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!

Albany
Jul 1, 2018 – Jul 31, 2018
Aug 1, 2018 – Aug 31, 2018
Month
July
August
Average Listing Price
$170,614
$213,650
Median Sales Price
Any
$129,250
Month supply of inventory
27
9
Market Time Detached
0 days
52 days
Market Time Attached
0 days
0 days
Inventory
30 properties
27 properties
Low price range
Any – Any
$100,000 – $114,625
Low price range market time
0 days
62 days
Low price range units sold
0
1
Low price range bedrooms
0
3
Low price range bathrooms
0
2
Low price range approx sqft
0 SF
1,188 SF
Mid price range
$1 – $-1
$114,626 – $148,624
Mid price range market time
0 days
65 days
Mid price range units sold
0
2
Mid price range bedrooms
0
2.5
Mid price range bathrooms
0
1.6
Mid price range approx sqft
0 SF
1,304 SF
High price range
Any – Any
$148,625 – $168,000
High price range market time
0 days
15 days
High price range units sold
0
1
High price range bedrooms
0
3
High price range bathrooms
0
2
High price range approxsqft
0 SF
1,450 SF