Market Insights | August 2026

*Please Note:  Each month, my analysis focuses on single-family homes in the four main Capital Region counties of NYS, excluding new construction sales.  

Market Insights | August 2026 

The Capital Region real estate market remains strong, stable and relatively predictable.  Here is what happened during the month of July, real estate wise:

Houses listed “for sale” in July 2026 experienced another sizable increase with the number of homes for sale rising by 15%; 1048 houses for sale.    Coincidentally, the number of homes on the market in July 2025 was 1050; nearly identical to this past July.

Pending sales predictably decreased in July by 7%.  I use the word “predictably” since the pending sale category of the real estate market tends to apex in June each year.  So, the decline in pending sales in July is not concerning.  Some prospective purchasers drop out of the real estate market for a bit after the end of the school year and may return during August.  Time will tell how the month turns out.

The average number of days a home remains on the market rises by 5 days to 20 days.  This is not a concerning number, either.  For perspective, in the late 1990’s  the average number of days a home spent on the market was between 120 days and 150 days, depending upon the price.  Interesting, isn’t it? 

Until next month...

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I'll post the September 2026 edition of Market Insights by Tuesday, September 15th, 2026.