Christiansburg market report

Christiansburg housing market, May 2008.

For comparison, April 2008 had 46 sales; May 2007 had 58, at a median of $171K.

54

Homes sold

Down 7% from a year earlier

$169K

Median sale price

Down 1% from a year earlier

$111

Per square foot

Median, sold homes

46

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

31

New listings

Homes listed this month

Homes in Christiansburg ZIP codes 24073 and 24068 that closed in May 2008. Land excluded.

May 2008

The month in charts.

Sales by type: 39 single-family houses, 13 townhouses and 2 condos.

Median sale price by month

The 13 months through May 2008. Single months move around; the market page shows the 12-month trend.

Median home sale price in Christiansburg by month, 13 months through May 2008May 2007: $171K. May 2008: $169K. Lowest $151K (September 2007), highest $185K (October 2007).May 2007: $171KJune 2007: $180KJuly 2007: $174KAugust 2007: $182KSeptember 2007: $151KOctober 2007: $185KNovember 2007: $185KDecember 2007: $177KJanuary 2008: $175KFebruary 2008: $163KMarch 2008: $166KApril 2008: $182KMay 2008: $169K
Median home sale price in Christiansburg by month, 13 months through May 2008
PeriodMedian sale price
May 2007$171K
June 2007$180K
July 2007$174K
August 2007$182K
September 2007$151K
October 2007$185K
November 2007$185K
December 2007$177K
January 2008$175K
February 2008$163K
March 2008$166K
April 2008$182K
May 2008$169K

Homes sold per month

May 2008 highlighted.

Homes sold in Christiansburg per month, 13 months through May 2008May 2007: 58. May 2008: 54. Lowest 14 (December 2007), highest 77 (June 2007).May 2007: 58June 2007: 77July 2007: 68August 2007: 51September 2007: 40October 2007: 31November 2007: 33December 2007: 14January 2008: 25February 2008: 33March 2008: 36April 2008: 46May 2008: 54
Homes sold in Christiansburg per month, 13 months through May 2008
PeriodHomes sold
May 200758
June 200777
July 200768
August 200751
September 200740
October 200731
November 200733
December 200714
January 200825
February 200833
March 200836
April 200846
May 200854

Sales by price

May 2008.

  • Under $250K 46 sold
  • $250K to $350K 6 sold
  • $350K to $500K 1 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2008.

Sales

Sales in May 2008.

Final sale prices, newest first. 26 more sales are counted in the figures above but not listed here, with no street address on record.

Homes sold in Christiansburg in May 2008
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
202 Wistaria Drive New River Village $197,250 3 bd / 2.5 ba 1,780 sq ft $111/sq ft
365 Silver Leaf Dr NWListing courtesy of NextHome New River Valley Oak Tree $155,910 3 bd / 2.5 ba 1,300 sq ft $120/sq ft
1469 Scott St NEListing courtesy of Long & Foster - Blacksburg Cornerstone Townhomes $119,000 3 bd / 1.5 ba 1,344 sq ft $89/sq ft
1266 Smith RoadListing courtesy of Wainwright & Co. $389,000 4 bd / 3.5 ba 3,168 sq ft $123/sq ft
685 Walters Dr NWListing courtesy of Whiting Real Estate Belmont Estates $207,000 4 bd / 3 ba 2,028 sq ft $102/sq ft
1265 Flint DriveListing courtesy of Long & Foster-Christiansburg Craig Mountain $198,500 3 bd / 2 ba 2,200 sq ft $90/sq ft
990 Ellett Rd NEListing courtesy of CENTURY 21 Rice Realty $110,700 3 bd / 2 ba 1,316 sq ft $84/sq ft
150 Briarwood DriveListing courtesy of Coldwell Banker Townside Bburg Town and Country Estates $183,500 3 bd / 2 ba 1,550 sq ft $118/sq ft
2310 Glade DriveListing courtesy of RE/MAX Allegiance, Blacksburg Falling Branch $160,000 4 bd / 2 ba 1,924 sq ft $83/sq ft
175 Alder AveListing courtesy of Century 21 Wampler Realty $237,000 3 bd / 2.5 ba 2,184 sq ft $109/sq ft
130 Wistaria DriveListing courtesy of Long & Foster - Blacksburg New River Village $187,250 3 bd / 2 ba 1,120 sq ft $167/sq ft
680 Liberty ViaListing courtesy of Long & Foster-Christiansburg Vistavia $175,000 3 bd / 2 ba 1,492 sq ft $117/sq ft
435 Majestic Drive Windsor Estates $231,500 4 bd / 2.5 ba 1,877 sq ft $123/sq ft
455 Village Ln NEListing courtesy of Long & Foster - Blacksburg $163,000 3 bd / 2.5 ba 1,504 sq ft $108/sq ft
1635 York Dr NWListing courtesy of Coldwell Banker Townside Bburg Henley Place $139,000 3 bd / 2.5 ba 1,347 sq ft $103/sq ft
150 Windsong LaneListing courtesy of Long & Foster - Blacksburg Windsong Heights $175,230 2 bd / 2 ba 1,318 sq ft $133/sq ft
170 Baldwin Ln SWListing courtesy of RE/MAX 8 - Blacksburg $167,500 3 bd / 1 ba 1,433 sq ft $117/sq ft
1490 Pine StreetListing courtesy of Burnette Real Estate Sales & Management Inc. $230,000 4 bd / 3 ba 2,600 sq ft $88/sq ft
1250 Orange Leaf CourtListing courtesy of Long & Foster-Christiansburg Oak Tree $140,000 3 bd / 2 ba 1,324 sq ft $106/sq ft
275 Teaberry RoadListing courtesy of RE/MAX 8 Christiansburg $107,811 4 bd / 2.5 ba 1,950 sq ft $55/sq ft
201 Miller StreetListing courtesy of McNeil Real Estate Alleghany Park $119,000 2 bd / 1 ba 1,000 sq ft $119/sq ft
1525 Sleepy Hollow RoadListing courtesy of Coldwell Banker Townside Bburg $208,500 3 bd / 2.5 ba 1,865 sq ft $112/sq ft
227 Lester PlaceListing courtesy of Long & Foster - Blacksburg Lester Place $105,000 2 bd / 1.5 ba 1,120 sq ft $94/sq ft
502 Craig StreetListing courtesy of Long & Foster-Christiansburg $75,000 2 bd / 1 ba 1,228 sq ft $61/sq ft
915 Oak Tree Blvd NWListing courtesy of RE/MAX 8 - Blacksburg Oak Tree $161,900 3 bd / 2.5 ba 1,415 sq ft $114/sq ft
235 Silver Leaf Drive NWListing courtesy of Coldwell Banker Townside Bburg Oak Tree $146,000 2 bd / 2 ba 1,242 sq ft $118/sq ft
150 Cullen CourtListing courtesy of Page & Assoc. Real Estate Falling Branch $170,000 4 bd / 2.5 ba 1,848 sq ft $92/sq ft
710 Republic RoadListing courtesy of Long & Foster - Blacksburg $146,000 3 bd / 2.5 ba 1,344 sq ft $109/sq ft

FAQ

Questions? Answers.

What was the median home price in Christiansburg in May 2008?

The median sale price for homes in Christiansburg in May 2008 was $168,750, across 54 sales on record (land excluded). A year earlier, in May 2007, it was $170,500.

How many homes sold in Christiansburg in May 2008?

54 homes sold in Christiansburg in May 2008, compared with 46 in April 2008 and 58 in May 2007.

How fast did homes sell in Christiansburg in May 2008?

Homes that sold in May 2008 spent a median of 46 days on the market, and 20% sold at or above their original asking price.

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