Albany real estate days on market report

By
Real Estate Agent with Keller Williams

Albany Real Estate Days On Market Report

The chart below depicts the average days on market for Albany NY real estate.

albany_days_on_market_horizontal3.jpg

There is some good news reflected here.  It appears that the trend to quicker sales that started in Feb and Mar has continued for 4 months now. 

After peaking at over 90 days in the beginning of the year the Albany real estate market appears to be reaching a more balanced state.

Don't assume however that we will return to the appreciation rates of the last few years. 

Properties still need to be priced appropriately in order to sell.  For more information on how to price your property for sale see my real estate asking price post. 

Comments (1)

John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate
Nice to see a positive trend in your DOM. Of course, the key line is this post is "Properties still need to be priced appropriately in order to sell."
Jul 21, 2007 04:49 PM