A few weeks ago I was at a conference, and the question was asked by a presenter “what’s the luxury market in your area?” I had an idea, but it was simply based on a gut feeling, and not rooted in stats. So, Alma helped me pulled the numbers for 2012 YTD in Blacksburg VA, which you’ll find below. And – shameless self-promotion – I’m proud to say Nest Realty was involved in the top two sales with these columbus apartments.

For disclosure, we looked at the top 10% of sales in the market, and are considering the “luxury” component to be the least expensive home in the top 10% of sales in Blacksburg.

In Blacksburg VA in 2012, the luxury real estate market starts at $412000. The average sales price YTD is $290266.

28 – 1207 Village Way South, $412000

27 – 603 Draper Road, $409000

26 – 6103 Albemarle Lane, $420000

25 – 405 Heartwood Crossing Road, $423100

24 – 806 Petra Pass, $425000

23 – 4330 McDowell Court, $425000

22 – 3005 Wakefield Drive, $425000

21 – 3002 Wakefield Drive, $432500

20 – 1304 Village Way South, $445000

19 – 1190 S Jefferson Forest Lane, $455000

18 – 2000 Hardwick Street, $470000

17 – 2201 Hardwick Street, $480000

16 – 960 S Jefferson Forest Lane, $480000

15 – 304 Vinyard Avenue, $483950

14 – 501 Cohee Road, $485900

13 – 1229 Brockton Street, $517500

12 – 1880 Augusta National Road, $530000

11 – 2070 Cascades Road, $540500

10 – 695 Deercroft Drive, $550000

9 – 405 Vinyard Avenue, $555000

8 – 1541 Clay Street, $560000

7 – 2229 Birch Leaf Lane, $573000

6 – 409 E Roanoke Street, $575000

5 – 700 Deercroft Drive, $583000

4 – 1507 Highland Circle, $645000

3 – 290 Deercroft Drive, $695000

2 – 1345 Falcon Ridge Drive, $723200

1 – 1651 Lusters Gate Road, $970000

Thoughts? Are you surprised by the number? Think it should be higher/lower?