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.

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New Albany Neighborhoods

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