Blacksburg market report

Blacksburg housing market, August 2010.

In August 2010, 23 homes sold in Blacksburg at a median price of $246,000. In August 2009, 39 homes sold at a median of $218,000. Homes that sold spent a median of 72 days on the market and sold for a median of 95% of their original asking price.

23

Homes sold

39 a year earlier

$246K

Median sale price

Up 13% from a year earlier

$129

Per square foot

Median, sold homes

72

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

28

New listings

Homes listed this month

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

August 2010

The month in charts.

Sales by type: 17 single-family houses, 3 townhouses and 3 condos.

Median sale price by month

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

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

Homes sold per month

August 2010 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2010Aug 09: 39. Aug 10: 23. Lowest 7 (Jan 10), highest 52 (Jun 10).Aug 09: 39Sep 09: 11Oct 09: 21Nov 09: 31Dec 09: 15Jan 10: 7Feb 10: 11Mar 10: 25Apr 10: 40May 10: 32Jun 10: 52Jul 10: 42Aug 10: 23
Homes sold in Blacksburg per month, 13 months through August 2010
PeriodHomes sold
Aug 0939
Sep 0911
Oct 0921
Nov 0931
Dec 0915
Jan 107
Feb 1011
Mar 1025
Apr 1040
May 1032
Jun 1052
Jul 1042
Aug 1023

Sales by price

August 2010.

  • Under $250K 12 sold
  • $250K to $350K 7 sold
  • $350K to $500K 4 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2010.

Sales

Every sale in August 2010.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2010
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Shilo WayListing courtesy of Long & Foster - Blacksburg $438,000 4 bd / 3.5 ba 3,928 sq ft $112/sq ft
Christine CtListing courtesy of NextHome New River Valley Pheasant Run Crossing $180,000 4 bd / 2.5 ba 1,512 sq ft $119/sq ft
Gardenspring DriveListing courtesy of Gallery, Inc. $172,000 3 bd / 1 ba 1,150 sq ft $150/sq ft
Blossom TrailListing courtesy of Coldwell Banker Townside Bburg The Orchards $217,500 2 bd / 2.5 ba 1,488 sq ft $146/sq ft
Draper RdListing courtesy of Coldwell Banker Townside Bburg Miller Southside $485,000 4 bd / 3 ba 2,825 sq ft $172/sq ft
PalmerListing courtesy of Coldwell Banker Townside Bburg $337,000 4 bd / 2.5 ba 2,880 sq ft $117/sq ft
St Andrews CirListing courtesy of NextHome New River Valley Blacksburg Country Club $265,000 3 bd / 2 ba 3,213 sq ft $82/sq ft
Henry LaneListing courtesy of Long & Foster - Blacksburg Patrick Henry $125,000 2 bd / 2 ba 900 sq ft $139/sq ft
Honeysuckle DrListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $334,900 3 bd / 2.5 ba 2,016 sq ft $166/sq ft
Northside DrListing courtesy of Long & Foster - Blacksburg Northside Park $295,000 4 bd / 2.5 ba 2,300 sq ft $128/sq ft
Gordon DriveListing courtesy of NextHome New River Valley Brush Mountain Estates $320,000 4 bd / 3 ba 2,352 sq ft $136/sq ft
Village Way SouthListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $390,000 3 bd / 2.5 ba 2,671 sq ft $146/sq ft
Aden LaneListing courtesy of NextHome New River Valley Echols Village $187,000 0 bd / 2.5 ba 1,452 sq ft $129/sq ft
Palmer DrListing courtesy of RE/MAX 8 - Blacksburg $137,000 3 bd / 1.5 ba 960 sq ft $143/sq ft
Pebble Beach RdListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $410,000 3 bd / 2.5 ba 2,770 sq ft $148/sq ft
Preston Forest DrListing courtesy of Long & Foster - Blacksburg Preston Forest $285,000 3 bd / 2 ba 2,229 sq ft $128/sq ft
Crestwood DrListing courtesy of NextHome New River Valley $246,000 4 bd / 2.5 ba 2,275 sq ft $108/sq ft
Mt Tabor RdListing courtesy of The Real Estate Group $109,900 3 bd / 1.5 ba 1,344 sq ft $82/sq ft
Woodbine DriveListing courtesy of Vicki Powell, LTD Woodbine $275,000 4 bd / 3 ba 2,060 sq ft $133/sq ft
HenryListing courtesy of Coldwell Banker Townside Bburg Patrick Henry $125,000 2 bd / 2 ba 900 sq ft $139/sq ft
Jennifer DrListing courtesy of NextHome New River Valley Pheasant Run Crossing $180,000 4 bd / 2.5 ba 1,512 sq ft $119/sq ft
Porter StreetListing courtesy of Wainwright & Co. $175,000 2 bd / 2.5 ba 2,088 sq ft $84/sq ft
BerryfieldListing courtesy of Coldwell Banker Townside Bburg Berryfield $136,500 3 bd / 2 ba 1,061 sq ft $129/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2010 was $246,000, across 23 sales on record (land excluded). A year earlier, in August 2009, it was $218,000.

How many homes sold in Blacksburg in August 2010?

23 homes sold in Blacksburg in August 2010, compared with 42 in July 2010 and 39 in August 2009.

How fast did homes sell in Blacksburg in August 2010?

Homes that sold in August 2010 spent a median of 72 days on the market, and 9% sold at or above their original asking price.

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