Colonie Real Estate Market Trends
Market Overview for Quarter 1, 2021
Median Sale Price
14% YoY
Median Price/Sqft
14% YoY
No. of Transactions
-88% YoY
County Median Sale Price
4% YoY
In Q1, the median home sale price in Colonie was $267K, an increase of 14% year-over-year. By contrast, sales activity trended down with 26 deals closed, representing a decline of -88% compared to the same period last year. The median price per square foot in Q1 was $180, a change of 14% year-over-year, while the median sale price in Albany County was $215K.
Top Cities in Albany County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Colonie | $267,000 |
| 2 | Albany | $176,000 |
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 | $267K | 14% | $180 | 14% | 26 |
The Q1 median sale price for Colonie houses was $267K, increasing 14% 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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