Blacksburg market report

Blacksburg housing market, February 2012.

In February 2012, 18 homes sold in Blacksburg at a median price of $197,750. In February 2011, 11 homes sold at a median of $170,000. Homes that sold spent a median of 55 days on the market and sold for a median of 95% of their original asking price.

18

Homes sold

11 a year earlier

$198K

Median sale price

Up 16% from a year earlier

$106

Per square foot

Median, sold homes

55

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

41

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in February 2012. Land excluded.

February 2012

The month in charts.

Sales by type: 13 single-family houses, 4 townhouses and 1 condo.

Median sale price by month

The 13 months through February 2012. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through February 2012Feb 11: $170K. Feb 12: $198K. Lowest $159K (Jan 12), highest $259K (Apr 11).Feb 11: $170KMar 11: $242KApr 11: $259KMay 11: $235KJun 11: $247KJul 11: $246KAug 11: $253KSep 11: $223KOct 11: $185KNov 11: $203KDec 11: $249KJan 12: $159KFeb 12: $198K
Median home sale price in Blacksburg by month, 13 months through February 2012
PeriodMedian sale price
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
Jan 12$159K
Feb 12$198K

Homes sold per month

February 2012 highlighted.

Homes sold in Blacksburg per month, 13 months through February 2012Feb 11: 11. Feb 12: 18. Lowest 10 (Nov 11), highest 45 (Aug 11).Feb 11: 11Mar 11: 36Apr 11: 27May 11: 31Jun 11: 43Jul 11: 40Aug 11: 45Sep 11: 19Oct 11: 19Nov 11: 10Dec 11: 29Jan 12: 20Feb 12: 18
Homes sold in Blacksburg per month, 13 months through February 2012
PeriodHomes sold
Feb 1111
Mar 1136
Apr 1127
May 1131
Jun 1143
Jul 1140
Aug 1145
Sep 1119
Oct 1119
Nov 1110
Dec 1129
Jan 1220
Feb 1218

Sales by price

February 2012.

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

Sales by neighborhood

Neighborhoods with the most sales in February 2012.

Sales

Every sale in February 2012.

Final sale prices, newest first.

Homes sold in Blacksburg in February 2012
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Southwood DriveListing courtesy of RE/MAX 8 - Blacksburg $279,900 4 bd / 3.5 ba 3,830 sq ft $73/sq ft
Jefferson StreetListing courtesy of Long & Foster - Blacksburg Fiddler's Green $329,950 3 bd / 2 ba 2,120 sq ft $156/sq ft
McDowell CourtListing courtesy of RE/MAX 8 - Blacksburg Preston Forest $425,000 4 bd / 3.5 ba 3,840 sq ft $111/sq ft
Little CircleListing courtesy of Coldwell Banker Townside Bburg Apperson $302,000 4 bd / 3 ba 3,360 sq ft $90/sq ft
Lusters Gate RdListing courtesy of Long & Foster - Blacksburg $80,000 3 bd / 2 ba 1,898 sq ft $42/sq ft
Ridge RdListing courtesy of Coldwell Banker Townside Bburg Ramble Ridge $168,000 4 bd / 3.5 ba 1,804 sq ft $93/sq ft
Wakefield DrListing courtesy of RE/MAX 8 - Blacksburg Stroubles Mill $432,500 4 bd / 3 ba 3,263 sq ft $133/sq ft
Crestview DrListing courtesy of RE/MAX 8 - Blacksburg Highland Park $198,000 3 bd / 2 ba 1,798 sq ft $110/sq ft
Cedar Hill DriveListing courtesy of Burnette Real Estate Sales & Management Inc. Cedar Hill $141,000 3 bd / 2 ba 1,071 sq ft $132/sq ft
Strider RdListing courtesy of Old Virginia Real Estate $110,000 3 bd / 2 ba 2,052 sq ft $54/sq ft
Jefferson ForestListing courtesy of NextHome New River Valley Preston Forest $480,000 4 bd / 4.5 ba 5,412 sq ft $89/sq ft
Hardwick StreetListing courtesy of Berkshire Hathaway Homeservices Premier, REALTORS Wyatt Farm $470,000 6 bd / 4.5 ba 4,679 sq ft $100/sq ft
Patrick Henry DrListing courtesy of RE/MAX 8 - Blacksburg $177,000 4 bd / 3 ba 1,520 sq ft $116/sq ft
Kentwood DrListing courtesy of Gallery, Inc. The Villas at Fiddlers Green $293,600 3 bd / 2.5 ba 1,842 sq ft $159/sq ft
Blossom Trail EastListing courtesy of RE/MAX 8 - Blacksburg The Orchards $197,500 2 bd / 2.5 ba 1,488 sq ft $133/sq ft
Liberty LnListing courtesy of Long & Foster - Blacksburg Cascades Pointe $87,000 2 bd / 1 ba 756 sq ft $115/sq ft
Bishop RdListing courtesy of Long & Foster - Blacksburg $58,200 3 bd / 2.5 ba 1,658 sq ft $35/sq ft
Huntington LaneListing courtesy of Coldwell Banker Townside Bburg Oak Manor $197,000 4 bd / 3 ba 1,934 sq ft $102/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in February 2012?

The median sale price for homes in Blacksburg in February 2012 was $197,750, across 18 sales on record (land excluded). A year earlier, in February 2011, it was $170,000.

How many homes sold in Blacksburg in February 2012?

18 homes sold in Blacksburg in February 2012, compared with 20 in January 2012 and 11 in February 2011.

How fast did homes sell in Blacksburg in February 2012?

Homes that sold in February 2012 spent a median of 55 days on the market, and 11% sold at or above their original asking price.

Alerts

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