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Albany Home Values and Market Report

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Report prepared by Capitalregionteam.com The Capital Region Team at Compass
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Market at a glance

Over the last 12 months, homes sold for 100.0% of list price in 37 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $312K Sold · $315K
$390K$350K$310K$270K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 108 sales in Dec. Last month: 74.

Where the market stands

All homes in this report, by status.

1,399homes
Active283 · 20%
Under contract206 · 15%
Sold (12 mo)910 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$562K
Under contract$319K
Sold$313K

Average days on market

Active54 days
Under contract54 days
Sold37 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 283
Average list price $562,028
Avg. days on market 54 days
Avg. price per ft² $153
Avg. living area 4,467 ft²
Avg. beds / baths 5.2 / 3.0

Charts and listings below cover the 250 highest-priced of 283 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

7 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 239 homes plotted, up to $6M and 60,000 ft².

0 ft²20,00040,00060,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

49 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

611 Bedford Square$522
337 Central Avenue$446
2 Spring Street$365
261 Central Avenue$361
70 Orchard Avenue$336
355 State Street #3ER$302
86 Benson Street Street$300

Active listings (250 of 283)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
145 State StreetAlbany, NY 12207 ———$10,899,000—78 days
201 Park AvenueAlbany, NY 12202 ——64,934$8,490,000$13094 days
725 BroadwayAlbany, NY 12207 ——87,616$8,489,000$9614 days
3 Watervliet Avenue ExtensionAlbany, NY 12206 ——115,304$8,000,000$69218 days
99 Pine StreetAlbany, NY 12207 ———$4,450,000—97 days
747 Madison AvenueAlbany, NY 12208 ——23,408$3,800,000$16217 days
9 Washington SquareAlbany, NY 12205 —1333,130$3,199,000$9651 days
32 N Russell RoadAlbany, NY 12205 ——65,309$2,900,000$44380 days
611 Bedford SquareAlbany, NY 12203 584,592$2,399,000$52213 days
162-170 Jefferson StreetAlbany, NY 12210 101110,000$2,300,000$23087 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Capitalregionteam.com The Capital Region Team at Compass

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©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated