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