Home sales in the Rensselaer market remained soft in this week's report as they slid 25.0% to three homes sold over the last 30 days. In comparison, nearby Albany had 70 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Rensselaer, and for this period the median sales price slid from $170,950 to $105,000. Rensselaer is a definite buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Early bird gets the worm, so be sure to take a look at these new listings in Rensselaer: