What your money buys on today's market by style of home, number of bedrooms and baths. 



Average Asking* Prices are for homes in excellent to superior condition in a highly rated school districts**

$167,667
2BR 1BA Bungalow
$157,427
  2BR 1BA Townhouse 
$173,823
  3BR 1.5BA Townhouse or 4BR 1BA Bungalow 
$166,085
  3BR 1BA Raised Ranch or Cape
$205,300
  4BR 1BA Raised Ranch or Bungalow
$221,897
  3BR 1.5BA Raised Ranch or 2-Story
$222,631
  3BR 2BA Townhouse or 2-Story
$209,866
  3BR 1.5 BA Ranch or 4BR 2BA Cape
$235,405
  3BR 1.5BA Colonial w/Garage, Dining & Family Room
$263,700
  3BR 2BA Custom w/Garage, Dining & Family Room
$347,528
  4BR 2.5BA Custom w/Garage, Dining & Family Room
$425,873
  4BR 2.5BA Colonial w/Garage, Dining & Family Room (including new construction)
$465,269
  4BR 2.5BA Custom Colonial w/Garage, Dining & Family Room (including new construction)
$555,000
  And up. Same as above but in a prestigious community plus higher construction standard and amenities. 

What your money buys in today's market based on school district for all styles of home in any condition based on sold price .

High School

***Average 
Sale Price

Standard
Deviation

Albany
$175,159
$42,807
Averill Park
$216,687
$57,851
Ballston Spa
$228,691
$45,227
Berlin
$168,691
$34,891
Berne Knox Westerlo
$227,434
$41,419
Bethlehem
$288,353
$71,678
Brittonkill (Brunswick Central)
$205,824
$56,219
Burnt Hills (Ballston Lake)
$242,767
$57,733
Cohoes
$163,105
$20,543
Corinth
$176,771
$37,454
Duanesburg
$222,241
$50,806
East Greenbush
$213,203
$55,328
Galway
$238,571
$56,516
Greenville
$201,428
$57,278
Guilderland
$267,940
$74,800
Hoosick Falls
$167,974
$42,941
Hadley Luzerne
$153,781
$51,371
Hoosick Valley
$193,997
$44,760
Mechanicville
$209,082
$30,450
Mohonasen-Draper
$237,082
$33,083
Niskayuna
$272,813
$67,064
North Colonie 
$304,120
$76,789
Ravena Coeymans Selkirk 
$204,973
$37,821
Rensselaer
$171,890
$21,703
South Glens Falls
$224,958
$39,365
Saratoga
$338,320
$72,468
Schalmont (Rotterdam)
$193,033
$43,339
Schenectady
$118,563
$38,021
Schuylerville
$231,591
$49,863
Scotia Glenville
$177,378
$37,551
Shenendehowa 
$296,591
$65,982
Stillwater
$252,840
$60,120
South Colonie
$207,990
$40,777
Troy
$177,498
$37,398
Voorheesville 
$267,999
$68,368
Watervliet 
$133,314
$13,920

In the above table school districts with an insufficient sales for an accurate average are not represented. Standard Deviation shows variability in prices since averages are determined by actual sales for the previous year which can vary greatly. In this case January 1, 2011 to December 31, 2011

* Average sale price approximately 97% to 98% of asking price

** School districts used in statistics: Bethlehem, Guilderland, North Colonie, Voorheesville, Niskayuna, Burnt Hills, Saratoga, Shenendehowa, and Ballston Spa. These districts are rated by New York State school report card within the counties of Albany, Schenectady, Saratoga, and Rensselaer. 

***Prices in U.S. dollars for all styles of home, adjusted for condition and market appreciation.

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"There are three kinds of lies: lies, damned lies, and statistics." --Benjamin Disraeli (or Mark Twain)