Blacksburg market report

Blacksburg housing market, July 2011.

In July 2011, 40 homes sold in Blacksburg at a median price of $245,750. In July 2010, 42 homes sold at a median of $242,500. Homes that sold spent a median of 54 days on the market and sold for a median of 95% of their original asking price.

Homes sold

42 a year earlier

$246K

Median sale price

Up 1% from a year earlier

$119

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 July 2011. Land excluded.

July 2011

The month in charts.

Sales by type: 35 single-family houses, 3 townhouses and 2 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through July 2011
Period	Median sale price
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
Apr 11	$259K
May 11	$235K
Jun 11	$247K
Jul 11	$246K

Homes sold per month

July 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through July 2011
Period	Homes sold
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
Apr 11	27
May 11	31
Jun 11	43
Jul 11	40

Sales by price

July 2011.

Under $250K 22 sold
$250K to $350K 10 sold
$350K to $500K 5 sold
$500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in July 2011.

Echols Village 5 soldMedian $208K
The Village at Tom's Creek 3 soldMedian $539K
Crestwood Gardens 3 soldMedian $198K
Preston Forest 2 sold
Blacksburg Country Club 2 sold
Highland Park 2 sold
Dickerson 2 sold
Forest Hills 1 sold
The Villas at Fiddlers Green 1 sold
Brush Mountain Estates 1 sold

Sales

Every sale in July 2011.

Final sale prices, newest first.

Homes sold in Blacksburg in July 2011
Address	Neighborhood	Sold	Price	Beds / baths	Sq ft	Per sq ft
Kentwood DrListing courtesy of Gallery, Inc.	The Villas at Fiddlers Green	Jul 29, 2011	$329,900	3 bd / 2.5 ba	1,890 sq ft	$175/sq ft
Trillium LnListing courtesy of Shirley Sellers, Inc.	The Village at Tom's Creek	Jul 29, 2011	$316,846	3 bd / 2 ba	1,681 sq ft	$188/sq ft
Belaire DriveListing courtesy of RE/MAX 8 - Blacksburg	Brush Mountain Estates	Jul 29, 2011	$295,000	4 bd / 2.5 ba	2,240 sq ft	$132/sq ft
Courtney CirListing courtesy of Coldwell Banker Townside Bburg	Echols Village	Jul 29, 2011	$210,000	3 bd / 2.5 ba	1,452 sq ft	$145/sq ft
Centennial RdListing courtesy of Long & Foster - Blacksburg		Jul 29, 2011	$167,000	3 bd / 1.5 ba	1,275 sq ft	$131/sq ft
Wren CtListing courtesy of Long & Foster - Blacksburg	Preston Forest	Jul 28, 2011	$417,000	4 bd / 3 ba	3,283 sq ft	$127/sq ft
Christine CourtListing courtesy of RE/MAX Valley-Blacksburg	Pheasant Run Crossing	Jul 27, 2011	$175,000	4 bd / 2.5 ba	1,512 sq ft	$116/sq ft
Fairview AveListing courtesy of RE/MAX 8 - Blacksburg	Airport Acres	Jul 26, 2011	$217,000	3 bd / 2 ba	1,441 sq ft	$151/sq ft
Courtney CirListing courtesy of NextHome New River Valley	Echols Village	Jul 26, 2011	$208,000	3 bd / 2.5 ba	1,452 sq ft	$143/sq ft
Aden LnListing courtesy of NextHome New River Valley	Echols Village	Jul 25, 2011	$209,900	3 bd / 2.5 ba	1,452 sq ft	$145/sq ft
DickersonListing courtesy of Coldwell Banker Townside Bburg	Dickerson	Jul 22, 2011	$324,000	4 bd / 3.5 ba	4,484 sq ft	$72/sq ft
Highland CirListing courtesy of RE/MAX 8 - Blacksburg	Highland Park	Jul 22, 2011	$265,500	5 bd / 3 ba	3,686 sq ft	$72/sq ft
University TerListing courtesy of Blacksburg Real Estate, Inc.	University Terrace	Jul 22, 2011	$115,000	4 bd / 2 ba	935 sq ft	$123/sq ft
Broce DrListing courtesy of Coldwell Banker Townside Bburg	Longview Estates	Jul 21, 2011	$236,750	4 bd / 2.5 ba	2,308 sq ft	$103/sq ft
Redbud RdListing courtesy of Long & Foster - Blacksburg	The Village at Tom's Creek	Jul 18, 2011	$539,000	4 bd / 3.5 ba	3,368 sq ft	$160/sq ft
Glade RdListing courtesy of Century 21 Gold Key		Jul 18, 2011	$159,000	2 bd / 1 ba	1,244 sq ft	$128/sq ft
Smithfield DrListing courtesy of RE/MAX 8 - Blacksburg	Preston Forest	Jul 15, 2011	$366,000	4 bd / 2 ba	3,090 sq ft	$118/sq ft
Cedarview DrListing courtesy of Coldwell Banker Townside Bburg	Forest Hills	Jul 15, 2011	$355,000	3 bd / 3 ba	3,060 sq ft	$116/sq ft
Oriole DrListing courtesy of RE/MAX 8 - Blacksburg	The Glen	Jul 15, 2011	$275,000	4 bd / 2.5 ba	1,927 sq ft	$143/sq ft
Maywood StreetListing courtesy of Coldwell Banker Townside Bburg		Jul 15, 2011	$195,500	4 bd / 2 ba	1,845 sq ft	$106/sq ft
Loudon RdListing courtesy of RE/MAX 8 - Blacksburg	Cascades	Jul 15, 2011	$93,000	2 bd / 1 ba	740 sq ft	$126/sq ft
Redbud RdListing courtesy of RE/MAX 8 - Blacksburg		Jul 13, 2011	$90,100	3 bd / 2 ba	1,632 sq ft	$55/sq ft
Shelor LnListing courtesy of RE/MAX 8 - Blacksburg	Crestwood Gardens	Jul 12, 2011	$164,500	4 bd / 2.5 ba	1,787 sq ft	$92/sq ft
Buchanan DrListing courtesy of Coldwell Banker Townside Bburg	McBryde Village	Jul 11, 2011	$285,000	5 bd / 3 ba	3,200 sq ft	$89/sq ft
St. Andrews CircleListing courtesy of Long & Foster - Blacksburg	Blacksburg Country Club	Jul 11, 2011	$245,000	4 bd / 2.5 ba	2,060 sq ft	$119/sq ft
Aden LaneListing courtesy of Gallery, Inc.	Echols Village	Jul 8, 2011	$180,000	3 bd / 2.5 ba	1,583 sq ft	$114/sq ft
Aden LaneListing courtesy of Gallery, Inc.	Echols Village	Jul 8, 2011	$180,000	3 bd / 2.5 ba	1,583 sq ft	$114/sq ft
Cascades RoadListing courtesy of Coldwell Banker Townside Bburg	Blacksburg Country Club	Jul 7, 2011	$430,000	5 bd / 4.5 ba	4,146 sq ft	$104/sq ft
Gardenspring DrListing courtesy of Long & Foster - Blacksburg	Crestwood Gardens	Jul 7, 2011	$198,000	3 bd / 3 ba	1,787 sq ft	$111/sq ft
HardingListing courtesy of Long & Foster - Blacksburg		Jul 6, 2011	$550,000	5 bd / 4.5 ba	3,759 sq ft	$146/sq ft
Wildflower LnListing courtesy of Coldwell Banker Townside Bburg		Jul 6, 2011	$385,000	5 bd / 3 ba	3,710 sq ft	$104/sq ft
SheliahListing courtesy of RE/MAX 8 - Blacksburg	Knollwood	Jul 6, 2011	$225,000	3 bd / 3.5 ba	2,360 sq ft	$95/sq ft
Redbud RoadListing courtesy of Shirley Sellers, Inc.	The Village at Tom's Creek	Jul 5, 2011	$660,000	6 bd / 4.5 ba	4,830 sq ft	$137/sq ft
Highland CirListing courtesy of RE/MAX 8 - Blacksburg	Highland Park	Jul 5, 2011	$333,100	4 bd / 3 ba	3,248 sq ft	$103/sq ft
Mt Vernon LnListing courtesy of RE/MAX 8 - Blacksburg	Stroubles Mill	Jul 5, 2011	$252,200	5 bd / 3.5 ba	3,904 sq ft	$65/sq ft
Hearthstone DrListing courtesy of Coldwell Banker Townside Bburg	Dickerson	Jul 5, 2011	$246,500	3 bd / 2 ba	1,848 sq ft	$133/sq ft
Cameo LnListing courtesy of Coldwell Banker Townside Bburg	Crawford Farms	Jul 1, 2011	$250,000	3 bd / 2 ba	1,705 sq ft	$147/sq ft
Chateau CourtListing courtesy of Coldwell Banker Townside Bburg	Vistas	Jul 1, 2011	$249,000	3 bd / 2.5 ba	1,894 sq ft	$131/sq ft
Gardenspring DrListing courtesy of Home Discovery, REALTORS	Crestwood Gardens	Jul 1, 2011	$198,000	3 bd / 2 ba	1,703 sq ft	$116/sq ft
EllaListing courtesy of Coldwell Banker Townside Bburg		Jul 1, 2011	$66,888	1 bd / 1 ba

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in July 2011 was $245,750, across 40 sales on record (land excluded). A year earlier, in July 2010, it was $242,500.

How many homes sold in Blacksburg in July 2011?

40 homes sold in Blacksburg in July 2011, compared with 43 in June 2011 and 42 in July 2010.

How fast did homes sell in Blacksburg in July 2011?

Homes that sold in July 2011 spent a median of 54 days on the market, and 10% sold at or above their original asking price.

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