The Hampsted Communities are comprised of 3 distinct neighborhoods, all connected by walking paths. Hampsted is considered by many to be the most conveniently located of all the New Albany neighborhoods. It’s an easy walk or bike ride to the central school campus, the community aquatic center and park, as well as local shopping and restaurants.
1st Quarter Results Encouraging Despite a 25% reduction in the number of homes available for sale in New Albany, 1st quarter unit sales were up 5% over last year. There are currently fewer than 90 homes and condos for sale in the New Albany Plain Local School District. This represents less than a 5 month supply of homes based on the rate of sale for March. This definitely qualifies our current market as...
It’s Officially a Seller’s Market! Sales of single family homes in New Albany in 2012 exceeded 350 units for the first time in 7 years. 360 homes sold in New Albany this year compared to 344 homes sold last year. 2005 was the last year New Albany saw home sales in this range when 368 homes sold. These numbers are hard to believe since inventory levels have remained at their lowest...
Its Officially a Sellers Real Estate Market in New Albany! Sales of single family homes in New Albany in 2012 exceeded 350 units for the first time in 7 years. 360 homes sold in New Albany this year compared to 344 homes sold last year. 2005 was the last year New Albany saw home sales in this range when 368 homes sold. These numbers are hard to believe since inventory levels have remained at their lowest...
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...
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...
New Albany, OH Market Update
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