Blacksburg market report

Blacksburg housing market, February 2010.

In February 2010, 11 homes sold in Blacksburg at a median price of $238,259. In February 2009, 19 homes sold at a median of $179,000. Homes that sold spent a median of 75 days on the market and sold for a median of 94% of their original asking price.

11

Homes sold

19 a year earlier

$238K

Median sale price

Up 33% from a year earlier

$125

Per square foot

Median, sold homes

75

Days on market

Median, sold homes

94%

Of asking price

Median sale to original list

30

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in February 2010. Land excluded.

February 2010

The month in charts.

Sales by type: 7 single-family houses, 3 townhouses and 1 condo.

Median sale price by month

The 13 months through February 2010. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through February 2010Feb 09: $179K. Feb 10: $238K. Lowest $179K (Feb 09), highest $280K (Sep 09).Feb 09: $179KMar 09: $213KApr 09: $270KMay 09: $240KJun 09: $226KJul 09: $232KAug 09: $218KSep 09: $280KOct 09: $220KNov 09: $252KDec 09: $225KJan 10: $228KFeb 10: $238K
Median home sale price in Blacksburg by month, 13 months through February 2010
PeriodMedian sale price
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
Jan 10$228K
Feb 10$238K

Homes sold per month

February 2010 highlighted.

Homes sold in Blacksburg per month, 13 months through February 2010Feb 09: 19. Feb 10: 11. Lowest 7 (Jan 10), highest 55 (Jul 09).Feb 09: 19Mar 09: 15Apr 09: 20May 09: 35Jun 09: 44Jul 09: 55Aug 09: 39Sep 09: 11Oct 09: 21Nov 09: 31Dec 09: 15Jan 10: 7Feb 10: 11
Homes sold in Blacksburg per month, 13 months through February 2010
PeriodHomes sold
Feb 0919
Mar 0915
Apr 0920
May 0935
Jun 0944
Jul 0955
Aug 0939
Sep 0911
Oct 0921
Nov 0931
Dec 0915
Jan 107
Feb 1011

Sales by price

February 2010.

  • Under $250K 7 sold
  • $250K to $350K 1 sold
  • $350K to $500K 2 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in February 2010.

Sales

Every sale in February 2010.

Final sale prices, newest first.

Homes sold in Blacksburg in February 2010
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Petra PassListing courtesy of NextHome New River Valley Mt. Tabor Meadows $447,000 4 bd / 3.5 ba 2,246 sq ft $199/sq ft
Jennifer DriveListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run Crossing $183,000 4 bd / 2.5 ba 1,512 sq ft $121/sq ft
BenoitListing courtesy of Long & Foster - Blacksburg Preston Forest $465,000 4 bd / 3.5 ba 3,659 sq ft $127/sq ft
Christine CtListing courtesy of NextHome New River Valley Pheasant Run Crossing $177,500 4 bd / 2.5 ba 1,512 sq ft $117/sq ft
Hardwick StreetListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $596,000 5 bd / 3.5 ba 4,772 sq ft $125/sq ft
Gordon DrListing courtesy of Whiting Real Estate Brush Mountain Estates $285,000 4 bd / 2.5 ba 2,288 sq ft $125/sq ft
Liberty LaneListing courtesy of RE/MAX 8 - Blacksburg Cascades Pointe $107,000 1 bd / 1 ba 616 sq ft $174/sq ft
Elizabeth DrListing courtesy of RE/MAX 8 - Blacksburg Longview Estates $238,259 4 bd / 2.5 ba 2,184 sq ft $109/sq ft
CherokeeListing courtesy of NextHome New River Valley Shenandoah $246,900 3 bd / 2.5 ba 1,620 sq ft $152/sq ft
Shelor LnListing courtesy of RE/MAX 8 - Blacksburg $178,000 3 bd / 2 ba 1,470 sq ft $121/sq ft
Janie LaneListing courtesy of NextHome New River Valley Pheasant Run $184,000 4 bd / 2.5 ba 1,480 sq ft $124/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in February 2010?

The median sale price for homes in Blacksburg in February 2010 was $238,259, across 11 sales on record (land excluded). A year earlier, in February 2009, it was $179,000.

How many homes sold in Blacksburg in February 2010?

11 homes sold in Blacksburg in February 2010, compared with 7 in January 2010 and 19 in February 2009.

How fast did homes sell in Blacksburg in February 2010?

Homes that sold in February 2010 spent a median of 75 days on the market, and 9% sold at or above their original asking price.

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