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Albany Real Estate Sales Data for All Home Types in Jul 2018

Median Sales Price
$599,000
Jul 2017 (YOY)
$925,000 -54.4%

Jun 2018 (MOM)
$850,000 -41.9%
Avg Cost Per Foot
$691
Jul 2017 (YOY)
$697 -0.8%

Jun 2018 (MOM)
$820 -18.7%
Jul 2018 Jul 2017 Jun 2018
Total Sales 11 11 0.0% 13 -18.2%
Average Sold Price $775,864 $843,359 -8.7% $843,538 -8.7%
Median DOM 18 14 22.2% 13 27.8%
Avg Listing/Sales Ratio 111% 112% -0.7% 117% -5.4%
The charts below represent the current state of the real estate market in Albany. I created these charts to answer the question I hear a lot, "How is the real estate market in Albany".

Market Sales Rate (All Home Types)

The market sales rate, or absorption rate is based on the total number of homes for sale, divided by the total sold in the same time period. This chart shows whether we are in a "buyers Market" or "Sellers Market".

Market Price trends (All Home Types)

The market price trend chart shows the median selling prices over time.

All Home Types Market Activity - Monthly Active, Pending and Sold Activity

The market inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each montha and sold each month.
Date Median Price DOM Avg $/sqft Sales Ratio
2018-07 $599,000 18 $691 111.01%
2018-06 $850,000 13 $820 116.98%
2018-05 $824,000 14 $815 121.92%
2018-04 $783,389 13 $796 115.66%
2018-03 $849,500 15 $868 115.92%
2018-02 $849,000 15 $874 119.47%
2018-01 $1,450,000 18 $841 105.52%
2017-12 $1,090,000 14 $720 110.01%
2017-11 $584,500 13 $643 112.45%
2017-10 $712,000 15 $661 110.41%
2017-09 $861,500 14 $691 114.40%
2017-08 $715,000 15 $736 113.99%
2017-07 $925,000 14 $697 111.74%

Complete Residential Inventory

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 1 $475,000 $475,000 745 $637 $638
2 3 $588,000 $585,000 1,186 $476 $495
all 4 $583,500 $557,500 1,076 $508 $531
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
1 1 $475,000
2 3 $588,000
all 4 $583,500

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 3 $775,000 $808,000 1,169 $678 $691
3 1 $869,000 $869,000 1,464 $593 $594
4 1 $1,299,000 $1,299,000 2,068 $628 $628
all 5 $869,000 $918,400 1,408 $628 $659
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
2 3 $775,000
3 1 $869,000
4 1 $1,299,000
all 5 $869,000

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built New Listings Total Listings
Top/First $950,000 1,573 10 1920 0 3 Most Expensive 25% of properties
Upper/Second $737,000 1,160 11 1943 1 2 Upper-middle 25% of properties
Lower/Third $588,000 1,162 93 1981 0 2 Lower-middle 25% of properties
Bottom/Fourth $527,000 990 16 1981 0 2 Least expensive 25% of properties
This is a condensed table. Please view this website on a larger screen to see full details
Quartile Median Price Total Listings
Top/First $950,000 3
Upper/Second $737,000 2
Lower/Third $588,000 2
Bottom/Fourth $527,000 2
Intero Real Estate Services, Inc.
a Berkshire Hathaway affiliate

5960 Stoneridge Dr
Pleasanton, CA 94588
Phone: 888.422.9991
Email: trangsf@gmail.com
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Albany homes for sale

8

1 New | 0 REO
0 Price Change | 1 Back on Market
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