Blacksburg market report

Blacksburg housing market, March 2010.

In March 2010, 25 homes sold in Blacksburg at a median price of $225,000. In March 2009, 15 homes sold at a median of $212,500. Homes that sold spent a median of 65 days on the market and sold for a median of 97% of their original asking price.

25

Homes sold

15 a year earlier

$225K

Median sale price

Up 6% from a year earlier

$119

Per square foot

Median, sold homes

65

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

46

New listings

Homes listed this month

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

March 2010

The month in charts.

Sales by type: 19 single-family houses, 3 condos and 3 townhouses.

Median sale price by month

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

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

Homes sold per month

March 2010 highlighted.

Homes sold in Blacksburg per month, 13 months through March 2010Mar 09: 15. Mar 10: 25. Lowest 7 (Jan 10), highest 55 (Jul 09).Mar 09: 15Apr 09: 20May 09: 35Jun 09: 44Jul 09: 55Aug 09: 39Sep 09: 11Oct 09: 21Nov 09: 31Dec 09: 15Jan 10: 7Feb 10: 11Mar 10: 25
Homes sold in Blacksburg per month, 13 months through March 2010
PeriodHomes sold
Mar 0915
Apr 0920
May 0935
Jun 0944
Jul 0955
Aug 0939
Sep 0911
Oct 0921
Nov 0931
Dec 0915
Jan 107
Feb 1011
Mar 1025

Sales by price

March 2010.

  • Under $250K 15 sold
  • $250K to $350K 4 sold
  • $350K to $500K 5 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in March 2010.

Sales

Every sale in March 2010.

Final sale prices, newest first.

Homes sold in Blacksburg in March 2010
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Pine DrListing courtesy of Shirley Sellers, Inc. Northside Park $223,000 4 bd / 2.5 ba 1,952 sq ft $114/sq ft
PrimroseListing courtesy of Long & Foster - Blacksburg Northside Park $200,000 4 bd / 3 ba 2,103 sq ft $95/sq ft
Palmer DriveListing courtesy of RE/MAX 8 - Blacksburg $198,000 4 bd / 2.5 ba 2,291 sq ft $86/sq ft
Liberty LnListing courtesy of Long & Foster - Blacksburg Cascades Pointe $102,000 2 bd / 1 ba 756 sq ft $135/sq ft
Cedar Orchard DrListing courtesy of Coldwell Banker Townside Bburg Cedar Orchard $441,000 4 bd / 3.5 ba 2,962 sq ft $149/sq ft
Liberty LnListing courtesy of RE/MAX 8 - Blacksburg Cascades Pointe $125,000 3 bd / 2 ba 924 sq ft $135/sq ft
McDonald StreetListing courtesy of Coldwell Banker Townside Bburg $159,500 4 bd / 2 ba 2,080 sq ft $77/sq ft
Broken Oak DrListing courtesy of NextHome New River Valley Woodbine $286,000 4 bd / 2.5 ba 2,884 sq ft $99/sq ft
Brook CirListing courtesy of Coldwell Banker Townside Bburg Brookfield Village $280,000 3 bd / 2.5 ba 2,116 sq ft $132/sq ft
Wellesley CtListing courtesy of Long & Foster - Blacksburg Haymarket Square $199,500 3 bd / 3 ba 1,672 sq ft $119/sq ft
Karr LnListing courtesy of NRV Gateway Realty Inc Gladewood $309,000 5 bd / 3.5 ba 3,360 sq ft $92/sq ft
Hillman LaneListing courtesy of RE/MAX 8 - Blacksburg $105,000 3 bd / 2 ba 1,836 sq ft $57/sq ft
Shenandoah CirListing courtesy of Coldwell Banker Townside Bburg Shenandoah $151,500 3 bd / 2.5 ba 1,364 sq ft $111/sq ft
Brockton StreetListing courtesy of Long & Foster - Blacksburg Cedar Orchard $488,000 4 bd / 2.5 ba 2,707 sq ft $180/sq ft
Petra PassListing courtesy of NextHome New River Valley Mt. Tabor Meadows $416,225 4 bd / 2.5 ba 2,882 sq ft $144/sq ft
SheliahListing courtesy of Long & Foster - Blacksburg Knollwood $235,000 3 bd / 2.5 ba 1,632 sq ft $144/sq ft
Old Fort RoadListing courtesy of Coldwell Banker Townside Bburg Montgomery Farms $195,000 3 bd / 2 ba 1,521 sq ft $128/sq ft
Nellies CaveListing courtesy of Long & Foster - Blacksburg Piedmont $125,750 3 bd / 2 ba 1,400 sq ft $90/sq ft
Cedar Hill DriveListing courtesy of RE/MAX 8 - Blacksburg Cedar Hill $227,500 3 bd / 2.5 ba 2,032 sq ft $112/sq ft
Cedar Hill DrListing courtesy of CHP Realty LLC Cedar Hill $225,000 3 bd / 2.5 ba 1,416 sq ft $159/sq ft
Mt Tabor RdListing courtesy of Price Real Estate, Inc. $69,000 2 bd / 1 ba 900 sq ft $77/sq ft
Northside DriveListing courtesy of NextHome New River Valley Northside Park $396,000 5 bd / 3.5 ba 3,299 sq ft $120/sq ft
Mountain Breeze DriveListing courtesy of NextHome New River Valley Maple Ridge $290,000 4 bd / 3.5 ba 2,964 sq ft $98/sq ft
Coalwood WayListing courtesy of Coldwell Banker Townside Bburg Coal Bank Ridge $781,332 4 bd / 4.5 ba 5,940 sq ft $132/sq ft
Isabel CourtListing courtesy of RE/MAX 8 - Blacksburg Brush Mountain Estates $430,000 4 bd / 3.5 ba 3,440 sq ft $125/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in March 2010 was $225,000, across 25 sales on record (land excluded). A year earlier, in March 2009, it was $212,500.

How many homes sold in Blacksburg in March 2010?

25 homes sold in Blacksburg in March 2010, compared with 11 in February 2010 and 15 in March 2009.

How fast did homes sell in Blacksburg in March 2010?

Homes that sold in March 2010 spent a median of 65 days on the market, and 28% sold at or above their original asking price.

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