Albany Market Trends


Median Sales Price in Albany

 

1 yr 5 yr Max
Albany median sales prices
Number of sold homes in Albany
No. Bedrooms Jul - Oct '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $146,000 -0.7% $174,000 $147,000 $165,500
3 bedrooms $168,000 -1.2% $168,000 $170,000 $186,000
4 bedrooms $176,500 -14.3% $177,500 $206,000 $196,500
All properties $165,000 -6.9% $170,000 $177,250 $178,000
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Summary for Albany


The median sales price for homes in Albany NY for Jul 14 to Oct 14 was $165,000. This represents a decline of 2.9%, or $5,000, compared to the prior quarter and a decrease of 6.9% compared to the prior year. Sales prices have depreciated 7.3% over the last 5 years in Albany. The average listing price for Albany homes for sale on Trulia was $270,598 for the week ending Oct 22, which represents a decline of 0.8%, or $2,100, compared to the prior week and an increase of 0.3%, or $930, compared to the week ending Oct 01. Average price per square foot for Albany NY was $124, a decrease of 7.5% compared to the same period last year. Popular neighborhoods in Albany include Campus Area, Delaware Avenue, Pine Hills, Buckingham Lake - Crestwood, New Scotland, and Center Square.

Average Listing Price in Albany

 

Albany average property price
Albany – number of properties
No. Bedrooms Week ending
Oct 22
w-o-w Week ending
Oct 15
Week ending
Oct 8
Week ending
Oct 1
1 bedroom $152,930 0.0% $152,930 $156,535 $163,225
2 bedrooms $161,912 +1.2% $159,946 $165,048 $158,406
3 bedrooms $201,002 -1.6% $204,373 $199,947 $198,473
4 bedrooms $322,763 +2.5% $314,756 $310,626 $310,729
All properties $270,598 -0.8% $272,698 $269,653 $269,668
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Average Price Per Sqft. for Homes in Albany

 

1 yr 5 yr Max
Albany average price per square foot
No. Bedrooms Jul - Oct '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $126 -2.3% $161 $129 $140
3 bedrooms $126 -6.7% $137 $135 $139
4 bedrooms $118 -10.6% $115 $132 $131
All properties $124 -7.5% $138 $134 $139
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Popular Neighborhoods in Albany


Neighborhoods Week ending
Oct 22
w-o-w Week ending
Oct 15
Week ending
Oct 8
Campus Area 1 +2 3 2
Delaware Avenue 2 +2 4 3
Pine Hills 3 -1 2 4
Buckingham Lake - Crestwood 4 -3 1 1
New Scotland 5 +4 9 10
Center Square 6 -1 5 5
Homes for Sale in Albany
View all Albany Homes for Sale