Here is the Quarterly Market Update for the 4-county Capital District in upstate NY including Albany, Saratoga, Rensselaer, and Schenectady, NY.  Pricinf was still a little soft but unit sales surpassed the same quarter last year for the first time in 3 years!!!  Thank you to all of my past, current, and future clients!!!

 

 
Quarter Active Listings New Listings Units Sold Absorbtion Rate Unit Sales Chg Prior Yr Months Supply Avg List Price Avg Sale Price % Chg Prior Yr % of List Price Avg DOM Sold Avg List Unsold
Q1 2005   2011 1627 80.9%     $196,157 $192,374   98.1% 66 $241,650
Q2 2005   2919 2429 83.2%     $201,614 $200,418   99.4% 56 $195,850
Q3 2005   3035 2787 91.8%     $219,036 $217,480   99.3% 46 $236,837
Q4 2005   2051 2237 109.1%     $216,626 $213,651   98.6% 51 $297,711
Ttl 2005   10016 9080 90.7%     $209,703 $207,500   98.9% 54 $265,615
Q1 2006   2977 1654 55.6% 1.7%   $215,765 $212,474 10.4% 98.5% 62 $292,607
Q2 2006   4280 2349 54.9% -3.3%   $222,320 $217,830 8.7% 98.0% 59 $275,408
Q3 2006   3756 2603 69.3% -6.6%   $227,524 $223,820 2.9% 98.4% 57 $300,885
Q4 2006   2544 2116 83.2% -5.4%   $227,010 $221,952 3.9% 97.8% 66 $299,599
Ttl 2006   13557 8722 64.3% -3.9%   $223,903 $219,755 5.9% 98.1% 60 $296,292
Q1 2007   3126 1595 51.0% -3.6%   $224,342 $218,860 3.0% 97.6% 83 $292,841
Q2 2007   4443 2111 47.5% -10.1%   $231,568 $226,496 4.0% 97.8% 73 $322,826
Q3 2007   3622 2325 64.2% -10.7%   $240,482 $234,932 5.0% 97.7% 63 $301,835
Q4 2007   2535 1889 74.5% -10.7%   $228,872 $222,676 0.3% 97.3% 70 $312,735
Ttl 2007   13726 7920 57.7% -9.2%   $232,055 $226,507 3.1% 97.6% 72 $308,306
Q1 2008   3143 1300 41.4% -18.5%   $236,192 $229,646 4.9% 97.2% 85 $328,927
Q2 2008   4064 1862 45.8% -11.8%   $234,662 $228,579 0.9% 97.4% 82 $314,217
Q3 2008   3551 2046 57.6% -12.0%   $249,693 $242,858 3.4% 97.3% 74 $311,250
Q4 2008   2235 1631 73.0% -13.7%   $237,425 $230,829 3.7% 97.2% 79 $296,052
Ttl 2008   12993 6839 52.6% -13.6%   $241,406 $234,861 3.7% 97.3% 80 $303,452
Q1 2009 4685 2906 975 33.6% -25.0% 14.4 $222,567 $213,874 -6.9% 96.1% 95 $295,772
Q2 2009 5307 3961 1606 40.5% -13.7% 9.9 $227,635 $221,311 -3.2% 97.2% 85 $279,605
Q3 2009 5001 3339 2058 61.6% 0.6% 7.3 $231,495 $224,843 -7.4% 97.1% 75 $280,628
Q4 2009                        
Ttl 2009                        
             
            Lewis Beynon, Realtor
            Prime Property Solutions, LLC
            1086 New Loudon Rd, Latham, NY 12047
            Phone: 518-281-3951  Email: LewisB@nycap.rr.com
            FREE Home Search at: www.LewisB.com
                         
                         

 

 

1 Comments on Capital District Market Stats; Albany NY

NOV
16

Great stats Lewis!  It is amazing how well your area is doing compared to the rest of the country.  Nice!

~Deb in Cape Coral, FL  (previously Clifton Park)
7:01am • #1

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Capital District Real Estate, Lewis Beynon

Clifton Park, NY

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Prime Property Solutions, LLC

Address: 1086 New Loudon Rd, Latham, NY, 12047

Office Phone: (518) 724-1726

Cell Phone: (518) 281-3951

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Real Estate Blog for the Capital District in Albany, NY.


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