Picture of ThomasRiddleGroup

ThomasRiddleGroup

Sunny Skies Should Continue in New Albany, Ohio

Home Sales Up 29% YTD in New Albany I just pulled the Year-to-date statistics for home sales in New Albany and was very pleasantly surprised at how strong they are. Through May, 2011, 124 single family homes have sold in the New Albany Plain Local School District versus 96 sold through May in 2010. This is a remarkable 29% increase in homes sold this year over last. TY/LY sales for the Greater Columbus area are down 16%. Need Homes to Sell to Sustain Trend With this leap forward in home sales, and a large inventory of homes currently in contract, New Albany is positioned to have a truly excellent year. The only stumbling block that I see right now is if the low number of homes for sale is not replenished. Inventory levels are off significantly. In order to sustain the current trend, it’s time for the “don’t have to sell, but want to sell” sellers to re-enter the market. If you fit that description or are a “have to sell” seller, then we want to talk with you! Call or email us today.

Home Sales Up 29% YTD in New Albany

I just pulled the Year-to-date statistics for home sales in New Albany and was very pleasantly surprised at how strong they are.  Through May, 2011, 124 single family homes have sold in the New Albany Plain Local School District versus 96 sold through May in 2010.  This is a remarkable 29% increase in homes sold this year over last.  TY/LY sales for the Greater Columbus area are down 16%.

Need Homes to Sell to Sustain Trend

With this leap forward in home sales, and a large inventory of homes currently in contract, New Albany is positioned to have a truly excellent year.  The only stumbling block that I see right now is if the low number of homes for sale is not replenished.  Inventory levels are off significantly.  In order to sustain the current trend, it’s time for the “don’t have to sell, but want to sell” sellers to re-enter the market.   If you fit that description or are a “have to sell” seller, then we want to talk with you!  Call or email us today.

Share this post

Recent Posts

Real Estate News in Brief for February 2024

February 5, 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 »
Explore 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

Compare

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.