Albany NY Real Estate: Has the Albany NY Real Estate Market Stabilized?

Albany NY Real Estate Blog

Has the Albany NY Real Estate Market Stabilized?

We have just released our most recent Albany Market trends report that can be accessed at Clancy Real Estate Market Trends Report

Based on Capital Region MLS data 1077 homes in the Capital Region have expired unsold in the past 6 months! 880 homes have gone under contract.

Homes under $250,000 are showing less then a 6 month supply of inventory and are selling fairly quickly if priced correctly. Higher price homes are taking longer so sell. Homes over $500,000 are showing an almost 2 year supply of homes on the market.

For specific market trend reports on your neighborhood visit us at http://www.albanynymarkettrends.com

Call or email us anytime we can help interpret this data

  

Sincerely,

Kevin Clancy

518-861-7016
kevin@clancyrealestate.com
http://www.clancyrealestate.com


  

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