Sold and closed single family homes in Albany County were 66 in February, down from 102 in February '08. The median selling price was also down to $180,000 from $190,000 the previous February. The average percentage of asking price received by Albany County sellers was 95.4% compared to 96% the previous February. Average Days on Market fell from 89 last February to 81 this.
Pending sales (purchase contracts signed) in February 09 were 150 against an inventory of 1142 single family homes, or a 7.6 month supply of homes an improvement from January.
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