February 2008 e-Newsletter
New Albany Real Estate Market Update
January 2008 Recap
The news media is all abuzz these days with information about what is happening in the real estate market. But if you rely only on the national media to tell you whether now is a good time to buy or sell, you may be missing a great opportunity. Call Kate and Tony Thomas to get the proper perspective on the actual New Albany or greater Columbus real estate market. January results for New Albany neighborhoods are below. While Jan closed sales are down from ’07, in contracts are actually higher than last year indicating the potential for a stonger February.
If you would like specific information about your neighborhood or an area outside of New Albany, just give us a call. Let us know if you want a confidential market analysis to assist you with a decision to make a move in 2008! We’d love to hear from you.
|
Neighborhood |
Active Listings |
In Contract |
Sold Jan 08' |
Sold Jan 07' |
Average $
Per Sq. Ft. |
Average Days
On Market |
|
The Preserve |
13 |
2 |
1 |
5 |
$109 |
113 |
|
Albany Park |
5 |
2 |
0 |
0 |
$102 |
93 |
|
Hampsted |
31 |
5 |
2 |
2 |
$103 |
100 |
|
New Albany Links |
32 |
3 |
0 |
2 |
$129 |
143 |
|
NACC - up to $1M |
68 |
6 |
2 |
2 |
$156 |
203 |
|
NACC - $1M + |
33 |
5 |
1 |
3 |
$220 |
625 |
|
Total Plain Local |
249 |
37 |
12 |
22 |
$134 |
176 |
Interested in knowing what's sold in your neighborhood?
Request your personalized Neighborhood Sold Report for up-to-date information about what's selling in your neighborhood.