Monthly market wrap MONTHLY MARKET WRAP Albany Single-family homes · May 2026 The Albany market tilted hotter in May: most key signals moved the seller's way. Median sale price $1.76M ▲ +22.6% vs Apr Time to pending 16d ▲ 3 days slower vs Apr Sold over asking 86% ▲ +6 pts vs Apr Active listings 9 ▼ -30.8% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Albany Single-family homes · May 2026 Bidding wars are the norm in Albany: 86% of SFHs sold over asking. 128.4% average sale price vs. asking price Sold over asking 86% vs. a year ago +11 pts 126.7% 116.3% 105.9% Sold at asking price 128.4% May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Albany Single-family homes · May 2026 Albany SFHs are closing +28.4% above asking. The list price is the floor, not the ceiling. +$967K median sale price minus asking price Median asking price $798K Median sale price $1.76M $2.14M $1.56M $971K Sold Asking May 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Albany Single-family homes · May 2026 Albany SFH values are climbing, up +23.9% in a year. $1.76M median sale price Year over year +23.9% Homes sold last month 7 $1.7M $1.44M $1.19M $1.76M Apr 2019 Oct 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Albany Single-family homes · May 2026 The typical Albany SFH goes pending in 16 days, 2 days slower than last year. 16 days median time to pending Gone within two weeks 31% vs. a year ago 2 days slower 72d 48d 24d 16d May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Albany Single-family homes · May 2026 Albany inventory is flat year over year, a steadier supply picture for SFHs. 9 active listings Year over year +0.0% Months of supply 1.3 11 7 3 9 May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Albany? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Albany Single-family homes · May 2026 22% of Albany listings cut their asking price last month. 22% of active listings cut their asking price vs. a year ago +0 pts Active listings 9 36% 27% 19% 22% May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Albany Single-family homes · May 2026 Only 31% of Albany SFHs went pending within two weeks. Most listings are taking their time. 31% of listings went pending within two weeks Median time to pending 16 days vs. a year ago -34 pts 53% 35% 17% Half of listings 31% May 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Albany Single-family homes · May 2026 January is historically Albany's calmest month for buyers: 12.1 pts less over-asking than May. January historically the calmest month for buyers Buyer's edge vs May -12.1 pts Years of Redfin data 10+ Yearly average J F M A M J J A S O N D -7.9 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Albany Single-family homes · May 2026 A Albany SFH bought in 2016 has gained +121% in value since. +121% median sale price growth since 2016 Median price in 2016 $800K Average gain per year +8.2% $1.41M $1.21M $1.01M $1.76M Mar 2016 Mar 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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