Blacksburg market report

Blacksburg housing market, August 2011.

In August 2011, 45 homes sold in Blacksburg at a median price of $253,000. In August 2010, 23 homes sold at a median of $246,000. Homes that sold spent a median of 60 days on the market and sold for a median of 95% of their original asking price.

45

Homes sold

23 a year earlier

$253K

Median sale price

Up 3% from a year earlier

$122

Per square foot

Median, sold homes

60

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

24

New listings

Homes listed this month

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

August 2011

The month in charts.

Sales by type: 31 single-family houses, 9 condos and 5 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through August 2011Aug 10: $246K. Aug 11: $253K. Lowest $170K (Feb 11), highest $407K (Sep 10).Aug 10: $246KSep 10: $407KOct 10: $206KNov 10: $227KDec 10: $220KJan 11: $227KFeb 11: $170KMar 11: $242KApr 11: $259KMay 11: $235KJun 11: $247KJul 11: $246KAug 11: $253K
Median home sale price in Blacksburg by month, 13 months through August 2011
PeriodMedian sale price
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
Aug 11$253K

Homes sold per month

August 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2011Aug 10: 23. Aug 11: 45. Lowest 10 (Sep 10), highest 45 (Aug 11).Aug 10: 23Sep 10: 10Oct 10: 12Nov 10: 20Dec 10: 24Jan 11: 18Feb 11: 11Mar 11: 36Apr 11: 27May 11: 31Jun 11: 43Jul 11: 40Aug 11: 45
Homes sold in Blacksburg per month, 13 months through August 2011
PeriodHomes sold
Aug 1023
Sep 1010
Oct 1012
Nov 1020
Dec 1024
Jan 1118
Feb 1111
Mar 1136
Apr 1127
May 1131
Jun 1143
Jul 1140
Aug 1145

Sales by price

August 2011.

  • Under $250K 22 sold
  • $250K to $350K 13 sold
  • $350K to $500K 8 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2011.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2011
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Donlee DrListing courtesy of Coldwell Banker Townside Bburg Piedmont $114,500 3 bd / 2 ba 1,400 sq ft $82/sq ft
C-11 Brightwood Manor DriveListing courtesy of Coldwell Banker Townside Bburg Brightwood Manor $104,000 2 bd / 1 ba 978 sq ft $106/sq ft
Wildflower LnListing courtesy of Long & Foster - Blacksburg $383,500 4 bd / 3.5 ba 3,586 sq ft $107/sq ft
Highland CircleListing courtesy of RE/MAX 8 - Blacksburg Highland Park $137,000 2 bd / 2 ba 1,911 sq ft $72/sq ft
Quincy CourtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $182,000 3 bd / 3 ba 1,842 sq ft $99/sq ft
Mt Vernon LnListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $284,500 4 bd / 3.5 ba 2,775 sq ft $103/sq ft
Brook CirListing courtesy of Long & Foster - Blacksburg Brookfield Village $364,000 4 bd / 3.5 ba 3,323 sq ft $110/sq ft
Seymour DrListing courtesy of Coldwell Banker Townside Bburg $295,000 4 bd / 4 ba 3,038 sq ft $97/sq ft
Asher LnListing courtesy of NextHome New River Valley Mt. Tabor Meadows $292,750 3 bd / 2.5 ba 1,546 sq ft $189/sq ft
Trillium LaneListing courtesy of Coldwell Banker Townside Bburg The Village at Tom's Creek $266,000 3 bd / 2.5 ba 2,085 sq ft $128/sq ft
SheliahListing courtesy of Coldwell Banker Townside Bburg Knollwood $205,000 3 bd / 2.5 ba 1,615 sq ft $127/sq ft
Stonegate DriveListing courtesy of RE/MAX 8 - Blacksburg Stonegate $273,000 5 bd / 2.5 ba 2,586 sq ft $106/sq ft
Merrimac RdListing courtesy of RE/MAX 8 - Blacksburg $158,500 3 bd / 2 ba 1,440 sq ft $110/sq ft
Pheasant Run DriveListing courtesy of RE/MAX Valley-Blacksburg Pheasant Run $165,500 4 bd / 2.5 ba 1,480 sq ft $112/sq ft
Pheasant RunListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $166,000 4 bd / 2.5 ba 1,480 sq ft $112/sq ft
Algonquin CtListing courtesy of Coldwell Banker Townside Bburg Shenandoah $310,000 4 bd / 2.5 ba 2,630 sq ft $118/sq ft
Brunswick DrListing courtesy of Long & Foster - Blacksburg $305,000 4 bd / 2.5 ba 2,224 sq ft $137/sq ft
McBryde DrListing courtesy of RE/MAX 8 - Blacksburg McBryde Village $255,000 4 bd / 3 ba 1,914 sq ft $133/sq ft
McCoy RdListing courtesy of Coldwell Banker Townside Bburg $187,000 4 bd / 2 ba 1,960 sq ft $95/sq ft
University TerraceListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $125,000 4 bd / 2 ba 1,071 sq ft $117/sq ft
Arrington RdListing courtesy of Bloomkey $312,000 3 bd / 2 ba 2,230 sq ft $140/sq ft
Aden LnListing courtesy of NextHome New River Valley Echols Village $220,000 3 bd / 2.5 ba 1,712 sq ft $129/sq ft
Chowning PlListing courtesy of Nest Realty Group Chowning Place $158,000 2 bd / 2 ba 1,220 sq ft $130/sq ft
Walnut SpringListing courtesy of Long & Foster - Blacksburg $77,000 2 bd / 1.5 ba 1,452 sq ft $53/sq ft
Clay StListing courtesy of NextHome New River Valley $550,000 5 bd / 4 ba 3,723 sq ft $148/sq ft
Capistrano StListing courtesy of Coldwell Banker Townside Bburg Mission Hills $217,000 4 bd / 2 ba 1,949 sq ft $111/sq ft
Honeysuckle DriveListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $325,000 3 bd / 2.5 ba 2,344 sq ft $139/sq ft
Gloucester DrListing courtesy of Coldwell Banker Townside Bburg Pilgrim's Pointe $231,000 4 bd / 3 ba 1,958 sq ft $118/sq ft
Liberty LnListing courtesy of Long & Foster - Blacksburg Cascades Pointe $93,000 2 bd / 1 ba 756 sq ft $123/sq ft
Ardmore StListing courtesy of NextHome New River Valley Crismond Addition $265,000 4 bd / 2.5 ba 1,842 sq ft $144/sq ft
Glade RdListing courtesy of Coldwell Banker Townside Bburg $253,000 3 bd / 3 ba 2,434 sq ft $104/sq ft
Coalwood WayListing courtesy of Long & Foster - Blacksburg Coal Bank Ridge $515,000 4 bd / 4.5 ba 4,000 sq ft $129/sq ft
JeffersonListing courtesy of Long & Foster - Blacksburg Fiddler's Green $355,000 4 bd / 2.5 ba 2,373 sq ft $150/sq ft
Bear Claw Farm LnListing courtesy of RE/MAX 8 - Blacksburg $190,000 3 bd / 1 ba 1,458 sq ft $130/sq ft
University CityListing courtesy of RE/MAX 8 - Blacksburg Sundance Village $95,000 1 bd / 1 ba 644 sq ft $148/sq ft
Happy Hollow RoadListing courtesy of NextHome New River Valley Meadow Run $350,000 4 bd / 2.5 ba 3,148 sq ft $111/sq ft
Sandy CirListing courtesy of CENTURY 21 Rice Realty Montgomery Farms $180,000 3 bd / 2 ba 1,400 sq ft $129/sq ft
Honeysuckle DriveListing courtesy of Long & Foster - Blacksburg Trillium Place $389,500 4 bd / 2.5 ba 3,184 sq ft $122/sq ft
Cohee RdListing courtesy of Coldwell Banker Townside Bburg Country Club Park $387,000 3 bd / 2.5 ba 2,261 sq ft $171/sq ft
Claytor SqListing courtesy of RE/MAX 8 - Blacksburg University Place $123,000 3 bd / 2 ba 885 sq ft $139/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2011 was $253,000, across 45 sales on record (land excluded). A year earlier, in August 2010, it was $246,000.

How many homes sold in Blacksburg in August 2011?

45 homes sold in Blacksburg in August 2011, compared with 40 in July 2011 and 23 in August 2010.

How fast did homes sell in Blacksburg in August 2011?

Homes that sold in August 2011 spent a median of 60 days on the market, and 11% sold at or above their original asking price.

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