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 Christiansburg VA, which you’ll find below. The only ones not listed are these luxury condos that are actually quite gorgeous.

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 Radford.

In Christiansburg VA in 2012, the luxury real estate market starts at $293000. The average sales price YTD is $191250.

29 – 280 Revolution Circle, $293000

28 – 170 Revolution Circle, $293000

27 – 120 Amethyst Drive, $295000

26 – 1070 Green Ridge Road, $295000

25 – 1095 Stafford Drive, $295000

24 – 260 Alder Lane, $295000

23 – 100 Wenn Street, $297500

22 – 1061 Green Ridge Road, $300100

21 – 1770 Blake Drive, $305000

20 – 130 Sapphire Avenue, $310000

19 – 445 Diamond Crest, $313000

18 – 25 Welch Circle, $320000

17 – 105 Amethyst Drive, $324900

16 – 40 Florence Drive, $328424

15 – 2845 Wild Turkey Run, $340000

14 – 180 Revolution Circle, $342850

13 – 376 Declaration Lane, $349000

12 – 2111 Peakland Way, $375000

11 – 2065 Lake Vista Drive, $378000

10 – 60 Marquise Drive, $385000

9 – 115 Amethyst Drive, $385000

8 – 1125 Falcon Run Road, $389000

7 – 401 E. Main Street, $397000

6 – 180 Marquise Drive, $405000

5 – 260 Phoenix Boulevard, $409750

4 – 2281 Hitching Post Drive, $460000

3 – 245 Emerald Boulevard, $464000

2 – 2071 Peakland Way, $490000

1 – 1110 Cassatt Lane, $570000

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