Blacksburg market report

Blacksburg housing market, November 2011.

In November 2011, 10 homes sold in Blacksburg at a median price of $202,865. In November 2010, 20 homes sold at a median of $227,000. Homes that sold spent a median of 150 days on the market and sold for a median of 88% of their original asking price.

10

Homes sold

20 a year earlier

$203K

Median sale price

Down 11% from a year earlier

$105

Per square foot

Median, sold homes

150

Days on market

Median, sold homes

88%

Of asking price

Median sale to original list

20

New listings

Homes listed this month

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

November 2011

The month in charts.

Sales by type: 10 single-family houses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through November 2011Nov 10: $227K. Nov 11: $203K. Lowest $170K (Feb 11), highest $259K (Apr 11).Nov 10: $227KDec 10: $220KJan 11: $227KFeb 11: $170KMar 11: $242KApr 11: $259KMay 11: $235KJun 11: $247KJul 11: $246KAug 11: $253KSep 11: $223KOct 11: $185KNov 11: $203K
Median home sale price in Blacksburg by month, 13 months through November 2011
PeriodMedian sale price
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
Nov 11$203K

Homes sold per month

November 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through November 2011Nov 10: 20. Nov 11: 10. Lowest 10 (Nov 11), highest 45 (Aug 11).Nov 10: 20Dec 10: 24Jan 11: 18Feb 11: 11Mar 11: 36Apr 11: 27May 11: 31Jun 11: 43Jul 11: 40Aug 11: 45Sep 11: 19Oct 11: 19Nov 11: 10
Homes sold in Blacksburg per month, 13 months through November 2011
PeriodHomes sold
Nov 1020
Dec 1024
Jan 1118
Feb 1111
Mar 1136
Apr 1127
May 1131
Jun 1143
Jul 1140
Aug 1145
Sep 1119
Oct 1119
Nov 1110

Sales by price

November 2011.

  • Under $250K 6 sold
  • $250K to $350K 2 sold
  • $350K to $500K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in November 2011.

Sales

Every sale in November 2011.

Final sale prices, newest first. 1 sale is counted in the figures above but not listed here, at the seller's request.

Homes sold in Blacksburg in November 2011
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Draper RdListing courtesy of Long & Foster - Blacksburg $420,000 3 bd / 4 ba 3,449 sq ft $122/sq ft
Upland RoadListing courtesy of Coldwell Banker Townside Bburg $277,000 4 bd / 3 ba 2,390 sq ft $116/sq ft
Bishop RoadListing courtesy of Bondurant Realty Corp. $122,000 3 bd / 2 ba 1,100 sq ft $111/sq ft
Jennelle RoadListing courtesy of Long & Foster - Blacksburg $75,000 3 bd / 1 ba 912 sq ft $82/sq ft
Westover DrListing courtesy of Coldwell Banker Townside Bburg Westover Hills $190,000 4 bd / 2 ba 1,871 sq ft $102/sq ft
Big Falls RoadListing courtesy of RE/MAX 8 - Blacksburg $113,500 2 bd / 1 ba 1,156 sq ft $98/sq ft
Locust AvenueListing courtesy of Coldwell Banker Townside Bburg Highland Park $215,730 3 bd / 3 ba 2,132 sq ft $101/sq ft
Graves AveListing courtesy of Coldwell Banker Townside Bburg $140,000 3 bd / 1 ba 1,291 sq ft $108/sq ft
Preston Forest DrListing courtesy of NextHome New River Valley Preston Forest $255,000 4 bd / 3 ba 3,796 sq ft $67/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in November 2011 was $202,865, across 10 sales on record (land excluded). A year earlier, in November 2010, it was $227,000.

How many homes sold in Blacksburg in November 2011?

10 homes sold in Blacksburg in November 2011, compared with 19 in October 2011 and 20 in November 2010.

How fast did homes sell in Blacksburg in November 2011?

Homes that sold in November 2011 spent a median of 150 days on the market, and 0% sold at or above their original asking price.

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