% of their original asking price.

15

Homes sold

14 a year earlier

$225K

Median sale price

Up 7% from a year earlier

$137

Per square foot

Median, sold homes

18

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

9

New listings

Homes listed this month

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

December 2009

The month in charts.

Sales by type: 10 single-family houses and 5 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through December 2009Dec 08: $210K. Dec 09: $225K. Lowest $179K (Feb 09), highest $280K (Sep 09).Dec 08: $210KJan 09: $188KFeb 09: $179KMar 09: $213KApr 09: $270KMay 09: $240KJun 09: $226KJul 09: $232KAug 09: $218KSep 09: $280KOct 09: $220KNov 09: $252KDec 09: $225K
Median home sale price in Blacksburg by month, 13 months through December 2009
PeriodMedian sale price
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
Nov 09$252K
Dec 09$225K

Homes sold per month

December 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through December 2009Dec 08: 14. Dec 09: 15. Lowest 10 (Jan 09), highest 55 (Jul 09).Dec 08: 14Jan 09: 10Feb 09: 19Mar 09: 15Apr 09: 20May 09: 35Jun 09: 44Jul 09: 55Aug 09: 39Sep 09: 11Oct 09: 21Nov 09: 31Dec 09: 15
Homes sold in Blacksburg per month, 13 months through December 2009
PeriodHomes sold
Dec 0814
Jan 0910
Feb 0919
Mar 0915
Apr 0920
May 0935
Jun 0944
Jul 0955
Aug 0939
Sep 0911
Oct 0921
Nov 0931
Dec 0915

Sales by price

December 2009.

  • Under $250K 9 sold
  • $250K to $350K 4 sold
  • $350K to $500K 1 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in December 2009.

Sales

Every sale in December 2009.

Final sale prices, newest first.

Homes sold in Blacksburg in December 2009
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Pheasant Run DrListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $181,000 4 bd / 2.5 ba 1,480 sq ft $122/sq ft
Janie LaneListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $178,000 4 bd / 2.5 ba 1,480 sq ft $120/sq ft
Mountainside DrListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $335,000 3 bd / 2.5 ba 2,539 sq ft $132/sq ft
Caldwell DriveListing courtesy of Coldwell Banker Townside Bburg Vista Pointe $291,000 3 bd / 2.5 ba 2,213 sq ft $131/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
Oriole DriveListing courtesy of NextHome New River Valley The Glen $295,000 4 bd / 3.5 ba 3,008 sq ft $98/sq ft
Cedar Hill DriveListing courtesy of CHP Realty LLC Cedar Hill $225,000 3 bd / 2.5 ba 1,416 sq ft $159/sq ft
Landsdowne StListing courtesy of RE/MAX 8 - Blacksburg $180,000 3 bd / 2 ba 1,299 sq ft $139/sq ft
Walters CtListing courtesy of Coldwell Banker Townside Bburg Countryside Estates $360,000 3 bd / 2.5 ba 2,626 sq ft $137/sq ft
Grove AveListing courtesy of Coldwell Banker Townside Bburg $199,000 3 bd / 2 ba 2,080 sq ft $96/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
Prospect StListing courtesy of CHP Realty LLC $206,500 3 bd / 2.5 ba 1,392 sq ft $148/sq ft
KentwoodListing courtesy of Long & Foster - Blacksburg The Villas at Fiddlers Green $309,000 3 bd / 2.5 ba 2,021 sq ft $153/sq ft
Janie LnListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $178,500 4 bd / 2.5 ba 1,480 sq ft $121/sq ft
Birch Leaf LaneListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $595,000 4 bd / 3.5 ba 3,657 sq ft $163/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in December 2009 was $225,000, across 15 sales on record (land excluded). A year earlier, in December 2008, it was $209,500.

How many homes sold in Blacksburg in December 2009?

15 homes sold in Blacksburg in December 2009, compared with 31 in November 2009 and 14 in December 2008.

How fast did homes sell in Blacksburg in December 2009?

Homes that sold in December 2009 spent a median of 18 days on the market, and 27% sold at or above their original asking price.

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