Blacksburg market report

Blacksburg housing market, March 2011.

In March 2011, 36 homes sold in Blacksburg at a median price of $241,780. In March 2010, 25 homes sold at a median of $225,000. Homes that sold spent a median of 94 days on the market and sold for a median of 95% of their original asking price.

Homes sold

25 a year earlier

$242K

Median sale price

Up 7% from a year earlier

$118

Per square foot

Median, sold homes

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

New listings

Homes listed this month

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

March 2011

The month in charts.

Sales by type: 25 single-family houses, 7 townhouses and 4 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through March 2011
Period	Median sale price
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
Feb 11	$170K
Mar 11	$242K

Homes sold per month

March 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through March 2011
Period	Homes sold
Mar 10	25
Apr 10	40
May 10	32
Jun 10	52
Jul 10	42
Aug 10	23
Sep 10	10
Oct 10	12
Nov 10	20
Dec 10	24
Jan 11	18
Feb 11	11
Mar 11	36

Sales by price

March 2011.

Under $250K 18 sold
$250K to $350K 8 sold
$350K to $500K 7 sold
$500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in March 2011.

Sales

Every sale in March 2011.

Final sale prices, newest first.

Homes sold in Blacksburg in March 2011
Address	Neighborhood	Sold	Price	Beds / baths	Sq ft	Per sq ft
Falcon Ridge RoadListing courtesy of McCraw Real Estate	Deercroft	Mar 31, 2011	$570,000	4 bd / 4.5 ba	4,343 sq ft	$131/sq ft
Palmer DriveListing courtesy of McCraw Real Estate-Floyd		Mar 31, 2011	$292,000	5 bd / 2 ba	2,454 sq ft	$119/sq ft
McBryde LnListing courtesy of Coldwell Banker Townside Bburg	Stonegate	Mar 31, 2011	$285,000	4 bd / 3 ba	2,703 sq ft	$105/sq ft
Plymouth StreetListing courtesy of RE/MAX 8 - Blacksburg	Pilgrim's Pointe	Mar 31, 2011	$230,000	6 bd / 3 ba	3,194 sq ft	$72/sq ft
Capistrano StListing courtesy of Long & Foster - Blacksburg	Mission Hills	Mar 31, 2011	$210,000	3 bd / 2.5 ba	2,075 sq ft	$101/sq ft
Courtney CircleListing courtesy of NextHome New River Valley	Echols Village	Mar 31, 2011	$205,000	3 bd / 2.5 ba	1,596 sq ft	$128/sq ft
Southampton CtListing courtesy of NextHome New River Valley	Oak Manor	Mar 31, 2011	$182,000	4 bd / 3 ba	1,815 sq ft	$100/sq ft
Pheasant RunListing courtesy of RE/MAX 8 - Blacksburg	Pheasant Run	Mar 31, 2011	$170,000	4 bd / 2.5 ba	1,480 sq ft	$115/sq ft
Primrose DriveListing courtesy of RE/MAX 8 - Blacksburg	Countryside Estates	Mar 29, 2011	$400,000	4 bd / 3.5 ba	3,303 sq ft	$121/sq ft
Hardwood DriveListing courtesy of NextHome New River Valley	Gladewood	Mar 29, 2011	$203,000	3 bd / 2.5 ba	1,968 sq ft	$103/sq ft
Mt Tabor RdListing courtesy of Coldwell Banker Townside Bburg		Mar 29, 2011	$178,900	3 bd / 2 ba	1,919 sq ft	$93/sq ft
University TerListing courtesy of NextHome New River Valley	University Terrace	Mar 29, 2011	$124,500	4 bd / 2 ba	1,071 sq ft	$116/sq ft
High Meadow DriveListing courtesy of Long & Foster - Blacksburg	Indian Run	Mar 28, 2011	$490,000	4 bd / 3 ba	3,264 sq ft	$150/sq ft
Landsdowne DriveListing courtesy of Long & Foster - Blacksburg	Forest Hills	Mar 24, 2011	$380,000	5 bd / 3 ba	3,480 sq ft	$109/sq ft
Village Way NorthListing courtesy of Long & Foster - Blacksburg	The Village at Tom's Creek	Mar 24, 2011	$276,000	3 bd / 2.5 ba	2,192 sq ft	$126/sq ft
Brook CircleListing courtesy of Long & Foster - Blacksburg	Brookfield Village	Mar 21, 2011	$360,000	4 bd / 2.5 ba	2,473 sq ft	$146/sq ft
WillardListing courtesy of NextHome New River Valley	Fiddler's Green	Mar 18, 2011	$263,000	4 bd / 2.5 ba	1,584 sq ft	$166/sq ft
Broce DriveListing courtesy of RE/MAX 8 - Blacksburg	Longview Estates	Mar 18, 2011	$251,000	5 bd / 2.5 ba	1,935 sq ft	$130/sq ft
Gordon DriveListing courtesy of Coldwell Banker Townside Bburg	Brush Mountain Estates	Mar 17, 2011	$291,500	4 bd / 3 ba	2,050 sq ft	$142/sq ft
Prospect StListing courtesy of NextHome New River Valley	Fiddler's Green	Mar 17, 2011	$252,000	3 bd / 2.5 ba	1,488 sq ft	$169/sq ft
Clover Valley CircleListing courtesy of NextHome New River Valley	Clover Valley	Mar 17, 2011	$137,160	4 bd / 2.5 ba	1,480 sq ft	$93/sq ft
Blossom Trail EastListing courtesy of Coldwell Banker Townside Bburg	The Orchards	Mar 16, 2011	$185,500	2 bd / 2.5 ba	1,579 sq ft	$117/sq ft
Long Shop RdListing courtesy of RE/MAX 8 - Blacksburg		Mar 16, 2011	$134,500	2 bd / 1 ba	1,064 sq ft	$126/sq ft
Bradley LaneListing courtesy of RE/MAX 8 - Blacksburg	Maple Ridge	Mar 15, 2011	$515,000	4 bd / 4 ba	3,475 sq ft	$148/sq ft
Woodland Hills DrListing courtesy of Long & Foster - Blacksburg	Woodland Hills Estates	Mar 15, 2011	$425,000	4 bd / 4 ba	4,855 sq ft	$88/sq ft
Whipple DrListing courtesy of NextHome New River Valley	Echols Village	Mar 14, 2011	$209,500	3 bd / 2.5 ba	1,408 sq ft	$149/sq ft
UniversityListing courtesy of Coldwell Banker Townside Bburg	University Terrace	Mar 14, 2011	$124,900	4 bd / 2 ba	1,071 sq ft	$117/sq ft
Deerfield DrListing courtesy of Long & Foster - Blacksburg	Deerfield	Mar 11, 2011	$425,000	4 bd / 3.5 ba	3,422 sq ft	$124/sq ft
Liberty LnListing courtesy of RE/MAX 8 - Blacksburg	Cascades Pointe	Mar 11, 2011	$91,500	2 bd / 1 ba	763 sq ft	$120/sq ft
Gloucester DrListing courtesy of Home Discovery, REALTORS	Pilgrim's Pointe	Mar 9, 2011	$232,560	5 bd / 2 ba	2,204 sq ft	$106/sq ft
Charles StListing courtesy of Bondurant Realty Corp.	Piedmont	Mar 8, 2011	$95,000	2 bd / 1.5 ba	900 sq ft	$106/sq ft
Leisure LaneListing courtesy of Coldwell Banker Townside Bburg	Cedar Orchard	Mar 7, 2011	$487,500	4 bd / 3.5 ba	3,516 sq ft	$139/sq ft
Brockton StreetListing courtesy of Long & Foster - Blacksburg	Cedar Orchard	Mar 3, 2011	$609,189	0 bd / 5.5 ba	6,008 sq ft	$101/sq ft
Village WayListing courtesy of Long & Foster - Blacksburg	The Village at Tom's Creek	Mar 3, 2011	$339,000	5 bd / 4 ba	3,308 sq ft	$102/sq ft
Fairview AvenueListing courtesy of Long & Foster - Blacksburg	Airport Acres	Mar 3, 2011	$215,000	4 bd / 1.5 ba	1,772 sq ft	$121/sq ft
Clover Valley CirListing courtesy of RE/MAX 8 - Blacksburg	Clover Valley	Mar 1, 2011	$135,000	4 bd / 2.5 ba	1,480 sq ft	$91/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in March 2011 was $241,780, across 36 sales on record (land excluded). A year earlier, in March 2010, it was $225,000.

How many homes sold in Blacksburg in March 2011?

36 homes sold in Blacksburg in March 2011, compared with 11 in February 2011 and 25 in March 2010.

How fast did homes sell in Blacksburg in March 2011?

Homes that sold in March 2011 spent a median of 94 days on the market, and 14% sold at or above their original asking price.

Alerts

New listings, first.

Get an email when a Blacksburg home lists, drops in price or sells. Nothing else.