Market report, updated

Market Report

Search in the city of Albany

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

Over the last 6 months, homes sold for 100.6% of list price in 30 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.

Sold tab (last 6 months) Earlier

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

Where the market stands

All homes in this report, by status.

940homes
Active291 · 31%
Under contract203 · 22%
Sold (6 mo)446 · 47%

Buyer's or seller's market?

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

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$559K
Under contract$320K
Sold$322K

Average days on market

Active57 days
Under contract54 days
Sold30 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 291
Average list price $559,086
Avg. days on market 57 days
Avg. price per ft² $154
Avg. living area 4,505 ft²
Avg. beds / baths 5.2 / 3.0

Charts and listings below cover the 250 highest-priced of 291 homes.

Price vs. living area

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

6 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: 240 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.

47 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$300

Active listings (250 of 291)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
145 State StreetAlbany, NY 12207 ———$10,899,000—81 days
201 Park AvenueAlbany, NY 12202 ——64,934$8,490,000$13097 days
725 BroadwayAlbany, NY 12207 ——87,616$8,489,000$9617 days
3 Watervliet Avenue ExtensionAlbany, NY 12206 ——115,304$8,000,000$69221 days
99 Pine StreetAlbany, NY 12207 ———$4,450,000—100 days
747 Madison AvenueAlbany, NY 12208 ——23,408$3,800,000$16220 days
9 Washington SquareAlbany, NY 12205 —1333,130$3,199,000$9654 days
32 N Russell RoadAlbany, NY 12205 ——65,309$2,900,000$44383 days
611 Bedford SquareAlbany, NY 12203 584,592$2,399,000$52216 days
162-170 Jefferson StreetAlbany, NY 12210 101110,000$2,300,000$23090 days
Capitalregionteam.com

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