New Albany Home Sales Show Modest Rise in Prices

1st Quarter Real Estate Results Encouraging

Despite a record low inventory of homes for sale in New Albany, 1st quarter unit sales were about equal with last year. A reduced inventory creates a market that for the first time in years actually favors Sellers! As a result, we are seeing a slight rise in home prices pretty much across the board. Days on market are declining as well – another indicator that it’s a good time to be a seller. Tony and I are cautiously optimistic that 2012 is the beginning of an improved real esate market in New Albany and Greater Columbus.

Let us hear from you if you have questions about the market for your home or about getting your home ready to sell! The members of our team are expert at handling the sale of your current home and purchase of your next one! Call us at 614-939-1234 or visit us at, the #1 website for New Albany Real Estate!  

Until the next time… Kate & Tony

New Albany 2012 1st Quarter Real Estate Recap

Neighborhood Active
Sold March 2012 Sold
YTD 2012
$/Sq Ft
The Preserve 5 11 4 8 4 $102 109
Albany Park 4 1 1 3 2 $102 52
Windsor 4 4 3 6 5 $97 102
Hampsted 4 10 2 7 6 $111 62
NA Links 17 8 1 5 11 $113 139
New-CCollege* 3 1 0 2 1 $143 106
NACC < $1M** 36 9 8 14 16 $161 136
NACC > $1M 13 1 2 6 2 $196 136
Tot Plain Local
School District 116 63 25 60 64 $143 126
* Includes Tidewater, Saunton, Enclave and Wentworth
** Includes NACC and The Reserve

Share this post

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on email
Recent Posts

5 Ways to Make Your Home Feel Like Fall

Although the temps still feel like summer, fall is around the corner. We love bringing seasonal elements into our space to reflect the environment around

Get in Touch

Why Choose Thomas Riddle Real Estate Group?

Selling a house on your own can be an overwhelming task. There’s advertising to plan and budget for, open houses and private showings to arrange, purchase offers to negotiate, contract contingencies to worry about, and complicated paperwork to fill out. Make it easy on yourself by putting your home in the hands of seasoned professionals. We have extensive experience marketing properties and showing them to their best advantage.

Compare listings


Get Your Home's Accurate Value

Receive a No-Obligation Market Evaluation from our Listing Experts Rob Riddle, Tony Thomas, & Kate Thomas

Note: Please be assured we will use this information only to send you the information you have requested and we will never share or rent your contact information with any other party. By giving us your name and email address, you are giving Thomas|Riddle Real Estate Group permission to contact you.