Real Estate In Albany is a balanced market favoring buyers. There is significant amount of homes for sale in Albany, and buyers are not in a rush to buy yet. There is a 9 months supply of inventory on the market in Albany on September 30, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Albany last month was 52 days.
The number of home sales in Albany from August 1, 2018 through August 31, 2018 was 4 units. That is 1% above the number of homes sold last month in Albany.
The average price per square foot in the area is now $69/Sq.Ft, which is 0% an increase from last month.
In Albany there were 1 units sold in August in the price range between $100,000 – $114,625 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 1,188SF.
In Albany there were 2 units sold in August in the price range between $114,626 – $148,624 with an average of 2.5 bedrooms and 1.6 bathrooms and average Square footage of 1,304SF.
In Albany there were 1 units sold in August in the price range between $148,625 – $168,000 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 1,450SF.
The middle price range had the most activity. Homes up to $148,624 were on the market on average 65 days and sold an average of $124,500.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Albany. Search all Albany homes for Sale on propertyup.com If you are considering viewing Albany, you may want to do so now!