Below is a chart that I sent to my COI last week showing some statistics for the Capital District Real Estate Market. To clarify, this only looks at single family homes in the four counties of Albany, Schenectady, Rensselaer, and Saratoga. If you have any questions about our market, please feel free to let me know.
Thank you, Lew
Price Range | Number of Active Listings | Number of Pendings | Pending to Active Ratio | Last Month Expired Listings | Number Closings YTD | Average List Price of Sold Homes | Average Sold Price | Sales to List Ratio | Days on Market Sold |
$0 - $100,000 | 300 | 174 | 58% | 20 | 366 | $74,459 | $67,353 | 90% | 76 |
$100,001 - $200,000 | 1439 | 574 | 40% | 77 | 1894 | $163,868 | $158,736 | 97% | 76 |
$200,001 - $300,000 | 1408 | 419 | 30% | 51 | 1409 | $252,539 | $245,368 | 97% | 81 |
$300,001 - $400,000 | 1108 | 252 | 23% | 39 | 608 | $351,313 | $344,262 | 98% | 90 |
$400,001 - $500,000 | 528 | 102 | 19% | 26 | 209 | $450,281 | $442,019 | 98% | 90 |
$500,001 - $600,000 | 256 | 37 | 14% | 8 | 89 | $550,174 | $547,167 | 99% | 58 |
$600,001 - $700,000 | 130 | 29 | 22% | 2 | 47 | $653,542 | $646,774 | 99% | 107 |
$700,001 - Over | 237 | 57 | 24% | 6 | 47 | $948,782 | $918,706 | 97% | 144 |
Market Totals | 5406 | 1644 | 30% | 229 | 4669 | $241,311 | $234,772 | 97% | 81 |
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