Christiansburg market report

Christiansburg housing market, November 2008.

For comparison, October 2008 had 19 sales; November 2007 had 33, at a median of $185K.

15

Homes sold

Down 55% from a year earlier

$163K

Median sale price

Down 12% from a year earlier

$88

Per square foot

Median, sold homes

26

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

18

New listings

Homes listed this month

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

November 2008

The month in charts.

Sales by type: 11 single-family houses, 3 townhouses and 1 condo.

Median sale price by month

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

Median home sale price in Christiansburg by month, 13 months through November 2008November 2007: $185K. November 2008: $163K. Lowest $163K (February 2008), highest $190K (October 2008).November 2007: $185KDecember 2007: $177KJanuary 2008: $175KFebruary 2008: $163KMarch 2008: $166KApril 2008: $182KMay 2008: $169KJune 2008: $170KJuly 2008: $174KAugust 2008: $169KSeptember 2008: $177KOctober 2008: $190KNovember 2008: $163K
Median home sale price in Christiansburg by month, 13 months through November 2008
PeriodMedian sale price
November 2007$185K
December 2007$177K
January 2008$175K
February 2008$163K
March 2008$166K
April 2008$182K
May 2008$169K
June 2008$170K
July 2008$174K
August 2008$169K
September 2008$177K
October 2008$190K
November 2008$163K

Homes sold per month

November 2008 highlighted.

Homes sold in Christiansburg per month, 13 months through November 2008November 2007: 33. November 2008: 15. Lowest 14 (December 2007), highest 65 (June 2008).November 2007: 33December 2007: 14January 2008: 25February 2008: 33March 2008: 36April 2008: 46May 2008: 54June 2008: 65July 2008: 45August 2008: 44September 2008: 21October 2008: 19November 2008: 15
Homes sold in Christiansburg per month, 13 months through November 2008
PeriodHomes sold
November 200733
December 200714
January 200825
February 200833
March 200836
April 200846
May 200854
June 200865
July 200845
August 200844
September 200821
October 200819
November 200815

Sales by price

November 2008.

  • Under $250K 13 sold
  • $250K to $350K 1 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in November 2008.

Sales

Sales in November 2008.

Final sale prices, newest first. 8 more sales are counted in the figures above but not listed here, with no street address on record.

Homes sold in Christiansburg in November 2008
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
540 Montgomery St NEListing courtesy of McCraw Real Estate-Floyd $170,000 3 bd / 2 ba 2,696 sq ft $63/sq ft
535 Walters DriveListing courtesy of Bondurant Realty Corp. Belmont Estates $166,000 3 bd / 2 ba 1,650 sq ft $101/sq ft
460 Dogwood LaneListing courtesy of Giesen-Caldwell Agency, Inc. Sherwood Forest $195,000 4 bd / 3 ba 2,616 sq ft $75/sq ft
110 Thelma Ln NEListing courtesy of Burnette Real Estate Sales & Management Inc. $150,000 3 bd / 1.5 ba 1,309 sq ft $115/sq ft
2280 Glade DriveListing courtesy of RE/MAX Allegiance, Blacksburg Falling Branch $171,800 4 bd / 3 ba 2,400 sq ft $72/sq ft
425 Silver Leaf DriveListing courtesy of Page & Assoc. Real Estate Oak Tree $150,000 3 bd / 2.5 ba 1,400 sq ft $107/sq ft
600 Tarrytown RoadListing courtesy of Long & Foster - Blacksburg Ridinger Acres $116,000 3 bd / 2.5 ba 1,344 sq ft $86/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Christiansburg in November 2008 was $163,000, across 15 sales on record (land excluded). A year earlier, in November 2007, it was $185,000.

How many homes sold in Christiansburg in November 2008?

15 homes sold in Christiansburg in November 2008, compared with 19 in October 2008 and 33 in November 2007.

How fast did homes sell in Christiansburg in November 2008?

Homes that sold in November 2008 spent a median of 26 days on the market, and 40% sold at or above their original asking price.

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