RE/MAX Accord's Market Report

Albany, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Albany, CA

Fri Sep 20 2019
This week the median list price for Albany, CA is $1,050,000 with the market action index hovering around 82. This is an increase over last month's market action index of 73. Inventory has held steady at or around 7. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Albany, CA

Fri Sep 20 2019
This week the median list price for Albany, CA is $1,050,000 with the market action index hovering around 82. This is an increase over last month's market action index of 73. Inventory has held steady at or around 7. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Albany market.
Median List Price $1,050,000
Per Square Foot $722
Days on Market 34
Price Decreased 14%
Price Increased 14%
Relisted 14%
Inventory 7
Median House Rent $4,000
Most Expensive $1,800,000
Least Expensive $638,000
Market Action Index
Strong Seller's Market
82

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,800,000 4,783 8,000 - 10,000 sqft 5 4 NaN 0 0 112
$1,497,000 2,060 0 - 4,500 sqft 4 2 92 1 2 7
$1,022,500 1,414 4,500 - 6,500 sqft 3 2 NaN 2 1 0
$742,500 1,082 2.5 - 5 acres 2 2 97 0 1 56