Blacksburg market report

Blacksburg housing market, September 2011.

In September 2011, 19 homes sold in Blacksburg at a median price of $223,000. In September 2010, 10 homes sold at a median of $407,000. Homes that sold spent a median of 108 days on the market and sold for a median of 90% of their original asking price.

19

Homes sold

10 a year earlier

$223K

Median sale price

Down 45% from a year earlier

$111

Per square foot

Median, sold homes

108

Days on market

Median, sold homes

90%

Of asking price

Median sale to original list

13

New listings

Homes listed this month

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

September 2011

The month in charts.

Sales by type: 15 single-family houses and 4 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through September 2011Sep 10: $407K. Sep 11: $223K. Lowest $170K (Feb 11), highest $407K (Sep 10).Sep 10: $407KOct 10: $206KNov 10: $227KDec 10: $220KJan 11: $227KFeb 11: $170KMar 11: $242KApr 11: $259KMay 11: $235KJun 11: $247KJul 11: $246KAug 11: $253KSep 11: $223K
Median home sale price in Blacksburg by month, 13 months through September 2011
PeriodMedian sale price
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
Sep 11$223K

Homes sold per month

September 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through September 2011Sep 10: 10. Sep 11: 19. Lowest 10 (Sep 10), highest 45 (Aug 11).Sep 10: 10Oct 10: 12Nov 10: 20Dec 10: 24Jan 11: 18Feb 11: 11Mar 11: 36Apr 11: 27May 11: 31Jun 11: 43Jul 11: 40Aug 11: 45Sep 11: 19
Homes sold in Blacksburg per month, 13 months through September 2011
PeriodHomes sold
Sep 1010
Oct 1012
Nov 1020
Dec 1024
Jan 1118
Feb 1111
Mar 1136
Apr 1127
May 1131
Jun 1143
Jul 1140
Aug 1145
Sep 1119

Sales by price

September 2011.

  • Under $250K 11 sold
  • $250K to $350K 4 sold
  • $350K to $500K 3 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in September 2011.

Sales

Every sale in September 2011.

Final sale prices, newest first.

Homes sold in Blacksburg in September 2011
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Falcon Ridge RdListing courtesy of Coldwell Banker Townside Bburg Deercroft $615,000 5 bd / 4.5 ba 5,060 sq ft $122/sq ft
Flippin CircleListing courtesy of Long & Foster - Blacksburg Wyatt Farm $447,500 4 bd / 4 ba 3,638 sq ft $123/sq ft
Terra Bella StreetListing courtesy of Coldwell Banker Townside Bburg Mission Hills $142,500 4 bd / 2 ba 1,976 sq ft $72/sq ft
Sunrise DriveListing courtesy of RE/MAX 8 - Blacksburg Forest Hills $265,000 3 bd / 2.5 ba 3,693 sq ft $72/sq ft
Hutcheson DriveListing courtesy of Coldwell Banker Townside Bburg McBryde Village $256,000 5 bd / 4 ba 4,004 sq ft $64/sq ft
Gordon DrListing courtesy of RE/MAX 8 - Blacksburg Brush Mountain Estates $250,000 4 bd / 2.5 ba 2,735 sq ft $91/sq ft
Mourning Dove DriveListing courtesy of CENTURY 21 Rice Realty Meadow Run $103,500 3 bd / 2 ba 2,348 sq ft $44/sq ft
Chelsea CourtListing courtesy of RE/MAX 8 - Blacksburg Haymarket Square $171,000 3 bd / 2.5 ba 1,850 sq ft $92/sq ft
Newton CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $168,000 3 bd / 2.5 ba 1,342 sq ft $125/sq ft
WatsonListing courtesy of Long & Foster - Blacksburg McBryde Village $202,500 3 bd / 2 ba 1,828 sq ft $111/sq ft
Newton CtListing courtesy of RE/MAX 8 - Blacksburg Haymarket Square $165,000 3 bd / 2.5 ba 1,342 sq ft $123/sq ft
Progress Street NEListing courtesy of Whiting Real Estate $223,000 3 bd / 1.5 ba 1,882 sq ft $118/sq ft
Murril LnListing courtesy of NRV Gateway Realty Inc $155,500 4 bd / 1.5 ba 2,400 sq ft $65/sq ft
Cameo LaneListing courtesy of Long & Foster - Blacksburg Crawford Farms $379,500 4 bd / 4.5 ba 3,068 sq ft $124/sq ft
Patrick Henry DrListing courtesy of Price Real Estate, Inc. $174,000 4 bd / 3 ba 1,588 sq ft $110/sq ft
McBryde LnListing courtesy of Jeannie Chang Realty Stonegate $242,000 3 bd / 2.5 ba 2,052 sq ft $118/sq ft
Isabel CtListing courtesy of Advantage Realty - Roanoke Brush Mountain Estates $264,000 3 bd / 3.5 ba 2,384 sq ft $111/sq ft
RidgeListing courtesy of RE/MAX 8 - Blacksburg Laurel Ridge $366,000 3 bd / 3.5 ba 2,498 sq ft $147/sq ft
Mulberry DrListing courtesy of RE/MAX 8 - Blacksburg Woodbine $181,000 3 bd / 2 ba 1,632 sq ft $111/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in September 2011 was $223,000, across 19 sales on record (land excluded). A year earlier, in September 2010, it was $407,000.

How many homes sold in Blacksburg in September 2011?

19 homes sold in Blacksburg in September 2011, compared with 45 in August 2011 and 10 in September 2010.

How fast did homes sell in Blacksburg in September 2011?

Homes that sold in September 2011 spent a median of 108 days on the market, and 11% sold at or above their original asking price.

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