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Albany Home Values and Market Report

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Report prepared by Alexcooley2.com Compass

Market at a glance

Over the last 12 months, homes sold for 99.9% of list price in 38 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $312K Sold · $315K
$390K$350K$310K$270K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 108 sales in Dec. Last month: 74.

Where the market stands

All homes in this report, by status.

1,389homes
Active275 · 20%
Under contract214 · 15%
Sold (12 mo)900 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$565K
Under contract$316K
Sold$314K

Average days on market

Active56 days
Under contract51 days
Sold38 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 275
Average list price $564,567
Avg. days on market 56 days
Avg. price per ft² $152
Avg. living area 4,516 ft²
Avg. beds / baths 5.2 / 3.0

Charts and listings below cover the 250 highest-priced of 275 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

8 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 238 homes plotted, up to $6M and 60,000 ft².

0 ft²20,00040,00060,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

52 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

611 Bedford Square$522
337 Central Avenue$446
2 Spring Street$365
261 Central Avenue$361
70 Orchard Avenue$336
355 State Street #3ER$302
86 Benson Street Street$300

Active listings (250 of 275)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
145 State StreetAlbany, NY 12207 ———$10,899,000—74 days
201 Park AvenueAlbany, NY 12202 ——64,934$8,490,000$13090 days
725 BroadwayAlbany, NY 12207 ——87,616$8,489,000$9610 days
3 Watervliet Avenue ExtensionAlbany, NY 12206 ——115,304$8,000,000$69214 days
99 Pine StreetAlbany, NY 12207 ———$4,450,000—93 days
747 Madison AvenueAlbany, NY 12208 ——23,408$3,800,000$16213 days
9 Washington SquareAlbany, NY 12205 —1333,130$3,199,000$9647 days
32 N Russell RoadAlbany, NY 12205 ——65,309$2,900,000$44376 days
611 Bedford SquareAlbany, NY 12203 584,592$2,399,000$5229 days
162-170 Jefferson StreetAlbany, NY 12210 101110,000$2,300,000$23083 days
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Questions about this market?

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©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated