Blacksburg market report

Blacksburg housing market, October 2011.

In October 2011, 19 homes sold in Blacksburg at a median price of $185,199. In October 2010, 12 homes sold at a median of $206,150. Homes that sold spent a median of 137 days on the market and sold for a median of 91% of their original asking price.

19

Homes sold

12 a year earlier

$185K

Median sale price

Down 10% from a year earlier

$116

Per square foot

Median, sold homes

137

Days on market

Median, sold homes

91%

Of asking price

Median sale to original list

25

New listings

Homes listed this month

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

October 2011

The month in charts.

Sales by type: 14 single-family houses and 5 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through October 2011Oct 10: $206K. Oct 11: $185K. Lowest $170K (Feb 11), highest $259K (Apr 11).Oct 10: $206KNov 10: $227KDec 10: $220KJan 11: $227KFeb 11: $170KMar 11: $242KApr 11: $259KMay 11: $235KJun 11: $247KJul 11: $246KAug 11: $253KSep 11: $223KOct 11: $185K
Median home sale price in Blacksburg by month, 13 months through October 2011
PeriodMedian sale price
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
Oct 11$185K

Homes sold per month

October 2011 highlighted.

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

Sales by price

October 2011.

  • Under $250K 13 sold
  • $250K to $350K 3 sold
  • $350K to $500K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in October 2011.

Sales

Every sale in October 2011.

Final sale prices, newest first.

Homes sold in Blacksburg in October 2011
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Christopher DrListing courtesy of Coldwell Banker Townside Bburg Woodbine $250,000 5 bd / 3 ba 2,254 sq ft $111/sq ft
Ridge RdListing courtesy of NextHome New River Valley Ramble Ridge $150,000 3 bd / 2.5 ba 1,300 sq ft $115/sq ft
Plank DrListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $350,000 5 bd / 3.5 ba 3,218 sq ft $109/sq ft
Montgomery StreetListing courtesy of Coldwell Banker Townside Bburg $185,000 4 bd / 1 ba 1,931 sq ft $96/sq ft
Janie LaneListing courtesy of Long & Foster - Blacksburg Pheasant Run $167,650 4 bd / 2.5 ba 1,480 sq ft $113/sq ft
Lora LaneListing courtesy of NextHome New River Valley Tremont Estates $167,000 3 bd / 2.5 ba 1,440 sq ft $116/sq ft
Brockton StListing courtesy of Long & Foster - Blacksburg Cedar Orchard $481,500 4 bd / 2.5 ba 2,850 sq ft $169/sq ft
EvergreenListing courtesy of NextHome New River Valley Brush Mountain West $425,000 4 bd / 3 ba 3,328 sq ft $128/sq ft
Lacy LaneListing courtesy of Coldwell Banker Townside Bburg Westover Hills $201,500 3 bd / 2 ba 1,680 sq ft $120/sq ft
Red Maple DrListing courtesy of Realhome Services And Solutions, Inc Maple Ridge $185,199 3 bd / 3.5 ba 2,749 sq ft $67/sq ft
Merrimac RdListing courtesy of Graham & David Real Estate Inc $55,000 2 bd / 1 ba 952 sq ft $58/sq ft
Brush Mtn RdListing courtesy of RE/MAX 8 Christiansburg Brush Mountain West $244,900 3 bd / 3 ba 2,171 sq ft $113/sq ft
Laurence LaneListing courtesy of Long & Foster - Blacksburg Pheasant Run Crossing $175,000 4 bd / 2.5 ba 1,512 sq ft $116/sq ft
Cherokee DriveListing courtesy of CENTURY 21 Rice Realty Shenandoah $200,000 6 bd / 4 ba 3,200 sq ft $63/sq ft
Gedney Park DriveListing courtesy of Coldwell Banker Townside Bburg $275,950 3 bd / 2 ba 1,692 sq ft $163/sq ft
Woodbine DrListing courtesy of Wainwright & Co., REALTORS®- Lake Woodbine $175,000 3 bd / 2 ba 1,290 sq ft $136/sq ft
WoodbineListing courtesy of Wainwright & Co. Woodbine $175,000 3 bd / 2 ba 1,290 sq ft $136/sq ft
Lucas DrListing courtesy of Long & Foster - Blacksburg Springdale Addition $111,000 2 bd / 1 ba 832 sq ft $133/sq ft
Primrose DriveListing courtesy of NextHome New River Valley Countryside Estates $310,000 4 bd / 2.5 ba 2,254 sq ft $138/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in October 2011 was $185,199, across 19 sales on record (land excluded). A year earlier, in October 2010, it was $206,150.

How many homes sold in Blacksburg in October 2011?

19 homes sold in Blacksburg in October 2011, compared with 19 in September 2011 and 12 in October 2010.

How fast did homes sell in Blacksburg in October 2011?

Homes that sold in October 2011 spent a median of 137 days on the market, and 5% sold at or above their original asking price.

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