Fall 2011 eNewsletter
New Albany Ohio Real Estate Stats – 3rd Qtr 2011 YTD
New Albany is up 25% in Unit Sales!
The numbers below make it official – unit sales in New Albany are up 25% over last year while unit sales in the entire multiple listing service are down 4% YTD. It looks like New Albany sales are tapering off as September sales in New Albany were only equal with September last year. However, I think the slowdown is a product of the inventory available. The rate of sale is simply not sustainable with the number of homes currently for sale in New Albany. While sales are up 25% this year, inventory is down about 25%.
I don’t want to sound like a broken record; however, if you have any interest in selling your home, this is a great time to do it! Today’s buyers have seen the homes currently for sale and are waiting for something new (or a new price on existing homes) to entice them into the market. Don’t let the lowest interest rates in recorded history pass you by. If you’ve been thinking about selling but have been holding back, it looks like now is the time to get into the market! Call Kate or Tony Thomas today!
New Albany 2011 YTD Recap:
| Neighborhood | Active Listings |
In Contract |
Sold 9/11 |
Sold YTD 2011 |
Sold YTD 2010 |
Ave $/Sq Ft |
Ave DOM |
| The Preserve | 12 | 5 | 1 | 21 | 24 | $104 | 82 |
| Albany Park | 5 | 0 | 1 | 12 | 2 | $100 | 62 |
| Windsor | 10 | 4 | 10 | 8 | 8 | $101 | 105 |
| Hampsted Village | 18 | 6 | 4 | 39 | 22 | $115 | 54 |
| New Albany Links | 16 | 12 | 4 | 37 | 31 | $111 | 100 |
| New-CCollege* | 3 | 3 | 1 | 9 | 7 | $128 | 143 |
| NACC < $1M** | 41 | 9 | 8 | 76 | 59 | $153 | 115 |
| NACC > $1M | 26 | 1 | 1 | 14 | 14 | $202 | 158 |
| Tot NAPL School District | 176 | 51 | 23 | 264 | 211 | $127 | 98 |
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* Includes Tidewater, Saunton, Enclave and Wentworth |
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** Includes NACC and The Reserve |
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