Blacksburg market report

Blacksburg housing market, July 2010.

In July 2010, 42 homes sold in Blacksburg at a median price of $242,500. In July 2009, 55 homes sold at a median of $231,500. Homes that sold spent a median of 62 days on the market and sold for a median of 94% of their original asking price.

42

Homes sold

55 a year earlier

$243K

Median sale price

Up 5% from a year earlier

$122

Per square foot

Median, sold homes

62

Days on market

Median, sold homes

94%

Of asking price

Median sale to original list

17

New listings

Homes listed this month

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

July 2010

The month in charts.

Sales by type: 32 single-family houses, 6 condos and 4 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through July 2010Jul 09: $232K. Jul 10: $243K. Lowest $209K (Apr 10), highest $280K (Sep 09).Jul 09: $232KAug 09: $218KSep 09: $280KOct 09: $220KNov 09: $252KDec 09: $225KJan 10: $228KFeb 10: $238KMar 10: $225KApr 10: $209KMay 10: $230KJun 10: $246KJul 10: $243K
Median home sale price in Blacksburg by month, 13 months through July 2010
PeriodMedian sale price
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
Apr 10$209K
May 10$230K
Jun 10$246K
Jul 10$243K

Homes sold per month

July 2010 highlighted.

Homes sold in Blacksburg per month, 13 months through July 2010Jul 09: 55. Jul 10: 42. Lowest 7 (Jan 10), highest 55 (Jul 09).Jul 09: 55Aug 09: 39Sep 09: 11Oct 09: 21Nov 09: 31Dec 09: 15Jan 10: 7Feb 10: 11Mar 10: 25Apr 10: 40May 10: 32Jun 10: 52Jul 10: 42
Homes sold in Blacksburg per month, 13 months through July 2010
PeriodHomes sold
Jul 0955
Aug 0939
Sep 0911
Oct 0921
Nov 0931
Dec 0915
Jan 107
Feb 1011
Mar 1025
Apr 1040
May 1032
Jun 1052
Jul 1042

Sales by price

July 2010.

  • Under $250K 24 sold
  • $250K to $350K 9 sold
  • $350K to $500K 6 sold
  • $500K to $750K 2 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in July 2010.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in July 2010
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Court LaneListing courtesy of Bondurant Realty Corp. Wyatt Farm $350,000 4 bd / 3.5 ba 3,020 sq ft $116/sq ft
Heartwood XingListing courtesy of NextHome New River Valley Maple Ridge $257,000 3 bd / 2 ba 1,580 sq ft $163/sq ft
MainListing courtesy of Blacksburg Real Estate, Inc. Clay Court Condominiums $210,000 1 bd / 1 ba 980 sq ft $214/sq ft
Patrick Henry DrListing courtesy of Hokie Real Estate, Inc. $172,000 4 bd / 3 ba 1,520 sq ft $113/sq ft
Seneca Dr FListing courtesy of T & E Realty Group LLC Hunters Ridge $107,000 4 bd / 2 ba 890 sq ft $120/sq ft
Seneca DriveListing courtesy of RE/MAX Valley-Blacksburg Hunters Ridge $107,000 4 bd / 2 ba 890 sq ft $120/sq ft
Greenbrier CirListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $379,000 4 bd / 3 ba 2,720 sq ft $139/sq ft
Grissom LnListing courtesy of NextHome New River Valley $215,000 3 bd / 2 ba 1,793 sq ft $120/sq ft
Yellow Sulphur RdListing courtesy of Blacksburg Real Estate, Inc. $205,000 3 bd / 2 ba 1,512 sq ft $136/sq ft
Estates DriveListing courtesy of BlueRidge Real Estate $159,900 3 bd / 1.5 ba 1,125 sq ft $142/sq ft
University TerListing courtesy of NextHome New River Valley University Terrace $130,000 4 bd / 2 ba 1,071 sq ft $121/sq ft
Aden LnListing courtesy of NextHome New River Valley Echols Village $209,900 3 bd / 2.5 ba 1,452 sq ft $145/sq ft
Merrimac RoadListing courtesy of RE/MAX 8 Christiansburg $100,000 3 bd / 1 ba 780 sq ft $128/sq ft
Craig DrListing courtesy of RE/MAX 8 - Blacksburg Northside Park $292,000 4 bd / 4 ba 2,972 sq ft $98/sq ft
Long Shop RoadListing courtesy of NextHome New River Valley $240,000 3 bd / 2.5 ba 1,960 sq ft $122/sq ft
Bishop RdListing courtesy of NextHome New River Valley $274,000 4 bd / 3 ba 2,050 sq ft $134/sq ft
Bishop RdListing courtesy of NextHome New River Valley $206,000 3 bd / 2 ba 1,840 sq ft $112/sq ft
Oilwell RdListing courtesy of Wainwright & Co. $47,000 2 bd / 1 ba 640 sq ft $73/sq ft
Layman CtListing courtesy of RE/MAX 8 - Blacksburg $430,000 3 bd / 3.5 ba 3,704 sq ft $116/sq ft
Mill Wood LnListing courtesy of Whiting Real Estate Lusters Mill $550,000 4 bd / 4 ba 3,023 sq ft $182/sq ft
Birch LeafListing courtesy of Long & Foster - Blacksburg Wyatt Farm $540,000 5 bd / 3.5 ba 3,447 sq ft $157/sq ft
Honeysuckle DriveListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $374,900 3 bd / 2.5 ba 2,797 sq ft $134/sq ft
Hemlock DriveListing courtesy of Blacksburg Real Estate, Inc. Mountain View $249,900 4 bd / 2 ba 2,464 sq ft $101/sq ft
Donlee DrListing courtesy of Coldwell Banker Townside Bburg Piedmont $130,000 3 bd / 2 ba 1,400 sq ft $93/sq ft
Fincastle DriveListing courtesy of Vicki Powell, LTD $286,125 3 bd / 2 ba 2,499 sq ft $114/sq ft
Kentwood DrListing courtesy of NextHome New River Valley The Villas at Fiddlers Green $299,900 3 bd / 2.5 ba 2,021 sq ft $148/sq ft
Nellies Cave RdListing courtesy of Jeannie Chang Realty $248,000 3 bd / 3.5 ba 2,475 sq ft $100/sq ft
Broken Oak DrListing courtesy of Coldwell Banker Townside Bburg Woodbine $245,000 4 bd / 3 ba 2,878 sq ft $85/sq ft
Green StListing courtesy of RE/MAX 8 - Blacksburg $110,000 2 bd / 1 ba 680 sq ft $162/sq ft
Indian MeadowListing courtesy of Long & Foster - Blacksburg Indian Run $345,000 5 bd / 3 ba 3,926 sq ft $88/sq ft
Highland CirListing courtesy of RE/MAX 8 - Blacksburg Highland Park $237,995 4 bd / 2 ba 1,890 sq ft $126/sq ft
Coalwood WayListing courtesy of NextHome New River Valley Coal Bank Ridge $782,500 6 bd / 4.5 ba 6,600 sq ft $119/sq ft
Petra PassListing courtesy of NextHome New River Valley Mt. Tabor Meadows $426,865 4 bd / 2.5 ba 2,613 sq ft $163/sq ft
Rainbow Ridge DrListing courtesy of Coldwell Banker Townside Bburg $345,000 3 bd / 3.5 ba 2,450 sq ft $141/sq ft
Cedar OrchardListing courtesy of NextHome New River Valley Cedar Orchard $315,000 5 bd / 3 ba 2,480 sq ft $127/sq ft
BanisterListing courtesy of NRV Gateway Realty Inc $189,000 4 bd / 2 ba 2,184 sq ft $87/sq ft
Lora LnListing courtesy of Long & Foster - Blacksburg Tremont Estates $182,500 3 bd / 2.5 ba 1,440 sq ft $127/sq ft
Donlee DrListing courtesy of Old Virginia Real Estate Piedmont $124,500 3 bd / 2 ba 1,400 sq ft $89/sq ft
Carroll DriveListing courtesy of Coldwell Banker Townside Bburg Northside Park $220,000 4 bd / 2 ba 2,596 sq ft $85/sq ft
Draper Road SWListing courtesy of Coldwell Banker Townside Bburg $409,000 4 bd / 3.5 ba 1,860 sq ft $220/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in July 2010 was $242,500, across 42 sales on record (land excluded). A year earlier, in July 2009, it was $231,500.

How many homes sold in Blacksburg in July 2010?

42 homes sold in Blacksburg in July 2010, compared with 52 in June 2010 and 55 in July 2009.

How fast did homes sell in Blacksburg in July 2010?

Homes that sold in July 2010 spent a median of 62 days on the market, and 19% sold at or above their original asking price.

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