November Home Prices Up But Sales Down

Dated: 12/30/2014

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Here is the monthly breakdown in the Capital Region real estate numbers, comparing November 2014 to the same month in 2013. Overall, the median sale price was up 3.2%, but pending home sales were down 4.9%. But if you look at median sales year to date for two bellwether markets, in Albany the median sale price is essentially unchanged increasing 0.8% and in Clifton Park the median sales price edged up 1.4%. North Colonie experienced one of the largest price gains year to date, jumping 4.9% in median home sales price, while South Colonie was essentially flat (-0.3%), Guilderland lost 2.3%, and Bethlehem nudged up 0.4%.

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Alexander Monticello Esq.

Alexander is a New York State licensed real estate broker and New York State licensed attorney. A life long upstate New Yorker, Alexander has lived and worked in the Capital Region since 2005. He has ....

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