RE/MAX Accord's Market Report

Albany, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Albany, CA

Thu Aug 06 2020
This week the median list price for Albany, CA is $995,000 with the market action index hovering around 82. This is an increase over last month's market action index of 77. 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

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

Thu Aug 06 2020
This week the median list price for Albany, CA is $995,000 with the market action index hovering around 82. This is an increase over last month's market action index of 77. 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

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 $995,000
Per Square Foot $725
Days on Market 20
Price Decreased 0%
Price Increased 20%
Relisted 0%
Inventory 5
Median Rent $4,000
Most Expensive $1,450,000
Least Expensive $850,000
Market Action 82
Strong Seller's Market

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
$1,450,000 2,031 0 - 4,500 sqft 3 3 88 0 0 42
$1,149,000 1,559 0 - 4,500 sqft 3 3 100 0 1 7
$995,000 1,372 0 - 4,500 sqft 3 2 95 0 2 7
$874,000 1,332 4,500 - 6,500 sqft 3 2 84 0 1 21