RE/MAX Accord's Market Report

Albany, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Albany, CA

Sun Oct 25 2020
This week the median list price for Albany, CA is $1,546,500 with the market action index hovering around 73. This is an increase over last month's market action index of 66. Inventory has held steady at or around 4. Click here to stay informed with the Albany market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Albany, CA

Sun Oct 25 2020
This week the median list price for Albany, CA is $1,546,500 with the market action index hovering around 73. This is an increase over last month's market action index of 66. Inventory has held steady at or around 4. Click here to stay informed with the Albany market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Real-Time Market Profile

Never miss important changes in the Albany market.
Median List Price $1,546,500
Per Square Foot $850
Days on Market 67
Price Decreased 25%
Price Increased 25%
Relisted 25%
Inventory 4
Median Rent $4,000
Most Expensive $2,399,000
Least Expensive $1,080,000
Market Action 73
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,399,000 2,751 4,500 - 6,500 sqft 5 4 1 0 0 154
$1,598,000 2,248 4,500 - 6,500 sqft 4 3 74 1 0 35
$1,495,000 1,802 0 - 4,500 sqft 3 3 89 0 0 7
$1,080,000 1,168 4,500 - 6,500 sqft 3 2 110 0 2 70