Capital Region home prices in 2016 were a lot like they were in 2015. And 2014.

home for sale sign

The median sales price of single-family homes in the greater Capital Region has been (almost) flat for the last three years.

That's one of the bits from the latest batch of stats from the Greater Capital Association of Realtors, which includes numbers for the whole span of 2016.

The median sales price for 2016: $195,000

The median sales price for 2015: $195,000

The median sales price for 2014: $193,915

(The median is the price at which half the homes had higher sales prices and half had lower.)

The average price was also (almost) the same in 2016 and 2015 at not quite $222,500.

One aspect of the market that does appear to be changing -- and might point toward a rise in prices -- is that the number of homes for sale was down almost 22 percent in 2016 compared to 2015. And the average number of days a home was on the market before it sold was 74 -- down from 84 in 2015 and 88 in 2014.

GCAR also breaks out numbers for counties and some municipalities into individual reports. So let's have a look...

It's important to note these numbers have some limitations, maybe the most important of which is that for some municipalities the number of sales is relatively small so a few sales one or way or the other can shift the median. Another thing is that these numbers are for overall price, not price per square foot -- so they're not necessarily comparing all the same types of apples.

Counties

Municipalities

Comments

This wasn't the impression I got while house hunting. Anything decent gets SNATCHED from the market within 4-5 days, often without making it to Zillow. Our search spanned 2 counties and it took us 2 years to find a place to live and the criteria weren't super-strict: younger than 50 years, upper 200s to lower 300s, not cramped.

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

Drawing: Tickets for the Gathering of the Farm Cideries 2018 at Nine Pin

The annual Gathering of the Farm Cideries returns to Nine Pin Cider in Albany February 17. We have a pair of tickets for the event... (more)

A new, expanded spot on Lark for Pint Sized

The Lark Street craft beverage shop Pint Sized is moving -- to a new location, and to a (somewhat) different format. "It's time to grow,... (more)

To the dogs

This Chris Churchill column is first and foremost about the ongoing dog poop problem at Capital Hills. But it also gets at a potentially more... (more)

Dave Matthews Band returning to SPAC

The Dave Matthews Band is returning to SPAC July 13 and 14. Tickets go on sale February 2 -- they're $45.50 and up. (There's also... (more)

Morning Blend

Pedestrian killed in Rotterdam hit-and-run + Police arrested a Schenectady woman in connection with the hit-and-run crash in Rotterdam Friday night in which 46-year-old Dramone... (more)

Recent Comments

This is potentially good news for St. Josephs. I walk around it 2 or 3 times a week and the last few years the deterioration has seemed to accelerate. She will be looking right at it everyday from her front windows.

Drawing: Tickets for the Gathering of the Farm Cideries 2018 at Nine Pin

...has 34 comments, most recently from ab

Jack White at Brewery Ommegang

...has 1 comment, most recently from Steve P

State Attorney General's office: Troy police review of fatal shooting was "deficient and incomplete"

...has 2 comments, most recently from Sean

A new, expanded spot on Lark for Pint Sized

...has 2 comments, most recently from Anthony

To the dogs

...has 2 comments, most recently from K