Colonie Real Estate Market Continues Streak in Price Cuts

The number of sellers reducing prices in the Colonie market trended up to 21 over the last 30 days, extending a nine-week streak. During the same period, 10 sales were completed. The median sales price dropped to $239,950, potentially helping to offset the four months of inventory left to be sold.

If you have been waiting for prices to drop, now is your chance to look at these listings in Colonie:

$345K   $219K   $373K  

Get started right now by checking out Colonie homes for sale or reviewing Colonie real estate trends.

Demographic facts about Colonie:

  • The affordability rating is 47. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 36.2 inches per year. (U.S. average: 36.5)
  • The income per capita in this area is $29,468.
  • This area has a school rating of 76. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Berkshire Hathaway Blake
Snapped 5 homes in this area
White House Realty NY
Snapped 3 homes in this area
Keller Williams Capital Dist
Snapped 49 homes in this area

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