Picture of ThomasRiddleGroup


New Albany Ohio Real Estate – 2011 Recap

Good Real Estate News in New Albany!

Sales of single family homes in New Albany in 2011 exceeded 300 units for the first time in 6 years. 344 homes sold in New Albany this year compared to 274 homes sold last year. 2005 was the last year New Albany saw home sales in this range. I don’t know if this is the new “normal” but it certainly indicates that our market has probably hit bottom and hopefully on the upswing.

If you are one who has chosen to remain on the sidelines these past few years, this is a good time to consider jumping back in! As a seller, the inventory is lower than I can ever remember it being. It’s 38% below where it was at this time last year. As a buyer, prices and interest rates remain low though with the diminished number of homes for sale in New Albany, we may begin to show signs of prices rebounding in 2012. Call us to discuss your particular New Albany real estate situation. The chart below is the Year End results for the major neighborhoods in New Albany, Ohio. If your community is not included, just let us know. We will send you the comparable information for your neighborhood.


New Albany 2011 Year End Review

Neighborhood Active
Sold 4th
Qtr 2011
$/Sq Ft
The Preserve 11 3 4 26 27 $104 85
Albany Park 5 1 13 5 $98 59
Windsor 4 5 5 13 12 $100 91
Hampsted 7 5 15 55 29 $113 65
NA Links 10 4 11 51 40 $115 90
New-CCollege* 5 1 5 14 8 $123 140
NACC < $1M** 22 12 13 89 74 $153 119
NACC > $1M 12 3 4 18 16 $199 161
Tot Plain Local
School District 100 44 75 344 274 $125 121
* Includes Tidewater, Saunton, Enclave and Wentworth
** Includes NACC and The Reserve

2012 could be your year to make a move… let us be part of it! Stay in touch and we’ll do the same! 

Share this post

Recent Posts

Real Estate News in Brief for February 2024

There’s a palpable excitement in the market as the spring selling season nears. The Fed may have kept rates on hold, but the market is expecting interest rate cuts in the near future. After two years of 15–20% pa declines in transaction volumes, there could be a big rush if mortgage rates drop significantly.

Read More »

Get in Touch

Have questions? We’re happy to help. Ask us here and we’ll get back to you right away.

Compare listings


Get Started With A Free, No-Obligation, Market Analysis.

As full-time and fully dedicated real estate agents, our sole focus will be on your sale and your happiness. We will always be a call, email, or text away to advise you as needed.

Get Your Updated Home Value

Where should we send your updated home value?

Anything else we should know?

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.