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Albany Market Trends

Today, November 24, 2009

Median Sales Price in Albany

Embed Info
1 yr 5 yr Max
Albany median sales prices
Number of sold homes in Albany
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$165,250+9.8%$162,200$150,500$130,000
3 bedrooms$171,000-3.7%$175,500$177,500$145,000
4 bedrooms$184,000+0.6%$193,000$182,954$155,000
All properties$168,250-1.0%$170,500$170,000$143,000
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Albany Summary

The median sales price for homes in Albany NY for Aug 09 to Oct 09 was $168,250. This represents a decline of 1.3%, or $2,250, compared to the prior quarter and a decrease of 1% compared to the prior year. Sales prices have appreciated 17.7% over the last 5 years in Albany.

The average listing price for Albany homes for sale on Trulia was $209,369 for the week ending Nov 18, which represents a decline of 7.4%, or $16,636, compared to the prior week and a decline of 11.8%, or $27,986, compared to the week ending Oct 28. Average price per square foot for Albany NY was $119, an increase of 5.3% compared to the same period last year. Popular neighborhoods in Albany include Center Square, Buckingham Lake - Crestwood, Campus Area, Central Avenue, Pine Hills, and New Scotland.

 

Average Listing Price in Albany

Embed Info
1 yr 5 yr Max
Albany average property price
Albany – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$128,667+3.2%$124,626$104,420$104,420
2 bedrooms$181,429-11.7%$205,389$209,616$204,136
3 bedrooms$197,025-1.8%$200,714$210,154$212,395
4 bedrooms$238,737-8.2%$260,002$250,378$250,868
All properties$209,369-7.4%$226,005$232,342$237,355
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Average Price Per Sqft for Homes in Albany

Embed Info
1 yr 5 yr Max
Albany average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$144+4.3%$144$138$116
3 bedrooms$135+10.7%$136$122$104
4 bedrooms$107+1.9%$119$105$94
All properties$119+5.3%$123$113$97
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Popular Neighborhoods in Albany

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Center Square 1 — 1 4
Buckingham Lake - Crestwood 2 — 2 3
Campus Area 3 +1 4 1
Central Avenue 4 +1 5 7
Pine Hills 5 -2 3 2
New Scotland 6 +1 7 9
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Homes for Sale in Albany

30 Magnolia Terrace, Albany NY
30 Magnolia…
$167,000
6 br  6 ba
32 East Dillenbeck Drive, Albany NY
32 E Dille…
$182,500
3 br  1 ba
33 Robert Drive, Albany NY
33 Robert…
$135,000
3 br  1 ba
225 Point Of Woods Drive, Albany NY
225 Point…
$168,000
2 br  2 ½ ba
15 Ten Eyck Avenue, Albany NY
15 Ten Eyck…
$139,900
3 br  2 ba
114 Ramsey Place, Albany NY
114 Ramsey…
$254,900
3 br  2 ba
View all Albany Homes for Sale
 
Stats & Trends
Albany

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

Center Square

Buckingham Lake - Crestwood

View more neighborhoods or ZIPs
  • Arbor Hill
  • Beverwyck
  • Bishop's Gate
  • Buckingham Lake - Crestwood
  • Campus Area
  • Capitol Hill
  • Center Square
  • Central Avenue
  • Delaware Avenue
  • Downtown
  • Dunes
  • Helderberg
  • Krank Park - Cherry Hill
  • Manning Boulevard
  • Mansion Area
  • Melrose
  • Mount Hope
  • New Scotland
  • Normanskill
  • North Albany - Shaker Park
  • Park South
  • Pastures
  • Pine Hills
  • Second Avenue
  • Sheridan Hollow
  • South End
  • Ten Broeck Triangle
  • Upper Washington Avenue
  • Washington Park
  • West Hill
  • Whitehall
  • Winchester Gables
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  • 12201
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  • 12211
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  • 12230
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  • 12249
  • 12250
  • 12252
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  • 12256
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  • 12260
  • 12261
  • 12288
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Nearby Cities

Cities
Median
sales price
Average
listing price
Menands
$201,750
$373,825
Rensselaer
$153,000
$265,363
Glenmont
$320,000
$363,129
Loudonville
$370,000
$684,786
East Greenbush
$185,375
$325,062
Watervliet
$179,500
$215,690
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Advice

Recent Q&A in Albany, NY

Q: how much does it cost per square foot to build a 2 car detached garage in albany, ny? Be the first to answer
Q: My landlord is collecting rent on my apartment not paying her mortgage... 3 answers
Q: Where can one find current residential rental vacancy rate data for Albany, New York? Be the first to answer
Q: $8,000 tax credit eligable? I'm purchasing from family member with a twist... 2 answers
Q: What is the address of the 6BR/2Ba house on N. Pearl in Shaker Park/N Albany listed at $25,393? Is there a photo? Who is the agent? 1 answer

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Nearby Cities Real Estate

  • Menands Real Estate
  • Rensselaer Real Estate
  • Glenmont Real Estate
  • Loudonville Real Estate
  • East Greenbush Real Estate
  • Watervliet Real Estate

Nearby Cities Sold Homes

  • Menands Sold Homes
  • Rensselaer Sold Homes
  • Glenmont Sold Homes
  • Loudonville Sold Homes
  • East Greenbush Sold Homes
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Nearby Cities Home Prices

  • Menands Home Prices
  • Rensselaer Home Prices
  • Glenmont Home Prices
  • Loudonville Home Prices
  • East Greenbush Home Prices
  • Watervliet Home Prices

Albany Stats & Trends

  • Albany Real Estate Overview
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  • Albany Community Info
  • Albany Home Prices
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Our real estate market trends page gives you a valuable overview of the Albany real estate market. Find Albany properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Albany average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Albany housing statistics are available for each Albany, NY neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.