Is The New Albany Country Club, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The New Albany Country Club has remained a Seller's Market.
Key Takeaway
The New Albany Country Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The New Albany Country Club, OH
How much do homes in The New Albany Country Club, OH cost?
Median Sold Price
$1,212,500
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The New Albany Country Club have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in The New Albany Country Club was $1,212,500 in April 2024, up 5.4% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $825K | - | N/A |
| 2 Bedrooms | - | $707.5K | N/A |
| 3 Bedrooms | $883.9K | $1.0M | +16.5% |
| 4 Bedrooms | $999.9K | $1.1M | +17.4% |
| 5+ Bedrooms | $1.4M | $1.7M | +19.2% |
Summary: The New Albany Country Club housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 19.2%.
Housing Supply in The New Albany Country Club, OH
How many homes are available in The New Albany Country Club, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Summary: The The New Albany Country Club real estate market had 19 homes for sale in April 2024, a 26.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The The New Albany Country Club housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The New Albany Country Club, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in The New Albany Country Club in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for The New Albany Country Club, OH
How long does it take to sell a home in The New Albany Country Club, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 2 Days | 3 Days | +23.5% |
Summary: Homes in The New Albany Country Club had an average of 3 days on market in Apr 2024, up by 23.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The New Albany Country Club are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in The New Albany Country Club; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.