Preliminary year end single family home sale numbers indicate that the number of homes sold and closed in Albany County in 2013 was up about 10% over 2012...2400 closed home sales in 2013 compared to 2149 in 2012. The average selling price in 2013 was up to $236,600 from $231,000 in 2012 and the median sale price increased to $205,000 from $202,500. The average days on market in 2013 improved to 67 from 76 the previous year. The sale to list price ratio also improved to 97.7% from 97.1% the previous year.
30 year conventional fixed mortgage interest rates remain in the 4 to 4.5% range.