Blacksburg market report

Blacksburg housing market, January 2011.

In January 2011, 18 homes sold in Blacksburg at a median price of $226,500. In January 2010, 7 homes sold at a median of $227,500. Homes that sold spent a median of 86 days on the market and sold for a median of 95% of their original asking price.

18

Homes sold

7 a year earlier

$227K

Median sale price

Down 0% from a year earlier

$110

Per square foot

Median, sold homes

86

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

33

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2011. Land excluded.

January 2011

The month in charts.

Sales by type: 11 single-family houses and 7 townhouses.

Median sale price by month

The 13 months through January 2011. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2011Jan 10: $228K. Jan 11: $227K. Lowest $206K (Oct 10), highest $407K (Sep 10).Jan 10: $228KFeb 10: $238KMar 10: $225KApr 10: $209KMay 10: $230KJun 10: $246KJul 10: $243KAug 10: $246KSep 10: $407KOct 10: $206KNov 10: $227KDec 10: $220KJan 11: $227K
Median home sale price in Blacksburg by month, 13 months through January 2011
PeriodMedian sale price
Jan 10$228K
Feb 10$238K
Mar 10$225K
Apr 10$209K
May 10$230K
Jun 10$246K
Jul 10$243K
Aug 10$246K
Sep 10$407K
Oct 10$206K
Nov 10$227K
Dec 10$220K
Jan 11$227K

Homes sold per month

January 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2011Jan 10: 7. Jan 11: 18. Lowest 7 (Jan 10), highest 52 (Jun 10).Jan 10: 7Feb 10: 11Mar 10: 25Apr 10: 40May 10: 32Jun 10: 52Jul 10: 42Aug 10: 23Sep 10: 10Oct 10: 12Nov 10: 20Dec 10: 24Jan 11: 18
Homes sold in Blacksburg per month, 13 months through January 2011
PeriodHomes sold
Jan 107
Feb 1011
Mar 1025
Apr 1040
May 1032
Jun 1052
Jul 1042
Aug 1023
Sep 1010
Oct 1012
Nov 1020
Dec 1024
Jan 1118

Sales by price

January 2011.

  • Under $250K 11 sold
  • $250K to $350K 4 sold
  • $350K to $500K 2 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in January 2011.

Sales

Every sale in January 2011.

Final sale prices, newest first. 1 sale is counted in the figures above but not listed here, at the seller's request.

Homes sold in Blacksburg in January 2011
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
WillardListing courtesy of Long & Foster - Blacksburg $279,000 3 bd / 2.5 ba 2,406 sq ft $116/sq ft
Pheasant Run DrListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $178,000 4 bd / 2.5 ba 1,480 sq ft $120/sq ft
Pheasant Run DriveListing courtesy of Blacksburg Real Estate, Inc. Pheasant Run $172,000 4 bd / 2.5 ba 1,480 sq ft $116/sq ft
Halfpenny LnListing courtesy of Coldwell Banker Townside Bburg Preston Forest $375,000 3 bd / 2.5 ba 2,509 sq ft $149/sq ft
Patrick Henry DrListing courtesy of Long & Foster - Blacksburg $162,000 4 bd / 3 ba 1,520 sq ft $107/sq ft
McBryde DrListing courtesy of Coldwell Banker Townside Bburg McBryde Village $255,000 5 bd / 2 ba 2,382 sq ft $107/sq ft
Christopher DriveListing courtesy of RE/MAX Real Estate One Woodbine $194,000 4 bd / 2.5 ba 3,137 sq ft $62/sq ft
Draper RdListing courtesy of Coldwell Banker Townside Bburg $359,000 3 bd / 2 ba 1,968 sq ft $182/sq ft
Marlington StreetListing courtesy of Coldwell Banker Townside Bburg $135,000 3 bd / 2.5 ba 1,300 sq ft $104/sq ft
Giles RoadListing courtesy of RE/MAX 8 - Blacksburg $244,000 3 bd / 2.5 ba 2,692 sq ft $91/sq ft
Price StreetListing courtesy of Long & Foster - Blacksburg $210,000 4 bd / 3.5 ba 2,640 sq ft $80/sq ft
Susannah DrListing courtesy of Coldwell Banker Townside Bburg Preston Forest $344,700 4 bd / 3 ba 3,378 sq ft $102/sq ft
Algonquin CtListing courtesy of Coldwell Banker Townside Bburg Shenandoah $256,000 4 bd / 2.5 ba 1,936 sq ft $132/sq ft
Whitney CourtListing courtesy of Coldwell Banker Townside Bburg Knollwood $243,000 3 bd / 2.5 ba 2,209 sq ft $110/sq ft
Janie LaneListing courtesy of RE/MAX Valley-Blacksburg Pheasant Run $186,500 4 bd / 2.5 ba 1,480 sq ft $126/sq ft
Brunswick DrListing courtesy of Long & Foster - Blacksburg $207,758 4 bd / 3 ba 2,612 sq ft $80/sq ft
Laurence LaneListing courtesy of RE/MAX 8 Christiansburg Pheasant Run Crossing $165,000 4 bd / 2.5 ba 1,512 sq ft $109/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2011?

The median sale price for homes in Blacksburg in January 2011 was $226,500, across 18 sales on record (land excluded). A year earlier, in January 2010, it was $227,500.

How many homes sold in Blacksburg in January 2011?

18 homes sold in Blacksburg in January 2011, compared with 24 in December 2010 and 7 in January 2010.

How fast did homes sell in Blacksburg in January 2011?

Homes that sold in January 2011 spent a median of 86 days on the market, and 6% sold at or above their original asking price.

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