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 Jan - Apr '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $155,000 +17.0% $141,500 $132,500 $145,000
3 bedrooms $188,000 +22.5% $178,000 $153,500 $169,500
4 bedrooms $229,250 +4.7% $178,500 $219,000 $200,000
All properties $185,000 +14.6% $163,000 $161,500 $167,000
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Summary for Albany


The median sales price for homes in Albany NY for Jan 14 to Apr 14 was $185,000. This represents an increase of 13.5%, or $22,000, compared to the prior quarter and an increase of 14.6% compared to the prior year. Sales prices have appreciated 10.8% over the last 5 years in Albany. The average listing price for Albany homes for sale on Trulia was $267,070 for the week ending Apr 09, which represents an increase of 0.3%, or $765, compared to the prior week and a decline of 0.5%, or $1,442, compared to the week ending Mar 19. Average price per square foot for Albany NY was $138, an increase of 14% compared to the same period last year. Popular neighborhoods in Albany include Buckingham Lake - Crestwood, Pine Hills, Delaware Avenue, Campus Area, Capitol Hill, and Center Square.

Average Listing Price in Albany

 

Albany average property price
Albany – number of properties
No. Bedrooms Week ending
Apr 9
w-o-w Week ending
Apr 2
Week ending
Mar 26
Week ending
Mar 19
1 bedroom $185,891 +2.5% $181,345 $190,000 $171,678
2 bedrooms $178,504 +1.5% $175,949 $173,734 $165,899
3 bedrooms $195,315 -0.5% $196,198 $192,669 $192,295
4 bedrooms $326,418 +4.9% $311,189 $315,413 $321,006
All properties $267,070 +0.3% $266,305 $271,671 $268,512
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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 Jan - Apr '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $162 +26.6% $130 $128 $125
3 bedrooms $129 +12.2% $124 $115 $122
4 bedrooms $140 +10.2% $113 $127 $125
All properties $138 +14.0% $125 $121 $122
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Popular Neighborhoods in Albany


Neighborhoods Week ending
Apr 9
w-o-w Week ending
Apr 2
Week ending
Mar 26
Buckingham Lake - Crestwood 1 1 2
Pine Hills 2 +2 4 3
Delaware Avenue 3 3 5
Campus Area 4 -2 2 1
Capitol Hill 5 +3 8 14
Center Square 6 -1 5 4
Homes for Sale in Albany
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