All Over Albany

Capital Region median home prices 2011

The 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.