Tag Archives: new albany neighborhoods

Check Out These Incredible New Albany Neighborhoods

Over the last several weeks, we’ve been telling you about New Albany’s various residential communities.

From the New Albany Country Club communities to those in New Albany Links, there is clearly something for everyone on this Central Ohio real estate market!

Today, we would like to tell you about a few additional residential communities located within this city – each with its own distinctive claim to fame.

Central Ohio Homes for Sale

Here are a few additional communities that you may consider looking at as a New Albany, Ohio home buyer:

Albany Park: This single-family home community was originally developed by Dominion Home. Albany Park consists of 120 homes, all of which offer spacious bedrooms, beautifully landscaped backyards and more!

  • Price Range: $200,000 to $325,000
  • Square Footage Range: 2,000 to 3,000

Ashbury Ridge: This New Albany neighborhood is comprised of more than 175 homes, all of which were developed by M/I homes. Although this community has a Gahanna zip code, it is served by the New Albany School District. Homes in Ashbury Ridge feature lovely fireplaces, large backyard decks, spacious walk-in closets and more!

  • Price Range: $150,000 to $250,000
  • Square Footage Range: 1,500 to 2,500

Chestnut Hill: With nearly 100 homes – all of which built between 1992 and 1994 – Chestnut Hill is an established and well-respected New Albany neighborhood. This community is served by the New Albany Plain Local School District. Homes in this community feature dramatic entryways, two-car garages and beautiful interior fixtures.

  • Price Range: $200,000 to $275,000
  • Square Footage Range: 1,500 to 2,500

Preston Commons: Technically located in Westerville, Preston Commons features darling homes for sale – all of which offer plenty of room to grow!

  • Price Range: $200,000 to $300,000
  • Square Footage Range: 2,000 to 2,500

Your Central Ohio Real Estate Expert

If you’re interested in learning about any of these unique New Albany residential communities, then please contact us, Kate & Tony Thomas, today!

We’ll provide you with even more details about the kinds of homes you’ll find in these communities as well as tell you about any available listings.

And if you want, you can even get your home search started right away by checking out our easy-to-use New Albany home-buying tools, one of which allows you to search by price range:

Until next time,

Kate & Tony

Become a Resident of One of New Albany, Ohio’s Many Fine Country Clubs!

When people think of New Albany, Ohio, one of the first things that pops into their mind is the incredible number of premiere country clubs in the area!

New Albany is home to a wide selection of country clubs – all of which appeal to certain interests and family sizes.

Today, I’d like to tell you about these New Albany country club communities around here and what they have to offer interested Central Ohio home buyers like you!

Central Ohio Country Clubs in New Albany, OH

Perhaps one of the most interesting facts about the New Albany Country Club community is that they’re all connected by an extensive leisure path system.

Seventeen of these communities surround the 27-hole Jack Nicklaus golf course of the New Albany Country Club.

These communities feature more than 1,000 custom homes, which range from $500,000 to $2 million.

Below, you’ll find a list of the neighborhoods that comprise the New Albany Country Club communities, as well as the price range and square footage range for each.

  • Ackerly Park
    • $145,000 – $165,000
  • Alban Mews
    • $500,000 – $750,000
    • 2,750 – 4,000 sq. ft.
  • Ashton Grove
    • $400,000 – $650,000
    • 2,750 – 4,000 sq. ft.
  • Brandon
    • $500,000 – $800,000
    • 3,000 – 4,500 sq. ft.
  • Clivdon
    • $750,000 – $2,000,000
    • 3,500 – 7,000 sq. ft.
  • Ealy Crossing
    • $600,000 – $1,500,000
    • 3,000 – 4,500 sq. ft.
  • Edge of Woods
    • $850,000 – $2,000,000
    • 4,000 – 7,000 sq. ft.
  • Fenway
    • $500,000 – $1,750,000
    • 3,500 – 7,000 sq. ft.
  • Hawksmoor
    • $1,000,000 – $2,000,000
    • 3,500 – 7,000 sq. ft.
  • Keswick
    • $400,000 – $650,000
    • 2,750 – 3,000 sq. ft.
  • Lambton Park
    • $750,000 – $2,500,000
    • 4,000 – 8,000 sq. ft.
  • Lansdowne
    • $500,000 – $800,000
    • 3,000 – 4,000 sq. ft.
  • North of Woods
    • $450,000 – $900,000
    • 2,750 – 4,500 sq. ft.
  • Pembrooke
    • $600,000 – $1,000,000
    • 3,500 – 6,000 sq. ft.
  • Pickett Place
    • $450,000 – $650,000
    • 2,750 – 4,000 sq. ft.
  • Planters Grove
    • $400,000 – $750,000
    • 2,750 – 4,500 sq. ft.
  • Richmond Square
    • $350,000 – $500,000
    • 2,250 – 2,500 sq. ft.
  • Tensweep
    • $1,000,000 – $2,500,000
    • 5,000 – 8,000 sq. ft.
  • The Crescent
    • $750,000 – $2,000,000
    • 3,500 – 6,000 sq. ft.
  • The Farms
    • $1,000,000 – $9,000,000
    • 5,000 – 10,000 sq. ft.
  • The Reserve
    • $500,000 – $1,000,000
    • 3,000 – 4,500 sq. ft.
  • Tiverton
    • $450,000 – $900,000
    • 2,750 – 4,500 sq. ft.
  • Upper Brandon
    • $750,000 – $2,000,000
    • 4,000 – 6,000 sq. ft.
  • Upper Fenway
    • $400,000 – $800,000
    • 3,000 – 4,000 sq. ft.
  • Waterston
    • $800,000 – $1,500,000
    • 3,500 – 6,000 sq. ft.
  • Wiveliscombe
    • $900,000 – $1,500,000
    • 4,000 – 6,000 sq. ft.

Investing in New Albany, Ohio Real Estate

If you’re interested in learning more about any of the neighborhoods that comprise the New Albany Country Club community, then please contact us, Kate & Tony Thomas.

We’ll tell you about some of the recreational amenities offered at each, what homes are selling for in any particular community as well as what homes are currently listed on the New Albany real estate market.

If, however, you’d prefer to search for available listings by price range instead of specific neighborhood, we have a tool for that too!

Until next time,

Kate & Tony

New Albany Country Club Real Estate Market Report

The New Albany Country Club is a stunning residential community made up of several unique neighborhoods, all of which are connected by a nature trail system.

There are seventeen distinctive communities that comprise the New Albany Country Club, all of which provide residents with incredible views of the 27-hold Jack Nicklaus golf course.

These neighborhoods showcase a wide range of prices and square footage and include:

 

  • Alban Mews $500,000 – $750,000; 2,750 – 4,000 sq. ft.
  • Ashton Grove $400,000 – $650,000; 2,750 – 4,000 sq. ft.
  • Clivdon $750,000 – $2,000,000; 3,500 – 7,000 sq. ft.
  • Fenway $500,000 – $1,750,000; 3,500 – 7,000 sq. ft.
  • Hawksmoor $1,000,000 – $2,000,000; 3,500 – 7,000 sq. ft.
  • Planters Grove $400,000 – $750,000; 2,750 – 4,500 sq. ft.
  • Richmond Square $350,000 – $500,000; 2,250 – 2,500 sq. ft.
  • The Reserve $500,000 – $1,000,000; 3,000 – 4,500 sq. ft.
  • Upper Fenway $400,000 – $800,000; 3,000 – 4,000 sq. ft.
  • Waterston $800,000 – $1,500,000; 3,500 – 6,000 sq. ft.
  • Wiveliscombe $900,000 – $1,500,000; 4,000 – 6,000 sq. ft.
  • And others!

However, these price ranges are just an average.  To see how much these homes are currently selling for, continue reading to learn more!

New Albany Country Club Properties for Sale

Here’s an overview of real estate market activity in the New Albany Country Club, based on the most recent data from real estate website Trulia.

  • Right now there are 56 resale and new homes on the market, including 5 homes in the pre-foreclosure, auction or bank-owned stages.
  • Between August and October, the median sales price for a New Albany Country Club home was $730,100, which represents less than a 1 percent decrease when compared to last year.
  • Last year, the median sales price was $736,500.
  • During that same period, the average price per square footage in this Ohio neighborhood was $162, which is equal to last year.
  • During the week ending on Nov. 2, the average listing price for a New Albany Country Club home was $922.800.
  • Comparatively, during that same week, the average listing price for all New Albany homes was $394,553.

Find Your Dream New Albany Home Today!

I hope you found the above information helpful as a New Albany home buyer.  If you’d like further assistance in analyzing the numbers and figuring out how it affects you, then contact us, Kate and Tony Thomas, today.

We’ll be happy to help you navigate the New Albany real estate market by providing you with expert advice as well as an array of helpful home buying tools.

We even have a state-of-the-art home search feature that allows you to search homes in specific price ranges:

Until next time,

Kate & Tony

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.

Not Enough Homes for Sale in New Albany, Ohio!

Hard to believe but true…

There are simply not enough homes available for sale in the New Albany Plain Local School District.  New Albany real estate inventory levels are at record lows – off almost 40% from this time last year.  Prices are stabilizing and buyers are looking.  I have to say, if you’ve been on the fence about selling, this would be the time to get your New Albany home on the market.

 Low Inventory in all Neighborhoods

Consider the following figures which point out how low the inventory is in each neighborhood we regularly track:

Neighborhood # Homes
For Sale
Total Homes In
Neighborhood 
 % to
 Total
The Preserve 9 609 1.5%
Albany Park 3 193 1.5%
Windsor 2 156 1.3%
Hampsted Village 16 675 2.3%
New Albany Links* 21 495 4.2%
New Albany Country Club 66 1094 6.0%
Total 117 3222 3.6%

At the peak of the market we often had 10% of the total number of homes in a neighborhood on the market.  Don’t delay if you, or someone you know is interested in selling their home.  The spring market has begun!  Contact Kate or Tony at 614-939-1234 or katet@newalbanyrealty.com to discuss potential marketing and pricing strategies for your New Albany home in this current market.

*Includes Upper Clarenton. **Data is obtained from the Columbus Board of Realtors MLS and may not include all activity in the real estate market.

Search the MLS Yourself!

New Albany Home Buyers Eliminate Many Homes For Sale

I recently read a blog article by Linda Craft, a member of our CKG Coaching Network, that really resonated with me.  I want to share a few of the high points.  Home buyers shop for a home differently than most sellers think.  Our Greater Columbus real estate market tends to favor buyers.  As a result, today’s Buyers are looking to eliminate houses they view instead of choose them.  

Eliminate a Home versus Choose a Home 

Today’s buyer has many choices of homes to choose from and has the ability to preview as many as their time allows.  Using the internet, buyers can preview and “eliminate” hundreds of homes for sale.  As they view these homes, they are looking for reasons to eliminate it from their list.  The reasons are varied – they may think it needs too much work, is too small, don’t like the color it’s painted, etc.  The reality is that the house may be a good fit for them and the reason they choose to eliminate it from the list could be easily rectified.  

So What Are Buyers of New Albany Homes Looking For?

 Today’s Buyer will continue their search for the “perfect” house – the one they don’t need to do anything to but move right in. They prefer updated finishes in the kitchen, baths, and choice of home hardware.  They prefer neutral décor, brightly lit and uncluttered rooms. 

When preparing to list a home, Kate & Tony provide Sellers with a complimentary consultation with a professional stager to help make the home “buyer ready.”  We want to give buyers looking at your home a reason to choose and not eliminate. To discuss preparing your home for in more detail, just contact Kate & Tony Thomas, your New Albany real estate experts at info@newalbanyohio.com.

New Albany Ohio Real Estate – 2010 Recap

New Albany Beats the Averages!

You don’t have to look too hard for some encouraging real estate news in New Albany from last year.  Overall, prices stabilized and unit sales were up 13% over the 2009 numbers versus a 5% decrease in unit sales in the entire Columbus Board of Realtors.  As you will see in the chart below, some neighborhoods faired a little better than others.  The New Albany Links and New Albany Country Club communities significantly improved in units sold but lost a little ground in sales prices while The Preserve and Albany Park saw improvement in sales prices. 

It’s early to predict where 2011 will take us but there appears to be some good pent-up demand by both Buyers and Sellers based on the number of phone calls that Tony and I are receiving.  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 low compared to previous years.  As a buyer, prices and interest rates remain low (though showing signs of increasing).  Call us to discuss your particular situation.  The chart below is the Year End results for New Albany, Ohio.  If your neighborhood is not included, just let us know.  We will send you the comparable information for your neighborhood. 

New Albany 2010 Year End Review

                 
Neighborhood Active In Sold Sold Sold Ave ’10 Ave ’09 Ave
  Listings Contract Dec ’10 2010 2009 $/Sq Ft $/Sq Ft DOM
The Preserve 16 2 26 31 $103 $103 79
Albany Park 1 2 3 5 9 $104 $101 83
Windsor 7 2 2 12 7 $103 $108 70
Hampsted 13 3 2 30 35 $111 $115 83
NA Links 25 4 1 40 29 $110 $122 133
New-CCollege* 7 0 0 8 3 $128 $138 342
NACC < $1M** 54 9 5 74 62 $147 $150 151
NACC > $1M 24 1 1 17 10 $208 $220 260
Tot Plain Local                
School District 187 28 20 289 254 $119 $118 131
                 
*    Includes Tidewater, Saunton, Enclave and Wentworth        
**  Includes NACC and The Reserve            
                 

Stay in touch and we’ll do the same!  Kate & Tony Thomas

October 2008 YTD New Albany Real Estate Market Update

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. 

 
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  $    109 138
Albany Park 10 0 0 7 13  $    116 146
Windsor 9 3 0 9 9  $    114 90
Hampsted Village 21 10 6 44 24  $    119 121
New Albany Links 36 6 4 28 24  $    119 150
Tidewater/Enclave * 9 0 0 5 4  $    158 238
NACC < $1 million 65 5 3 49 57  $    156 170
NACC > $1 million 35 3 2 17 18  $    222 230
Total Plain Local
School District
267 36 20 239 238  $    133 145

*Includes Tidewater, Saunton, Enclave, & Wentworth

All data compiled is from the Columbus Board of Realtors YTD October 2008 MLS.

2008 New Albany Home Sale Statistics – Not the picture the media would have you believe!

As I was reading the “Business Page” of the Columbus Dispatch on Tuesday, I was struck once again, with how totally local real estate actually is. The article I was reading indicated that the decline of sales in Columbus was not as bad as those reported by the Ohio Association of Realtors for the entire state of Ohio. I decided to take it one step further and look at New Albany specifically. The Ohio Association of Realtors reported that sales declined by 9.6% in Ohio and the Columbus Board of Realtors reported a 5.8% decline in home sales in February. New Albany unit sales in February were actually up slightly over 2007 and year to date are only 2 units off the 2007 pace. I’m not saying that we have seen the end of this challenging market but there is some good news and I think it’s important to share it!

New Albany Neighborhoods