Blacksburg market report

Blacksburg housing market, December 2012.

In December 2012, 25 homes sold in Blacksburg at a median price of $208,700. In December 2011, 29 homes sold at a median of $248,600. Homes that sold spent a median of 61 days on the market and sold for a median of 95% of their original asking price.

Homes sold

29 a year earlier

$209K

Median sale price

Down 16% from a year earlier

$120

Per square foot

Median, sold homes

Days on market

Median, sold homes

95%

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 December 2012. Land excluded.

December 2012

The month in charts.

Sales by type: 20 single-family houses, 3 townhouses and 2 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through December 2012
Period	Median sale price
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
Nov 12	$210K
Dec 12	$209K

Homes sold per month

December 2012 highlighted.

Homes sold in Blacksburg per month, 13 months through December 2012
Period	Homes sold
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
Nov 12	21
Dec 12	25

Sales by price

December 2012.

Under $250K 16 sold
$250K to $350K 2 sold
$350K to $500K 7 sold

Sales by neighborhood

Neighborhoods with the most sales in December 2012.

Sales

Every sale in December 2012.

Final sale prices, newest first.

Homes sold in Blacksburg in December 2012
Address	Neighborhood	Sold	Price	Beds / baths	Sq ft	Per sq ft
Shadow Lake RdListing courtesy of Long & Foster - Blacksburg		Dec 31, 2012	$191,100	4 bd / 2 ba	2,502 sq ft	$76/sq ft
Hollow Oak CtListing courtesy of RE/MAX 8 - Blacksburg		Dec 28, 2012	$423,240	4 bd / 3 ba	2,945 sq ft	$144/sq ft
Preston Forest DrListing courtesy of Long & Foster - Blacksburg	Preston Forest	Dec 28, 2012	$379,000	4 bd / 2.5 ba	3,050 sq ft	$124/sq ft
Jefferson StreetListing courtesy of Long & Foster - Blacksburg	Fiddler's Green	Dec 28, 2012	$354,950	3 bd / 2 ba	2,029 sq ft	$175/sq ft
Crestwood DrListing courtesy of Coldwell Banker Townside Bburg		Dec 28, 2012	$235,000	4 bd / 2.5 ba	2,274 sq ft	$103/sq ft
Heights LaneListing courtesy of Coldwell Banker Townside Bburg	The Heights	Dec 28, 2012	$231,000	3 bd / 3.5 ba	1,744 sq ft	$132/sq ft
Smithfield DriveListing courtesy of Long & Foster - Blacksburg	Preston Forest	Dec 21, 2012	$365,000	5 bd / 4 ba	3,792 sq ft	$96/sq ft
Mt. Tabor RoadListing courtesy of Coldwell Banker Townside Bburg		Dec 21, 2012	$208,700	4 bd / 3.5 ba	2,295 sq ft	$91/sq ft
Laurence LaneListing courtesy of RE/MAX 8 - Blacksburg	Pheasant Run Crossing	Dec 19, 2012	$173,220	4 bd / 2.5 ba	1,512 sq ft	$115/sq ft
Whitethorne RdListing courtesy of Coldwell Banker Townside Bburg		Dec 19, 2012	$47,500	3 bd / 1 ba	936 sq ft	$51/sq ft
Cottonwood DrListing courtesy of Long & Foster - Blacksburg	Woodbine	Dec 18, 2012	$175,000	4 bd / 3.5 ba	2,310 sq ft	$76/sq ft
Clay StListing courtesy of Long & Foster - Blacksburg		Dec 14, 2012	$199,900	4 bd / 2 ba	1,824 sq ft	$110/sq ft
Grove AveListing courtesy of Coldwell Banker Townside Bburg		Dec 14, 2012	$180,000	3 bd / 2.5 ba	1,234 sq ft	$146/sq ft
Ellett RoadListing courtesy of Coldwell Banker Townside Bburg		Dec 13, 2012	$99,500	2 bd / 1 ba	826 sq ft	$120/sq ft
Mountain Laurel RidgeListing courtesy of Nest Realty Group	Brush Mountain West	Dec 12, 2012	$457,500	5 bd / 3.5 ba	3,519 sq ft	$130/sq ft
Lora LnListing courtesy of Long & Foster - Blacksburg	Tremont Estates	Dec 12, 2012	$188,000	3 bd / 3.5 ba	1,440 sq ft	$131/sq ft
Seneca DriveListing courtesy of RE/MAX 8 - Blacksburg	Hunters Ridge	Dec 12, 2012	$114,000	4 bd / 2 ba	967 sq ft	$118/sq ft
Shilo WayListing courtesy of NextHome New River Valley		Dec 10, 2012	$361,000	4 bd / 2.5 ba	2,926 sq ft	$123/sq ft
Willard DriveListing courtesy of RE/MAX 8 - Blacksburg		Dec 10, 2012	$282,500	4 bd / 3 ba	2,644 sq ft	$107/sq ft
Blossom Trail WestListing courtesy of RE/MAX 8 - Blacksburg	The Orchards	Dec 10, 2012	$192,500	2 bd / 2.5 ba	1,579 sq ft	$122/sq ft
Orchard View LnListing courtesy of Coldwell Banker Townside Bburg		Dec 7, 2012	$165,000	3 bd / 1.5 ba	1,372 sq ft	$120/sq ft
HardwickListing courtesy of Long & Foster - Blacksburg	Wyatt Farm	Dec 6, 2012	$425,000	4 bd / 5.5 ba	3,275 sq ft	$130/sq ft
Murphy StreetListing courtesy of RE/MAX 8 - Blacksburg		Dec 6, 2012	$199,000	3 bd / 3 ba	2,332 sq ft	$85/sq ft
Eastview TerListing courtesy of Long & Foster - Blacksburg		Dec 5, 2012	$225,000	4 bd / 2.5 ba	2,019 sq ft	$111/sq ft
Brook CirListing courtesy of Long & Foster - Blacksburg	Brookfield Village	Dec 3, 2012	$345,000	4 bd / 2.5 ba	2,401 sq ft	$144/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in December 2012 was $208,700, across 25 sales on record (land excluded). A year earlier, in December 2011, it was $248,600.

How many homes sold in Blacksburg in December 2012?

25 homes sold in Blacksburg in December 2012, compared with 21 in November 2012 and 29 in December 2011.

How fast did homes sell in Blacksburg in December 2012?

Homes that sold in December 2012 spent a median of 61 days on the market, and 20% sold at or above their original asking price.

Alerts

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