Despite what the pundits would have you believe, homes are selling!!! Year to date in New Albany, unit sales are only slightly off of 2007. October was the first month this year where unit sales of single family homes in the Plain Local School system fell significantly below 2007 figures. 20 homes sold during October in New Albany this year versus 29 homes that sold in October 2007. We will continue to watch it and keep you informed of all the changes we see in the market.
Stay tuned…the market will fully recover. That said, it’s important to keep everything in perspective. Let us know if you want to know the value of your home right now. We have some new cool software that gives you a very complete snapshot of what is happening in your neighborhood. We’d love to share it with you. Contact Kate & Tony today.Â
| Â Neighborhood |
Active Listings |
In Contract |
Sold Sep 08 |
Sold YTD Sept 08 |
Sold YTD Sept 07 |
Average $/Sq.Ft |
 Ave. DOM |
| The Preserve | 21 | 1 | 2 | 23 | 34 | Â $Â Â Â 109 | 138 |
| Albany Park | 10 | 0 | 0 | 7 | 13 | Â $Â Â Â 116 | 146 |
| Windsor | 9 | 3 | 0 | 9 | 9 | Â $Â Â Â 114 | 90 |
| Hampsted Village | 21 | 10 | 6 | 44 | 24 | Â $Â Â Â 119 | 121 |
| New Albany Links | 36 | 6 | 4 | 28 | 24 | Â $Â Â Â 119 | 150 |
| Tidewater/Enclave * | 9 | 0 | 0 | 5 | 4 | Â $Â Â Â 158 | 238 |
| NACC < $1 million | 65 | 5 | 3 | 49 | 57 | Â $Â Â Â 156 | 170 |
| NACC > $1 million | 35 | 3 | 2 | 17 | 18 | Â $Â Â Â 222 | 230 |
| Total Plain Local School District |
267 | 36 | 20 | 239 | 238 | Â $Â Â Â 133 | 145 |
*Includes Tidewater, Saunton, Enclave, & Wentworth
All data compiled is from the Columbus Board of Realtors YTD October 2008 MLS.