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Albany, CA 94706

Single-Family Homes

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Albany, CA 94706

Mon Apr 29 2024
This week the median list price for Albany, CA 94706 is $984,000 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has increased to 11. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Albany, CA 94706

Mon Apr 29 2024
This week the median list price for Albany, CA 94706 is $984,000 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has increased to 11. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Albany market.
Median List Price $984,000
Median Price of New Listings $984,000
Per Square Foot $1,094
Average Days on Market 8
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent
Market Action 66
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$1,646,500 1,354 4,500 - 6,500 sqft 3 2.5 100 1 0 3
$1,050,000 1,373 0 - 4,500 sqft 3 1 94 0 0 7
$899,800 795 0 - 4,500 sqft 2 1 97 1 1 14
$899,000 0 0 - 4,500 sqft 2 1 94 1 0 7