Colonie Real Estate Market Trends
Market Overview for Quarter 4, 2021
Median Sale Price
7% YoY
Median Price/Sqft
9% YoY
No. of Transactions
-48% YoY
County Median Sale Price
5% YoY
In Q4, the median home sale price in Colonie was $270K, an increase of 7% year-over-year. By contrast, sales activity trended down with 177 deals closed, representing a decline of -48% compared to the same period last year. The median price per square foot in Q4 was $185, a change of 9% year-over-year, while the median sale price in Albany County was $248K.
Top Cities in Albany County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Bethlehem | $305,000 |
| 2 | Guilderland | $288,750 |
| 3 | Colonie | $270,000 |
| 4 | Albany | $207,500 |
| 5 | Cohoes | $190,000 |
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 | $270K | 7% | $185 | 9% | 177 |
The Q4 median sale price for Colonie houses was $270K, increasing 7% 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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