Is now a good time to sell in Albany?

Question

Primpted Housing Analyst · Accepted Answer

Probably not, unless you need to move. The Sold Score for Albany is 29/100 in September 2026 (Difficult Selling Environment) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago.

Pending ratio is 0.21 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +34.7% year over year, expanding the pool you're competing in. Median days on market sit at 64. 26.9% of active listings have already reduced asking price.

— Live indicators (September 2026): Sold Score: 29/100 (Difficult Selling Environment) · Pending ratio: 0.21 · Inventory YoY: +34.7% · Median days on market: 64 · Sellers cutting price: 26.9% · Median listing price: $197,000 (+2.7% YoY)

Primpted Housing Analyst · Answer

{
  "answer": "Selling a home in Albany right now shows some mixed signals. While prices are up compared to last year, there are more homes for sale and homes are taking a bit longer to go under contract.",
  "paragraphs": [
    "The median listing price for homes in Albany is currently $197,000. This is 2.7% higher than it was last year, which is good news for sellers. However, the median listing price did drop by 6.0% from the prior month, so recent pricing has softened.",
    "There are 579 active listings right now, which is a significant increase of 34.7% compared to last year. More homes on the market means buyers have more choices, which can affect how quickly your home sells.",
    "Homes are currently staying on the market for a median of 64 days before finding a buyer. This is slightly faster than last year. The amount buyers are willing to pay per square foot has also increased by 5.7% over the past year, reaching $118.",
    "The pending ratio, which shows how many homes are going under contract compared to those actively for sale, is 0.21. This number is 12.8% lower than last year, suggesting fewer homes are moving to contract compared to the available listings."
  ],
  "takeaway": "If you\

Is now a good time to sell in Albany?

Albany snapshot

Featured experts in this market

Related questions