Capital Region median home prices 2011

real estate sign porchThe median sale price of single family homes in the Capital Region was basically flat in 2011 compared to 2010, according to numbers from the Greater Capital Association of Realtors.

The median price for sale price for a home in the greater Capital Region was $186,032 in 2011. It was $203,511 in the Capital Region's four core counties. Both of those medians were down about 1 percent from 2010.

GCAR (as it's known) recently posted its annual market report for 2011. It includes stats for individual counties, cities, and towns in the Capital Region -- we've broken those out into a table after the jump.

While prices were basically flat for the region as a whole, the average time it took to sell a house increased. GCAR says the average number of days on the market until sale was 101 days in 2011, up from 92 in 2012. (For some perspective, the average was 79 days in 2007. It's been rising each year since.)

Onto the table...

The table is embedded at the top of the page. Scroll all the way up.

A quick note about the numbers:
The median is the point at which the price for half the homes sold was above that mark, and half below it.

Also: GCAR doesn't break out the Capital Region core numbers -- we figured that based on the numbers for the four core counties.

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

The week ahead

Here are a few things to keep in mind, look forward to, or keep busy with this week, from the weather (not bad), to baseball,... (more)

Approval for another large residential project in downtown Albany that could be the first of many notable projects, and other exciting tales of the Albany Planning Board

Exciting Tales of the Albany Planning Board is a program recorded before a live studio audience once a month in which the fates of multi-million... (more)

A row of buildings gone, except for one

A follow up of sorts about the old, beautiful Mechanics and Farmers Bank building at the corner of State and James in downtown Albany and... (more)

BUILT 2018 call for entries

This year's Historic Albany Foundation BUILT event -- "Albany's Architecture through Artists' Eyes" -- will be at the State Museum November 3. The annual fundraiser... (more)

"Gambling was the bedrock of every day of our lives growing up in Schenectady"

At the center of this Ringer profile of new Monday Night Football play-by-play man Joe Tessitore is an account of his childhood in/around Schenectady and... (more)