Home Sales Decline in Albany Real Estate Market

In this week's report, the number of homes sold in the Albany market dropped to eight over the past 30 days, a decrease of 20.0% from last week's report. Meanwhile, close-by San Francisco reported 330 homes sales, the highest number from all the surrounding cities. Prices are falling in Albany, and this period the median price of all sales fell from $1,000,000 to $918,000. In spite of the decrease in sales, a low one month of inventory signals that Albany is a definite seller's market.

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

Demographic facts about Albany:

  • This area has a total of 7,401 households.
  • The unemployment rate for this area is 9.6%.
  • The average school expenditure per student is $5,064. ($5,691 = national average)

Data reported through 1/11/2017

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Climb Real Estate Group
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Red Oak Realty
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MARVIN GARDENS EAST BAY
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