Blacksburg market report

Blacksburg housing market, December 2011.

In December 2011, 29 homes sold in Blacksburg at a median price of $248,600. In December 2010, 24 homes sold at a median of $220,144. Homes that sold spent a median of 91 days on the market and sold for a median of 92% of their original asking price.

29

Homes sold

24 a year earlier

$249K

Median sale price

Up 13% from a year earlier

$118

Per square foot

Median, sold homes

91

Days on market

Median, sold homes

92%

Of asking price

Median sale to original list

11

New listings

Homes listed this month

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

December 2011

The month in charts.

Sales by type: 23 single-family houses, 5 condos and 1 townhouse.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through December 2011Dec 10: $220K. Dec 11: $249K. Lowest $170K (Feb 11), highest $259K (Apr 11).Dec 10: $220KJan 11: $227KFeb 11: $170KMar 11: $242KApr 11: $259KMay 11: $235KJun 11: $247KJul 11: $246KAug 11: $253KSep 11: $223KOct 11: $185KNov 11: $203KDec 11: $249K
Median home sale price in Blacksburg by month, 13 months through December 2011
PeriodMedian sale price
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
Dec 11$249K

Homes sold per month

December 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through December 2011Dec 10: 24. Dec 11: 29. Lowest 10 (Nov 11), highest 45 (Aug 11).Dec 10: 24Jan 11: 18Feb 11: 11Mar 11: 36Apr 11: 27May 11: 31Jun 11: 43Jul 11: 40Aug 11: 45Sep 11: 19Oct 11: 19Nov 11: 10Dec 11: 29
Homes sold in Blacksburg per month, 13 months through December 2011
PeriodHomes sold
Dec 1024
Jan 1118
Feb 1111
Mar 1136
Apr 1127
May 1131
Jun 1143
Jul 1140
Aug 1145
Sep 1119
Oct 1119
Nov 1110
Dec 1129

Sales by price

December 2011.

  • Under $250K 15 sold
  • $250K to $350K 10 sold
  • $350K to $500K 4 sold

Sales by neighborhood

Neighborhoods with the most sales in December 2011.

Sales

Every sale in December 2011.

Final sale prices, newest first.

Homes sold in Blacksburg in December 2011
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Wood Haven CourtListing courtesy of Coldwell Banker Townside Bburg Deercroft $485,000 5 bd / 3.5 ba 4,100 sq ft $118/sq ft
Plank DriveListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $280,000 4 bd / 2.5 ba 2,804 sq ft $100/sq ft
Owens StListing courtesy of Long & Foster - Blacksburg $270,000 5 bd / 3 ba 3,026 sq ft $89/sq ft
Robin RdListing courtesy of Shirley Sellers, Inc. Karr Heights $250,000 4 bd / 2.5 ba 1,875 sq ft $133/sq ft
Ashford CourtListing courtesy of RE/MAX 8 - Blacksburg $198,300 3 bd / 2 ba 1,297 sq ft $153/sq ft
N Knollwood Dr 7206Listing courtesy of Long & Foster - New River Valley Knollwood $157,500 2 bd / 2 ba 1,026 sq ft $154/sq ft
KnollwoodListing courtesy of Long & Foster - Blacksburg Knollwood $157,500 2 bd / 2 ba 1,026 sq ft $154/sq ft
McCoyListing courtesy of Long & Foster - Blacksburg $149,900 2 bd / 2 ba 1,258 sq ft $119/sq ft
Mt Zion RoadListing courtesy of Coldwell Banker Townside Bburg $87,250 2 bd / 1 ba 1,240 sq ft $70/sq ft
Honeysuckle DrListing courtesy of Nest Realty Group The Village at Tom's Creek $299,500 3 bd / 3.5 ba 2,402 sq ft $125/sq ft
Brook CirListing courtesy of NextHome New River Valley Brookfield Village $250,000 4 bd / 2.5 ba 2,227 sq ft $112/sq ft
Greenwood DrListing courtesy of Long & Foster - Blacksburg Forest Hills $284,100 4 bd / 3 ba 2,710 sq ft $105/sq ft
York DrListing courtesy of Coldwell Banker Townside Bburg Dundas Heights $254,000 3 bd / 2.5 ba 2,316 sq ft $110/sq ft
Nikkel LnListing courtesy of RE/MAX 8 - Blacksburg $248,600 3 bd / 2 ba 2,016 sq ft $123/sq ft
Wakefield DrListing courtesy of NextHome New River Valley Stroubles Mill $366,000 4 bd / 3 ba 3,070 sq ft $119/sq ft
High Meadow DrListing courtesy of Coldwell Banker Townside Bburg Indian Run $334,000 4 bd / 2.5 ba 2,934 sq ft $114/sq ft
Poplar Ridge CirListing courtesy of Nest Realty Group The Village at Tom's Creek $247,000 3 bd / 2.5 ba 1,658 sq ft $149/sq ft
Hemlock DrListing courtesy of NextHome New River Valley Mountain View $200,000 3 bd / 2.5 ba 2,290 sq ft $87/sq ft
Broce DrListing courtesy of NextHome New River Valley Longview Estates $190,000 3 bd / 1.5 ba 1,341 sq ft $142/sq ft
Elliott DrListing courtesy of Coldwell Banker Townside Bburg Apperson $274,000 5 bd / 3 ba 2,509 sq ft $109/sq ft
Brush Mountain CreekListing courtesy of NextHome New River Valley Brush Mountain West $309,700 3 bd / 2.5 ba 2,728 sq ft $114/sq ft
ProgressListing courtesy of Coldwell Banker Townside Bburg Park Place $84,500 2 bd / 1 ba 760 sq ft $111/sq ft
Lick Run RdListing courtesy of Long & Foster - Blacksburg $62,000 6 bd / 2 ba 2,472 sq ft $25/sq ft
RidgeListing courtesy of Nest Realty Group Laurel Ridge $392,000 4 bd / 3.5 ba 3,605 sq ft $109/sq ft
Cedar Hill DrListing courtesy of Long & Foster - Blacksburg Cedar Hill $200,000 3 bd / 2 ba 1,352 sq ft $148/sq ft
Woodland Hills DrListing courtesy of Coldwell Banker Townside Bburg Woodland Hills Estates $498,000 3 bd / 3.5 ba 4,214 sq ft $118/sq ft
Mountain Breeze DrListing courtesy of Gracious Living Maple Ridge $190,000 4 bd / 3 ba 2,197 sq ft $86/sq ft
Seneca DrListing courtesy of RE/MAX 8 - Blacksburg Hunters Ridge $120,000 4 bd / 2 ba 967 sq ft $124/sq ft
University CityListing courtesy of Coldwell Banker Townside Bburg Sundance Village $80,000 1 bd / 1 ba 625 sq ft $128/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in December 2011 was $248,600, across 29 sales on record (land excluded). A year earlier, in December 2010, it was $220,144.

How many homes sold in Blacksburg in December 2011?

29 homes sold in Blacksburg in December 2011, compared with 10 in November 2011 and 24 in December 2010.

How fast did homes sell in Blacksburg in December 2011?

Homes that sold in December 2011 spent a median of 91 days on the market, and 7% sold at or above their original asking price.

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