Is Albany, NY 12260 a buyer’s or seller’s market?
Albany is a seller’s market. With about 3.4 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.4Under 4 months = seller’s market
Sold above original list35.7%Share of sales, last 3 months
Median sale-to-list92.8%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$143▼ −31.3% vs. last year
Run the numbers for 12260
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology