Tag Archives: New Albany Real Estate

Look For Thomas & Company in the Upcoming New Albany Founder’s Day Parade!

CalendarWhat an honor! We recently found out that we have been given the opportunity to walk in the New Albany Founder’s Day Parade on May 16!

This local parade is a time-honored tradition here in New Albany and so we are humbled that we get a chance to be a part of it.

Continue reading to learn more about this upcoming parade and what you can expect to see if you attend!

The 411 on the Upcoming New Albany Parade

Held every year, the New Albany Founder’s Day celebrates the inception of our incredible community.

Founded in 1837, the Village of New Albany has seen immense growth in the last two decades in particular as local leaders have focused on making this a great place to not only live but also to work and play as well. The Village became a City in 2011!

This year’s event (which, by the way, marks the 40th anniversary) will actually kick off with a mini-concert by the New Albany Chorus at Main Street and High Street.

Then, the parade starts at 11 a.m. Parade floats enter at Dublin-Granville Road and Morgan Road, although probably the best place to stand as a spectator will be Main Street and High Street because a parade emcee booth will be located there.

Check out this online map for a look at the complete parade map and to plan your excursion on Founder’s Day.

Ultimately, the parade will end at the New Albany 2-5 Elementary School at 87 North High Street.

This year is sure to be a stand-out one, especially given all of the sponsors that have contributed to bring the parade to life. These companies include The City of New Albany, New Albany Chamber of Commerce, Plain Township, New Albany-Plain Local Schools, Chi Thai Restaurant and Mint Family Dental.

Meanwhile, Robert & Debbie Dean will serve as the 2015 Parade Grand Marshals.

Here a quick recap of the most important details you should know:

  • When: 10:45 a.m. for the mini-concert, 11 a.m. for the parade
  • Where: Main Street and High Street
  • More Information: Visit The Founders Day Site.  And once again, you can also view the Parade Route map.

We Hope To See You at the Parade on May 16!

We hope you have a chance to check out the Founder’s Day festivities (including the parade!) on May 16. We think it’s sure to be a fun and memorable day for the whole family!

If you do end up attending and you see us, please be sure to wave Hello. We would be thrilled to see you.

And remember: As your dedicated New Albany real estate experts, we always enjoy the opportunity to help people realize their dreams on the real estate market. So contact us today if you’re considering buying or selling a New Albany area home anytime soon, make sure to contact us for assistance.

Until next time,

Thomas & Company

Now is a Great Time to Be a New Albany Home Seller!

Home SellingIf you’ve been thinking lately about entering the market anytime soon as a home seller in New Albany, I am here to tell you that recent market activity suggests that now is a great time to do so!

According to a recent article I was reading, home sales decreased 2.1 percent in central Ohio in 2014 compared with 2013.

While this might seem like bad news if you’re a seller, the overall market appeared to favor home sellers.

Continue reading to learn more!

A Closer Look at New Albany Area Home Sales Activity in 2014

Here’s an overview of real estate activity in Central Ohio in the last year, according to the Columbus Realtors trade group:

  • In central Ohio, 26,655 homes were bought/sold, which is 2.1 percent below 2013’s total.
  • Despite the drop, central Ohio’s median sales price increased 5.4 percent to a record $152,900.
  • Meanwhile, homes sold in an average of 67 days on the market, which is the fastest pace on record.
  • Home buyers benefited from continued low mortgage interest, which in turn created more home sales activity on the market.
  • At the end of the year, 7,170 homes were listed for sale in central Ohio, 18 percent below a year earlier.
  • At the current sales pace, that translates to a 3.1-month supply of homes, which is below the six-month supply considered a balanced market.

Meanwhile, here’s an overview of national and statewide real estate trends:

  • Statewide, home sales decreased 1.4 percent from 2013.
  • Still, statewide home prices increased 5 percent.
  • Nationally, home sales decreased 3.1 percent, but prices rose 5.8 percent to the highest level since 2007.
  • First-time buyers accounted for 29 percent of U.S. home sales in 2014, the same as in 2013.
  • The National Association of Realtors forecasts that sales will increase 8 percent in 2015

How Can We Help You With Your New Albany Home Selling Needs?

Please contact us, Kate & Tony Thomas, to further discuss how we can assist you with your home selling goals on the local housing market.

We would love to help you by answering any questions you might have as well as helping to determine the true value of your property.

Until next time,

Kate& Tony

Your New Albany Real Estate Report for February

Home Buying 14The month of January was a bit of a mixed bag for the New Albany real estate market, according to the most recent real estate data.

Evidently, according to market data, the median home sales price as well as the total number of home sales decreased, although the average price per square foot as well as the average listing price increased.

If you’re thinking about entering the housing market anytime soon as a buyer or seller, we recommend
That you continue reading to learn more about the current state of the housing market.

What New Albany Buyers and Sellers Should Know

  • Here’s an overview of recent market activity, based on the most recent market data:
  • Currently there are 175 homes for sale on the market, including 35 in some stage of the foreclosure process.
  • Between November and February, the average price per square foot for New Albany homes was $134, down 20.7 percent compared to the same period last year.
  • Also, the median home sales price was $309,950 based on 54 home sales.
  • Compared to a year ago, the median home sales price has decreased 0.3 percent, or $850.
  • And the number of home sales decreased 8.5 percent.
  • During the week ending on Feb. 11, the average listing price was $637,324, up 4.1 percent from the week before.
  • During that previous week, the average listing price was $611,000.
  • Broken down further, the median sales price for a 2-bedroom home was $147,500
  • The median sales price for a 3-bedroom home was $269,000.
  • And the median sales price for a 4-bedroom home was $361,000

We’ll Help You With Your New Albany Real Estate Needs!

Hopefully you found the above information insightful as a potential New Albany home buyer or seller. It’s important to be up to date on recent market activity because it will help inform your decisions as you navigate the market.

For additional insight on what these numbers mean to you as a buyer or seller – or to enlist our help with ensuring a successful outcome on the market, please don’t hesitate to contact us, Kate & Tony Thomas.

We would love the opportunity to assist you with all of your real estate needs in New Albany!

Until next time,

Kate & Tony

Fall in Love With This Recent New Albany OH Listing!

New Albany HomeSome homes just exemplify luxury from the moment you walk inside and our new listing at 7090 Dean Farm Road is certainly one of those properties!

Listed at $515,000, this home is a steal of a deal when you consider all of the incredible amenities and resources it offers.

Continue reading to learn more!

Why Buyers Fall In Love With This Home!

New Albany Home 2Our home on Dean Farm Road celebrates comfort and style at every turn.

This property, which features 4 bedrooms and 3.2 bathrooms, spans across 2,414 square feet, giving you and your family plenty of room to grow.

When buyers step inside this home, they’ll immediately appreciate the open space, natural lighting and modern decore in this Upper Clarenton home.

Here are some of the other attributes that New Albany buyers can’t seem to get enough of:

  • Large landscaped lot
  • Great outdoor entertaining space
  • Hardwood floors
  • Large kitchen with breakfast area
  • 2-story vaulted ceilings
  • Windows overlooking the backyard and woods

This home also boasts a mezzanine-level master bedroom suite offers a 2-sided fireplace, seating/dressing area, full bath with luxurious soaking tub and double walk-in closets.

Meanwhile, the upper level has a 2nd private bedroom suite, plus the 3rd and 4th bedrooms, which share a full bath.

The finished lower level family room, meanwhile, boasts a trendy wet bar and access to a 2nd lower level with a great workout room and large unfinished storage/utility area. It’s simply incredible!

Oh – and outside, residents will appreciate a 3-stall garage with epoxied floors and handy workbench.

As an added bonus, this home is just minutes to shopping and dining as well as excellent schools within the New Albany Plain Local School District.

Doesn’t This New Albany Home Sound Like a Dream?

New Albany Home 3If you agree, then please contact us, Kate & Tony Thomas, today.

We would love the opportunity to assist you by answering any questions you might have as well as providing you with some valuable insight on this property for sale. We’ll even help schedule a home showing for you.

Until next time,

Kate & Tony

Attention New Albany Buyers: You Simply Must Check Out Our Latest Listing!

Ackerly Farm New Albany Ohio 1If you’re in the market for a luxury New Albany Ohio home for sale, then I highly recommend you take a few moments to learn about our recent listing on the local housing market.

Located at 4585 Ackerly Farm Road, this gorgeous estate home boasts roughly 5,800 square feet of living space, including 5 bedrooms and 5.1 bathrooms.

This means that your family will not only enjoy plenty of room to grow but also plenty of privacy as well.

Listed at $925,000, this incredible home is not likely to stay available for long. Continue reading to learn more!

Countless Reasons to Fall In Love With Our New Albany Listing

Ackerly Farm New Albany Ohio 2The classic farmhouse exterior of this property certainly makes for an eye-catching first impression when you first drive up to this property.

The wonder and amazement continue when you step inside and take note of all the luxury amenities offered. For instance, this property (which is located just blocks from Market Street) boasts an expansive great room, a gorgeous chef’s kitchen with double islands and a stunning first floor owner’s suite.

But the incredible amenities don’t just stop there.

Tour this home and you’re also discover generous-sized walk-in closets, second floor laundry center and extensive trimming throughout.

Other features inside this home include:

  • Grand foyer
  • Built-in shelves
  • Fireplaces
  • Gorgeous private bathrooms

Meanwhile, the outdoor living area is exceptionally low-maintenance and includes a deck with steps to a lovely paver patio and outdoor fireplace – not to mention a built-in gas grill!

And did we mention this home has a three-car garage?

It’s All About Location, Location, Location!

Ackerly Farm New Albany Ohio 3Thanks to this home’s location within the Ackerly Park neighborhood of the New Albany Country Club community, you’ll live conveniently close to schools, the library and restaurants.

Plus, your children will be served by some of the best public schools in the area.

And excellent dining and entertainment options are just moments away as well! Now that’s an incredible location!

Interested in Purchasing This New Albany, OH Home?

If this home sounds like exactly what you and your family have been searching for on the New Albany OH real estate market, then I encourage you to contact us, Kate & Tony Thomas, today.

We’re your dedicated New Albany OH real estate experts and we would love to assist you by answering any questions you may have as well as scheduling a showing of this property.

Until next time,

Kate & Tony Thomas

Why Our Recent New Albany Listing Isn’t Likely to Be Available for Long

Waterson New Albany Home 1What do you think of when you dream of your ideal New Albany home? Perhaps you think of a grandiose entrance that commands respect and attention. Perhaps you think of an open floor plan that gives you and your family plenty of room to grow and live. Perhaps you think of an array of amenities aimed at making your life easier on the New Albany real estate market.

If you think of any of these things, then we recommend you check out our new listing at 7324 Waterston in New Albany.

This gorgeous home, which is currently listed at $1,350,000, boasts 6 bedrooms and 6.2 bathrooms. It’s commanding presence on the local housing market, it’s commitment to the latest and greatest amenities on the inside and it’s fabulous location within New Albany make it a great find that isn’t likely to last long!

What Every Home Buyer Should Know About Our Central Ohio Listing

This 8,070-square-foot home truly has it all. Step inside this home and you’ll immediately be impressed with its oversized rooms, its gourmet kitchen, its generous-sized butler’s pantry in the dining room and its bar off the den.

What’s more, this home is truly the standard-bearer for architectural excellence and design sophistication, especially with its dramatic entranceways and unique floor plan.

Waterson New Albany Home 2Here are some other features about this home that Central Ohio home buyers will love:

  • Convenient mud room on the first floor
  • Laundry room on the second floor
  • 2-room carriage suites over 4-car garage
  • Oversized patio
  • Built-in fire pit

This home is truly an exceptional piece of real estate. It’s easy to imagine a family growing up here and sharing some wonderful memories together. I can even envision some grandparents staying to live there after the kids have left and entertaining a huge extended family on the holidays.

More Reasons to Love This Home

And as if you didn’t need any more reasons to want to relocate here, this home is also served by some high-performing schools within the New Albany Plain Local School District.

What’s more, you’re just a short drive from New Albany Country Club as well as Blendon Woods Metropolitan Park. And all of the shopping and dining you could dream of are just minutes away in nearby Columbus.

Contact Us If You Want to Make This Your Next New Albany Home

Waterson New Albany Home 3Do you think this home would complement your lifestyle well as a prospective New Albany home buyer? If so, then please take a moment to contact us, Kate & Tony Thomas, today.

We would love to help you take those next steps toward making this your next home by first answering any questions you may have and also scheduling a showing of this property for you.

So contact us today and we’ll work hard to make your home buying dream a reality!

Until next time,

Kate & Tony

3 Reasons You’ll Fall in Love With Our Recent New Albany Listing

Stannage New Albany Home 1Standing with great elegance on Stannage Pass, our recent listing on the New Albany real estate market certainly exudes power and prominence.

This home, located at 3994 Stannage Place, is truly magnificent, with a circular driveway, a commanding façade and a spacious lot that offers plenty of privacy.

For these reasons and more, we have selected our recent listing as our home spotlight of the day! Continue reading to learn more about this property!

Home Buyers Fall in Love With Our New Listing for 3 Main Reasons

  • It is located in the exclusive Lambton Park neighborhood, which is beloved for its commitment to a high quality of life.
  • It features a lengthy list of luxury interior amenities, including fully-stocked butler’s pantry and a gorgeous gourmet chef’s kitchen
  • It is zoned for our outstanding public schools within the New Albany Plain Local School District.

Currently listed at $1,970,000, this home features 5 bedrooms and 5.2 bathrooms. Boasting a whopping 10,825 square feet of living space, this home offers its residents plenty of room to live, work and play.

Stannage New Albany Home 2Here are some of the other fantastic amenities that interested home buyers will adore about this home:

  • Breathtaking grand foyer with marble tile floors
  • Curved staircase with dramatic aura
  • Well-designed home library
  • Coffered ceilings
  • Built-in shelving
  • Gas fireplace
  • Subzero and Wolf appliances
  • Cozy breakfast area
  • 1,200 bottle wine room

What’s more, everyone enjoys their own private bedroom suite. And the master suite even boasts its own private deck, luxurious bath and spacious walk-in closet.

Meanwhile, the finished bonus room offers an ideal place for play and recreation.
And thanks to its location on 0.96 acres, you and your family will always enjoy plenty of privacy and tranquility.

What Are You Waiting For? Make This New Albany Home Yours!

Stannage New Albany Home 3If this sounds like the kind of home you’ve been dreaming of, then please contact us, Kate & Tony Thomas, your dedicated New Albany real estate experts.

We would love the opportunity to assist you by answering any questions you may have as well as providing you with some valuable information on this home for sale.

But hurry! For obvious reasons, this home isn’t likely to stay available on the market for long!

Until next time,

Kate & Tony

Your Very First New Albany OH Real Estate Market Report for 2015

Home Buying 16If you’re a prospective New Albany area home buyer, then 2015 is certainly going to be a good year for you!

According to a recent New Albany real estate data report I was reading, the average price per square foot as well as the median sales price are both showing year-over-year decreases.

Translation? Now is a great time to get a great deal on a New Albany home for sale! Continue reading to learn more.

An Overview of the Current State of the New Albany Housing Market

Here’s are the most recent numbers from the local housing market:

  • Currently there are 190 homes for sale on the market, including 37 in some stage of the foreclosure process.
  • Between October and January, the average price per square foot for New Albany was $138, down 20.7 percent from the same period last year.
  • Meanwhile, the median sales price for homes was $318,000 based on 61 home sales.
  • Compared to a year ago, the median home sales price increased 0.2 percent, or $500.
  • And the number of home sales decreased 4.7 percent.
  • Broken down further, the median sales price for 2-bedroom homes here was$236,750.
  • The median sales price for 3-bedroom homes was $280,000.
  • And the median sales price for 4-beedroom homes was $369,500
  • During the week ending on Jan. 7, the average listing price for New Albany homes for sale was $512,556, down 2.5 percent from the week before.
  • During that previous week, the average listing price for homes here was $$525,000.
  • Broken down by size of the home, the average listing price for 2-bedroom homes here was $215,832
  • The average listing price for 3-bedroom homes was $382,8464.
  • And the average listing price for 4-bedroom homes was $476,422

How Can We Help You With Your Next New Albany, OH Purchase?

If you’re thinking about investing in New Albany real estate anytime soon as a home buyer, we invite you to take a moment to contact us, Kate & Tony Thomas, today.

We have years of experience helping home buyers just like you make their dream a reality and we’d be happy to do that for you as well by answering all of your lingering questions and telling you about available listings in New Albany.

We’ll also offer practical and expert advice that you won’t find anywhere else!

Until next time,

Kate & Tony

Report: Central Ohio Home Sales Dropped, Prices Rose in Late 2014

Home Buying 15The end of 2014 certainly seemed to be a bit of a mixed bag in terms of real estate sales activity in New Albany, according to the latest real estate market report.

Evidently, according to the recent story I was reading, Central Ohio home sales decreased in November even as the price of those homes increased.

This is certainly going to impact both home buyers and home sellers differently so we recommend taking a moment to learn more about these recent trends.

A Brief Overview of the End of Year Sales Activity in New Albany Area

Here are the highlights of the recent report on end-of-year sales activity in the Central Ohio area:

  • During the month, 1,682 Columbus-area homes were sold, which is down 10.9 percent from November 2013, according to the Columbus Realtors trade group.
  • Central Ohio sales in 2014 were down 3 percent from last year’s total, which was the second highest on record.
  • The median sales price of a Central Ohio home was $148,000 in November, 7.1 percent higher than a year earlier.
  • Meanwhile, the median sales price is 5.5 percent higher in the Columbus area.
  • Statewide, home sales decreased 5.1 percent in November when compared to a year earlier.
  • But prices were up 5.7 percent statewide.
  • Real estate experts say that although sales were down when compared to last year, they actually are relatively healthy when compared to historic averages.
  • In fact, demand for homes in Central Ohio is strong, especially given how quickly those homes are selling and how high the list-to-sales ratio is.
  • Homes sold in 2014 in Central Ohio have been listed an average of 67 days, which is much fewer than the 90 to 100 considered normal.
  • What’s more, homes have sold this year for 96.8 percent of their final asking price, which is above the typical 92 to 94 percent.
  • By the end of November, 8,332 homes were for sale in Central Ohio, 13.3 percent less than a year ago.
  • At that sales pace, the homes would take 3.6 months to sell, which is much less than the six-month supply considered a healthy balance between buyers and sellers.
  • The number of homes for sale across the country decreased 6.7 percent in November to 2.09 million, a 5.1-month supply at the current sales pace.

Happy to Help You With Your Next New Albany Real Estate Transaction
For more useful information about recent New Albany real estate trends and how they may impact you as a potential home buyer or seller, please contact us, Kate & Tony Thomas, today.

We would love to assist you by answering any questions you may have as well as providing you with valuable resources.

Until next time,

Kate

Million Dollar Home Sales a Major Trend in New Albany, OH

luxury home 3Long known as a premier destination for luxury Central Ohio real estate, New Albany is making the news again for just that!

According to a recent article I was reading, million-dollar houses are becoming an increasingly popular trend on the local housing market.

If you’re in the market for a luxury home with all of the latest and greatest interior features, then I recommend you continue reading to learn more about this trend.

The Luxury Homes You’ll Find in New Albany, Ohio

The recent article I was reading took a look at the top 10 home sales of 2014 in Central Ohio.

These homes, which sold for more than $1 million, featured nothing but the highest quality interior amenities, including pools, enormous closets, paneled libraries, gourmet kitchens and more.

These homes were sold in our beloved community of New Albany as well as nearby communities like Dublin, Delaware County and Upper Arlington.

In all, there were 78 central Ohio homes that sold through the Multiple Listing Service for more than $1 millin, which is the most there’s been since 2006.

Still, it’s quite short of the 93 million-dollar homes sold in 2005.

Here’s a look at this elite subsection of the Central Ohio real estate market:

  • Between 2000 and 2012, New Albany and Dublin accounted for 46 percent of central Ohio’s million dollar sales.
  • During that same period, Bexley and Upper Arlington accounted for less than 19 percent of sales.
  • In the last two years, however, the market share for million dollar homes in New Albany and Dublin has actually dropped – to 27 percent.
  • Meanwhile, Upper Arlington and Bexley’s shares have doubled to 36 percent.
  • Experts say that this shift demonstrated home buyer preference in pre-World War II mansions versus newer homes. It also highlights a desire to live in mature neighborhoods.
  • Upper Arlington accounted for a lot of the recent growth in luxury home sales. After all, in the last two years, 36 homes have sold for more than $1 million in the city, compared with only 4 two years ago.
  • During the last two years, home values have increased 16.5 percent in Upper Arlington and 16.8 percent in Bexley. Prices have increased 14.3 percent in Grandview Heights and 21.7 percent in Worthington.
  • Meanwhile, during that same period, prices increased 7.7 percent in Dublin, 9.8 percent in New Albany and 9.3 percent in Powell.

Experts say that this trend toward luxury homes in the suburbs can partially be credited to the fact that more people are desiring more space, comfort and privacy for their loved ones.

And suburbs like New Albany give residents the best of both worlds. After all, not only are residents enjoying that level of privacy and comfort but they’re also fairly close to jobs as well as stores and entertainment.

What Do You Think About This Recent Report on Luxury Real Estate?

I would love to hear your thoughts.

We believe knowledge is power here on the local housing market and thus, we are constantly striving to provide you with the most up-to-date information on trends in the area.

If you would like to take that a step forward by actually working directly with a real estate agent as you navigate the market, then please contact us, Kate & Tony Thomas, today.

We would be more than happy to assist you by answering any questions you might have as well as providing you with some fantastic home buying tools.

Until next time,

Kate & Tony

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