RE/MAX Accord's Market Report

Albany, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Albany, CA

Mon Dec 04 2023
This week the median list price for Albany, CA is $1,050,000 with the market action index hovering around 58. This is an increase over last month's market action index of 49. Inventory has decreased to 5. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Albany, CA

Mon Dec 04 2023
This week the median list price for Albany, CA is $1,050,000 with the market action index hovering around 58. This is an increase over last month's market action index of 49. Inventory has decreased to 5. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Albany market.
Median List Price $1,050,000
Median Price of New Listings $1,495,000
Per Square Foot $848
Average Days on Market 62
Median Days on Market 21
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 58
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,495,000 1,850 0 - 4,500 sqft 3 2 83 1 0 0
$1,195,000 1,328 0 - 4,500 sqft 3 2 99 0 1 21
$1,050,000 726 0 - 4,500 sqft 3 2 103 0 1 7
$791,500 1,004 0 - 4,500 sqft 1 1.5 95 0 1 140