Albany Real Estate Market Trends
Market Overview for Quarter 2, 2024
Median Sale Price
12.6% YoY
Median Price/Sqft
7.3% YoY
No. of Transactions
5.7% YoY
County Median Sale Price
9% YoY
In Q2, the median home sale price in Albany was $253K, up 12.6% year-over-year. Sales activity was also on the rise, with a total of 168 sales closed, representing a year-over-year increase of 5.7%. At the same time, the median price per square foot in Q2 was $176, representing a change of 7.3% year-over-year. The median sale price for Albany County homes was $305K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Albany County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Guilderland | $407,500 |
| 2 | Bethlehem | $375,000 |
| 3 | Colonie | $326,500 |
| 4 | Albany | $253,412 |
| 5 | Cohoes | $234,900 |
Residential Property Types Sold in Albany
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $253K | 12.6% | $176 | 7.3% | 168 |
The Q2 median sale price for Albany houses was $253K, increasing 12.6% year-over-year. While the median for houses was trending up, condo prices in Albany remained flat year-over-year at -.
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