Local Market0 views · 2 answers
Are buyers active in Albany-Schenectady-Troy?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 79/100
- YoY Good Chance of Selling
- Pending ratio
- 1.00
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 54
- YoY days on market
- Price cuts
- 37.8%
- YoY of active listings
Buyer demand in Albany-Schenectady-Troy is **very active** as of September 2026. The pending ratio is 1.00 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 54 days to go under contract. Active inventory is +10.1% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 37.8% of listings have cut price. Overall, the Primpted Sold Score for Albany-Schenectady-Troy is 79/100 (Good Chance of Selling).
— Live indicators (September 2026): Sold Score: 79/100 (Good Chance of Selling) · Pending ratio: 1.00 · Inventory YoY: +10.1% · Median days on market: 54 · Sellers cutting price: 37.8% · Median listing price: $419,975 (-3.9% YoY)
Albany-Schenectady-Troy snapshot
As of the latest 2026 data- Median listing
- $420K
- YoY -0.0%
- Active inventory
- 1,703
- YoY +0.1%
- Median DOM
- 54
- YoY +0.1%
- Pending ratio
- 1.00
- YoY -0.2%
- Price-reduced
- 14.8%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
{
"answer": "Buyers are quite active in the Albany-Schenectady-Troy area right now. The number of homes going under contract is nearly equal to the number of available homes.
There are 1,711 homes currently under contract to be sold. This means that for every home available, there's almost one home being purchased, shown by the 1.00 pending ratio.
The total number of homes for sale has increased by 10.1% over the past year, reaching 1,703 active listings. New homes coming onto the market also went up by 4.5% year-over-year, with 884 new listings in the most recent month.
Homes are taking a bit longer to sell, staying on the market for a median of 54 days. This is a 5.9% increase compared to last year. Also, 14.8% of sellers have lowered their asking price, a slight rise of 2.9% from last year.
The median listing price is $419,975, which is down 3.9% from last year and 1.2% from the previous month. This suggests that while buyers are active, they are also finding some price adjustments.
For buyers, this means there are more options available, and some sellers are willing to negotiate on price, but competition remains steady with many homes going under contract."
}