Albany County Real Estate Market Update: April 2014
Preliminary single family home sale numbers for the first four months of 2014 are as follows.
There have been a total of 577 single family homes that have sold and closed compared to 602 for the same period last year. The average selling price is $237,000 compared to $227,000 last year and the median selling price is $205,500 compared to $198,500 last year.
The average sale price to list price percentage is 97% both this year and last year at this time and the average days on market this year is 81 compared to 76 last year.
30 year conventional fixed mortgage rates are in the 4.37 to 4.5% range for the most credit worthy customers.