The median sales price for homes in Albany NY for Aug 09 to Oct 09 was $168,250. This represents a decline of 1.3%, or $2,250, compared to the prior quarter and a decrease of 1% compared to the prior year. Sales prices have appreciated 17.7% over the last 5 years in Albany.
The average listing price for Albany homes for sale on Trulia was $209,369 for the week ending Nov 18, which represents a decline of 7.4%, or $16,636, compared to the prior week and a decline of 11.8%, or $27,986, compared to the week ending Oct 28. Average price per square foot for Albany NY was $119, an increase of 5.3% compared to the same period last year. Popular neighborhoods in Albany include Center Square, Buckingham Lake - Crestwood, Campus Area, Central Avenue, Pine Hills, and New Scotland.