Blacksburg market report

Blacksburg housing market, October 2012.

In October 2012, 26 homes sold in Blacksburg at a median price of $212,000. In October 2011, 19 homes sold at a median of $185,199. Homes that sold spent a median of 84 days on the market and sold for a median of 96% of their original asking price.

Homes sold

19 a year earlier

$212K

Median sale price

Up 14% from a year earlier

$121

Per square foot

Median, sold homes

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

New listings

Homes listed this month

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

October 2012

The month in charts.

Sales by type: 15 single-family houses, 8 townhouses and 3 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through October 2012
Period	Median sale price
Oct 11	$185K
Nov 11	$203K
Dec 11	$249K
Jan 12	$159K
Feb 12	$198K
Mar 12	$230K
Apr 12	$233K
May 12	$238K
Jun 12	$244K
Jul 12	$250K
Aug 12	$246K
Sep 12	$252K
Oct 12	$212K

Homes sold per month

October 2012 highlighted.

Homes sold in Blacksburg per month, 13 months through October 2012
Period	Homes sold
Oct 11	19
Nov 11	10
Dec 11	29
Jan 12	20
Feb 12	18
Mar 12	25
Apr 12	30
May 12	37
Jun 12	52
Jul 12	44
Aug 12	31
Sep 12	23
Oct 12	26

Sales by price

October 2012.

Under $250K 18 sold
$250K to $350K 4 sold
$350K to $500K 4 sold

Sales by neighborhood

Neighborhoods with the most sales in October 2012.

Sales

Every sale in October 2012.

Final sale prices, newest first.

Homes sold in Blacksburg in October 2012
Address	Neighborhood	Sold	Price	Beds / baths	Sq ft	Per sq ft
Hollow Oak CtListing courtesy of RE/MAX 8 - Blacksburg		Oct 31, 2012	$415,608	4 bd / 4.5 ba	3,221 sq ft	$129/sq ft
Highland CirListing courtesy of Coldwell Banker Townside Bburg	Highland Park	Oct 31, 2012	$227,500	4 bd / 2 ba	2,060 sq ft	$110/sq ft
Fairview AveListing courtesy of Long & Foster - Blacksburg	Airport Acres	Oct 31, 2012	$220,500	4 bd / 2 ba	1,708 sq ft	$129/sq ft
MainListing courtesy of Nest Realty Group	Kent Square Condominiums	Oct 29, 2012	$199,500	1 bd / 1 ba	672 sq ft	$297/sq ft
Progress StreetListing courtesy of Coldwell Banker Townside Bburg	Park Place	Oct 29, 2012	$85,500	2 bd / 1 ba	760 sq ft	$113/sq ft
Canterbury CtListing courtesy of Coldwell Banker Townside Bburg	Oak Manor	Oct 25, 2012	$172,000	3 bd / 3.5 ba	1,980 sq ft	$87/sq ft
Janie LnListing courtesy of BlueRidge Real Estate	Pheasant Run	Oct 24, 2012	$165,000	4 bd / 2.5 ba	1,480 sq ft	$111/sq ft
Harvest RidgeListing courtesy of Coldwell Banker Townside Bburg	The Orchards	Oct 23, 2012	$255,000	3 bd / 3 ba	2,287 sq ft	$111/sq ft
Edwards LnListing courtesy of Coldwell Banker Townside Bburg	Vista Pointe	Oct 23, 2012	$205,000	3 bd / 2 ba	1,664 sq ft	$123/sq ft
Clairmont DrListing courtesy of Long & Foster - Blacksburg		Oct 22, 2012	$324,950	3 bd / 2 ba	1,819 sq ft	$179/sq ft
Hillman LaneListing courtesy of Long & Foster - Blacksburg		Oct 19, 2012	$110,000	3 bd / 2 ba	1,836 sq ft	$60/sq ft
Harding RdListing courtesy of RE/MAX 8 - Blacksburg		Oct 18, 2012	$189,000	3 bd / 2 ba	1,578 sq ft	$120/sq ft
Pheasant Run DrListing courtesy of Blacksburg Real Estate, Inc.	Pheasant Run	Oct 18, 2012	$176,500	4 bd / 2.5 ba	1,400 sq ft	$126/sq ft
Asher LnListing courtesy of NextHome New River Valley	Mt. Tabor Meadows	Oct 16, 2012	$367,188	3 bd / 2.5 ba	2,010 sq ft	$183/sq ft
Jennifer DriveListing courtesy of RE/MAX 8 - Blacksburg	Pheasant Run Crossing	Oct 16, 2012	$172,000	4 bd / 2.5 ba	1,512 sq ft	$114/sq ft
Cedar WalkListing courtesy of NextHome New River Valley	Woodland Hills Estates	Oct 15, 2012	$362,000	5 bd / 3.5 ba	2,926 sq ft	$124/sq ft
Carroll DriveListing courtesy of RE/MAX 8 - Blacksburg	Northside Park	Oct 15, 2012	$239,000	3 bd / 2 ba	2,256 sq ft	$106/sq ft
New Kent RdListing courtesy of Coldwell Banker Townside Bburg		Oct 15, 2012	$158,000	2 bd / 2.5 ba	1,300 sq ft	$122/sq ft
Kentwood DrListing courtesy of NextHome New River Valley	The Villas at Fiddlers Green	Oct 12, 2012	$297,750	3 bd / 2.5 ba	1,750 sq ft	$170/sq ft
Aden LnListing courtesy of Gallery, Inc.	Echols Village	Oct 12, 2012	$214,000	3 bd / 2.5 ba	1,452 sq ft	$147/sq ft
Fincastle DrListing courtesy of Nest Realty Group	Kessler Park	Oct 11, 2012	$210,000	3 bd / 3 ba	2,856 sq ft	$74/sq ft
Christopher DriveListing courtesy of Mandell Real Estate Group	Woodbine	Oct 9, 2012	$246,200	4 bd / 3.5 ba	2,557 sq ft	$96/sq ft
Jefferson StListing courtesy of Long & Foster - Blacksburg	Fiddler's Green	Oct 5, 2012	$399,950	4 bd / 2.5 ba	2,719 sq ft	$147/sq ft
Janie LnListing courtesy of Long & Foster - Blacksburg	Pheasant Run	Oct 5, 2012	$155,960	4 bd / 2.5 ba	1,480 sq ft	$105/sq ft
University TerListing courtesy of Coldwell Banker Townside Bburg	University Terrace	Oct 5, 2012	$125,000	4 bd / 2 ba	935 sq ft	$134/sq ft
Stratford View DrListing courtesy of NextHome New River Valley	Sterling Manor	Oct 1, 2012	$325,000	4 bd / 2.5 ba	2,773 sq ft	$117/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in October 2012 was $212,000, across 26 sales on record (land excluded). A year earlier, in October 2011, it was $185,199.

How many homes sold in Blacksburg in October 2012?

26 homes sold in Blacksburg in October 2012, compared with 23 in September 2012 and 19 in October 2011.

How fast did homes sell in Blacksburg in October 2012?

Homes that sold in October 2012 spent a median of 84 days on the market, and 19% sold at or above their original asking price.

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