Colonie Real Estate Market Trends
Market Overview for Quarter 2, 2021
Median Sale Price
16% YoY
Median Price/Sqft
8% YoY
No. of Transactions
7% YoY
County Median Sale Price
13% YoY
In Q2, the median home sale price in Colonie was $273K, up 16% year-over-year. Sales activity was also on the rise, with a total of 208 sales closed, representing a year-over-year increase of 7%. At the same time, the median price per square foot in Q2 was $175, representing a change of 8% year-over-year. The median sale price for Albany County homes was $245K.
Top Cities in Albany County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Bethlehem | $302,500 |
| 2 | Guilderland | $285,000 |
| 3 | Colonie | $273,500 |
| 4 | Cohoes | $227,500 |
| 5 | Albany | $200,000 |
Residential Property Types Sold in Colonie
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $273K | 16% | $175 | 8% | 208 |
The Q2 median sale price for Colonie houses was $273K, increasing 16% year-over-year. While the median for houses was trending up, condo prices in Colonie remained flat year-over-year at -.
See also
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