Capital Region core counties

Select cities and towns

Capital Region median home prices 2012

real estate sign porchThe number of homes sold in the Capital Region took a big jump in 2012 compared to the year before, according to stats out this week from the Greater Capital Region Association of Realtors. The number of closed sales across the region increased 15 percent, the first increase in years.

Median prices were also up, but the increase was smaller. The median price across the region was up 4 percent, to $192,000.

Here's GCAR's report for 2012. The average number of days it took for a house to sell last year was 98, down from 102 in 2011. And this past December, "inventory" -- the number of homes for sale -- hit its lowest point since 2008, as did "months of inventory."

GCAR also provides breakouts for individual counties and a group of cities/towns. We've collected those 2012 numbers in an quick-scan table post jump.

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

For a little bit more context, we've included median sale prices from 2008.

The six county region included in GCAR's total numbers includes Albany, Montgomery, Saratoga, Schenectady, Schoharie, Rensselaer, and Washington counties. We've broken out the four core counties above.

All numbers via GCAR.

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.

The Scoop

Ever wish you had a smart, savvy friend with the inside line on what's happening around the Capital Region? You know, the kind of stuff that makes your life just a little bit better? Yeah, we do, too. That's why we created All Over Albany. Find out more.

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 too much like... (more)

A quick recap of the week

Here are a few highlights from the past week on AOA: + Luke walked through the story of how 27 properties in a Troy neighborhood... (more)

Carolyn McLaughlin is running for Albany mayor

Common Council president Carolyn McLaughlin officially announced Saturday morning that she's running for mayor of Albany. From her announcement speech at the Albany Colosseum building... (more)

Leads to fish

The little fish on this storm sewer grate in Albany caught our eye this week -- it's next to the note about the sewer draining... (more)

Washington Ave Ext speed limit change

The state Department of Transportation announced Friday it's changed the speed limit on Washington Ave Extension to 45 miles per hour. (You might remember the... (more)

Recent Comments

For a big selection of beautiful desserts - Different Blend Bakery on Carmen Road. They also have plenty of things to take home and cook through like bread and cinnamon rolls.

Leads to fish

...has 1 comment, most recently from Ed

The Moses fountain in Washington Park

...has 8 comments, most recently from Howard Blue

Frank and Giovanni's Market

...has 16 comments, most recently from Fernando

3Fish Coffee

...has 12 comments, most recently from -S

Favorite local foods of 2016

...has 5 comments, most recently from Timothy D. Byrns