Capital Region houses by the square foot

brookline midcentury modern house

This house in Albany is currently listed at $399,000 -- that's $200/square foot.

Pretty much whenever you hear people talk about how much a house costs, the figure used is the total sale price. And that makes a lot of sense -- that's how much someone's going to be spending.

But another way to think about housing prices is the amount people are paying per square foot. When you break it down that way, it's a little easier to make comparisons between different houses and locations.

In fact, real estate agents do this all time. Sure, you won't usually see it on a house listing, but ask an agent and they'll almost always be able to tell you what a house's price is per square foot and what the average per-square-foot price is for the neighborhood.

We were kind of curious about how the different cities around the Capital Region stack up on per-square-foot house prices. And as it happens, Trulia -- a real estate site -- makes it easy to find out.

Here are how the towns rank, highest to lowest.

Average price per square foot for May-July sales

town price/square foot
Saratoga Springs $167
Latham $145*
Malta $142
Delmar $140
Clifton Park $139
Niskayuna $132
Rensselaer $107*
Albany $104
Troy $89*
Schenectady $78

*These figures are from Feb-April -- there wasn't enough data from the May-July period.

all data from Trulia.com

As with any stat, you have take these numbers with a grain (or shaker-full) of salt. There are a number of factors that influence price/square foot. For example, the smaller the house, generally the higher the cost per square foot because kitchens and bathrooms tend to cost more per square foot and they make up a greater portion of a small house. Also, the sample sizes in a lot of these towns were relatively small -- on the order of 20 or 30 houses. And with samples that small, one or two outliers can make a big difference.

The Bottom Line

Saratoga Springs has the most expensive houses per square foot, and Schenectady the cheapest. At least, according to the data collected by Trulia for May-July 2008.

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

What's All Over Albany?

All Over Albany is for interested and interesting people in New York's Capital Region. In other words, it's for you. It's kind of like having a smart, savvy friend who can help you find out what's up. Oh, and our friends call us AOA.

Search

Recently on All Over Albany

Thank you!

When we started AOA a decade ago we had no idea what was going to happen. And it turned out better than we could have... (more)

Let's stay in touch

This all feels like the last day of camp or something. And we're going to miss you all so much. But we'd like to stay... (more)

A few things I think about this place

Working on AOA over the past decade has been a life-changing experience for me and it's shaped the way I think about so many things.... (more)

Albany tightened its rules for shoveling snowy sidewalks last winter -- so how'd that work out?

If winter ever gets its act together and drops more snow on us, there will be sidewalks to shovel. And shortly after that, Albany will... (more)

Tea with Jack McEneny

Last week we were fortunate enough to spend a few minutes with Jack McEneny -- former state Assemblyman, unofficial Albany historian, and genuinely nice guy.... (more)

Recent Comments

My three year old son absolutely loving riding the train around Huck Finn's (Hoffman's) Playland this summer.

Let's stay in touch

...has 4 comments, most recently from mg

A look inside 2 Judson Street

...has 3 comments, most recently from Diane (Agans) Boyle

Everything changes: Alicia Lea

...has 2 comments, most recently from Chaz Boyark

Thank you!

...has 24 comments, most recently from Erik

A few things I think about this place

...has 13 comments, most recently from Katherine