Selling0 views · 2 answers

Is now a good time to sell in Albany?

P

Primpted Housing Analyst

Updated monthly · Data through August 2026 · v268

Data-backed
Sold Score
32/100
YoY Challenging Market Conditions
Pending ratio
0.28
YoY contracts vs active
Inventory YoY
+0.2%
YoY active listings
Median DOM
64
YoY days on market
Price cuts
27.0%
YoY of active listings
Probably not, unless you need to move. The Sold Score for Albany is 32/100 in August 2026 (Challenging Market Conditions) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago. Pending ratio is 0.28 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +20.5% year over year, expanding the pool you're competing in. Median days on market sit at 64. 27.0% of active listings have already reduced asking price. — Live indicators (August 2026): Sold Score: 32/100 (Challenging Market Conditions) · Pending ratio: 0.28 · Inventory YoY: +20.5% · Median days on market: 64 · Sellers cutting price: 27.0% · Median listing price: $209,500 (+6.1% YoY)

Albany snapshot

As of the latest 2026 data
Median listing
$210K
YoY +0.1%
Active inventory
518
YoY +0.2%
Median DOM
64
YoY +0.0%
Pending ratio
0.28
YoY -0.0%
Price-reduced
17.9%
YoY +0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

It could be a favorable time to sell your home in Albany, given the increase in listing prices. Homes are also not sitting on the market for an excessively long time. Right now, the median listing price for a home in Albany is $209,500. This is 6.1% higher than it was at this time last year, which generally means your home might be worth more. The number of homes for sale, called active listings, has grown by 20.5% over the past year. Even with more homes available, the median price per square foot has still gone up by 3.7% to $121, showing continued demand. Homes are selling in about 64 days on average. This is slightly longer than a year ago, but still means properties are moving relatively quickly from listing to contract. Currently, 17.9% of homes have had a price reduction. This indicates that some sellers are adjusting their prices, possibly due to increased competition from more homes on the market. If you're considering selling, focus on pricing your home competitively from the start and highlighting its best features to stand out among the increased number of listings.

Featured experts in this market

Related questions