New Albany Real Estate Report
New Albany Market Update – YTD Through 9/30/09
- 2009 3rd quarter unit sales in the Plain Local school district were 6% higher than 3rd quarter 2008.
- Despite what you hear, there is not a glut of inventory for sale in New Albany Ohio. The number of homes for sale at the end of September ’09 is 25% below what was for sale at the same time in 2008.
- With the exception of the new build neighborhoods off of Central College, every other neighborhood we track has fewer homes currently for sale than this time last year. Some neighborhoods, such as Hampsted Village, have fewer homes for sale than there has been in years.
|
Neighborhood |
Active Listings |
In Contract |
Sold Sept '09 |
Sold '09 YTD |
Sold '08 YTD |
Ave $/Sq Ft |
Ave DOM |
|
|
The Preserve |
10 |
1 |
5 |
21 |
21 |
$104 |
112 |
|
|
Albany Park |
3 |
- |
3 |
9 |
7 |
$ 101 |
82 |
|
|
Windsor |
6 |
- |
1 |
5 |
7 |
$106 |
144 |
|
|
Hampsted |
17 |
5 |
1 |
24 |
38 |
$112 |
121 |
|
|
NA Links |
30 |
3 |
1 |
28 |
24 |
$117 |
171 |
|
|
New – Central College* |
15 |
- |
3 |
3 |
5 |
$132 |
350 |
|
|
NACC < $1M** |
55 |
19 |
2 |
45 |
48 |
$157 |
175 |
|
|
NACC > $1 million |
33 |
1 |
1 |
9 |
15 |
$204 |
205 |
|
|
Plain Local School District |
223 |
35 |
24 |
181 |
219 |
$138 |
146 |
|
|
*Includes Tidewater, Saunton, Wentworth, The Enclave |
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**Includes NACC and The Reserve |
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