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

Median Sales Price
$728,500
Sep 2017 (YOY)
$861,500 Downtrend -18.3%

Aug 2018 (MOM)
$777,000 Downtrend -6.7%
Avg Cost Per Foot
$671
Sep 2017 (YOY)
$691 Downtrend -3.0%

Aug 2018 (MOM)
$719 Downtrend -6.7%
Sep 2018 Sep 2017 Aug 2018
Total Sales 8 10 Downtrend -20.0% 14 Downtrend -42.9%
Average Sold Price $713,238 $845,800 Downtrend -15.7% $758,714 Downtrend -6.0%
Median DOM 15 13.5 Uptrend 11.1% 17 Downtrend -11.8%
Avg Listing/Sales Ratio 110% 115% Downtrend -4.4% 115% Downtrend -4.7%
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
2018-09 $728,500 15 $671 109.75%
2018-08 $777,000 17 $719 115.14%
2018-07 $599,000 18 $691 111.15%
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 $868 115.67%
2018-02 $849,000 15 $874 119.47%
2018-01 $1,450,000 18 $841 97.43%
2017-12 $1,090,000 14 $720 110.01%
2017-11 $584,500 13 $643 113.63%
2017-10 $712,000 15 $661 110.68%
2017-09 $861,500 14 $691 114.81%

Complete Residential Inventory

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
1 2 $435,000 $435,000 743 $585 $585
2 7 $565,000 $565,143 1,126 $494 $504
all 9 $549,000 $536,222 1,041 $514 $522
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
1 2 $435,000
2 7 $565,000
all 9 $549,000

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 5 $799,000 $781,200 933 $823 $840
3 2 $950,000 $950,000 1,367 $696 $696
4 1 $1,199,000 $1,199,000 2,068 $579 $580
all 8 $854,500 $875,625 1,183 $796 $772
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
2 5 $799,000
3 2 $950,000
4 1 $1,199,000
all 8 $854,500

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 1,377 9 1922 2 5 Most Expensive 25% of properties
Upper/Second $699,000 923 9 1937 2 4 Upper-middle 25% of properties
Lower/Third $570,000 1,154 8 1984 2 4 Lower-middle 25% of properties
Bottom/Fourth $505,000 910 37 1984 0 4 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 5
Upper/Second $699,000 4
Lower/Third $570,000 4
Bottom/Fourth $505,000 4
Intero Real Estate Services, Inc.
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Email: trangsf@gmail.com
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Albany homes for sale

16

6 New | 0 REO
1 Price Change | 0 Back on Market
Browse Albany Homes