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Market Pulse

Albany market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPAlbanyCondos · April 2026Albany held steady in April: the keymarket signals were mixed.Median sale price$705K+39.7% vs MarTime to pending76d30 days slower vs MarSold over asking50%+50 pts vs MarActive listings15+150.0% vs MarGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGAlbanyCondos · April 2026Most Albany condos are still sellingover asking (50%). Price to invitecompetition.101.3%average sale price vs. asking priceSold over asking50%vs. a year ago+0 pts101.6%99.0%96.3%Sold at asking price101.3%Mar 2024Mar 2025Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPAlbanyCondos · April 2026The typical Albany condo closes +1.3%above its asking price.-$194Kmedian sale price minus asking priceMedian asking price$899KMedian sale price$705K$1.05M$790K$528KSoldAskingMar 2024Feb 2025Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEAlbanyCondos · April 2026Albany condo values are climbing, up+31.9% in a year.$705Kmedian sale priceYear over year+31.9%Homes sold last month2$650K$562K$474K$705KJan 2019Sep 2022Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLAlbanyCondos · April 2026The typical Albany condo goes pending in76 days, 27 days slower than last year.76 daysmedian time to pendingGone within two weeks100%vs. a year ago27 days slower200d133d67d76dMar 2024Mar 2025Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSAlbanyCondos · April 2026Albany inventory is up 7.1% year overyear, a steadier supply picture forcondos.15active listingsYear over year+7.1%Months of supply7.51512815Mar 2024Mar 2025Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSAlbanyCondos · April 2026Price cuts are rare in Albany: just 13%of listings reduced their asking price,down 22 pts from a year ago.13%of active listings cut their asking pricevs. a year ago-22 ptsActive listings1536%29%22%13%Mar 2024Mar 2025Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETAlbanyCondos · April 2026100% of Albany condos went pendingwithin two weeks. Priced-right listingsdo not wait.100%of listings went pending within two weeksMedian time to pending76 daysvs. a year ago+100 pts41%25%9%Half of listings100%Mar 2024Feb 2025Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYAlbanyCondos · April 2026December is historically Albany'scalmest month for buyers: 4.7 pts lessover-asking than April.Decemberhistorically the calmest month for buyersBuyer's edge vs April-4.7 ptsYears of Redfin data9+Yearly averageJFMAMJJASOND-2.4 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEAlbanyCondos · April 2026A Albany condo bought in 2016 has gained+55% in value since.+55%median sale price growth since 2016Median price in 2016$454KAverage gain per year+4.5%$614K$547K$479K$705KOct 2015Feb 2021Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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