Local Market0 views · 2 answers
Are buyers active in Albany?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 39/100
- YoY Challenging Market Conditions
- Pending ratio
- 0.32
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 62
- YoY days on market
- Price cuts
- 50.8%
- YoY of active listings
Buyer demand in Albany is **actively shopping** as of September 2026. The pending ratio is 0.32 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 62 days to go under contract. Active inventory is +18.8% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 50.8% of listings have cut price. Overall, the Primpted Sold Score for Albany is 39/100 (Challenging Market Conditions).
— Live indicators (September 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.32 · Inventory YoY: +18.8% · Median days on market: 62 · Sellers cutting price: 50.8% · Median listing price: $442,475 (-5.3% YoY)
Albany snapshot
As of the latest 2026 data- Median listing
- $442K
- YoY -0.1%
- Active inventory
- 437
- YoY +0.2%
- Median DOM
- 62
- YoY -0.1%
- Pending ratio
- 0.32
- YoY -0.1%
- Price-reduced
- 32.4%
- YoY +0.1%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
Buyers are fairly active in Albany right now. While there are more homes for sale, many are still going under contract.
There were 139 homes that went into pending status in the most recent month. This means buyers are still making offers and moving forward with purchases.
The pending ratio, which compares homes under contract to active listings, is 0.32. This ratio shows that for every 100 homes available, 32 are in the process of being sold, indicating continued buyer interest.
Homes are also selling quicker than they were a year ago. The median home spent 62 days on the market, which is 6.1% less time than over the past year.
However, some sellers are adjusting prices to attract these buyers. About 32.4% of homes for sale have had a price reduction, which is 9.3% more than a year ago.
For buyers, this means there are opportunities to find homes and sellers might be more willing to negotiate, especially on properties that have been on the market for a while or have seen price drops.
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