RE/MAX Accord's Market Report

Albany, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Albany, CA

Mon Nov 18 2019
This week the median list price for Albany, CA is $1,350,000 with the market action index hovering around 61. This is less than last month's market action index of 71. Inventory has held steady at or around 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Albany, CA

Mon Nov 18 2019
This week the median list price for Albany, CA is $1,350,000 with the market action index hovering around 61. This is less than last month's market action index of 71. Inventory has held steady at or around 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Albany market.
Median List Price $1,350,000
Per Square Foot $840
Days on Market 49
Price Decreased 60%
Price Increased 60%
Relisted 20%
Inventory 5
Median Rent $2,895
Most Expensive $1,795,000
Least Expensive $515,000
Market Action 61
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of 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
$1,795,000 1,560 4,500 - 6,500 sqft 4 3 70 0 0 42
$1,599,000 2,075 0 - 4,500 sqft 5 3 92 0 0 77
$1,350,000 1,329 0 - 4,500 sqft 2 2 93 0 0 49
$675,000 1,054 0 - 4,500 sqft 2 2 69 0 0 38