*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 | April 2026
The real estate market in March saw significant surge in activity. More purchasers entered the market while, simultaneously, less sellers entered the market. The month of March is typically a “transitional” month for the Capital Region real estate marketplace. Here are how things unfolded last month:
Houses listed “for sale” in March 2026 experienced a slight decline of 3% to just 576 houses for sale. We should see a jump in this category during April. The irony of less people placing their respective homes for sale in March is that prospective purchasers entered the market in a significant quantity.
Pending sales jumped by 25% in March. Prospective purchasers confidently entered the market with a “ready, willing and able” attitude to buy. They did just that, with 544 houses that went under contract in March.
With the number of purchasers entering the market last month, combined with a slight decline in the number of homes available for sale, the homes which sold in March were on the market just 23 days, on average, down from 36 days in February.
So, the real estate market is seasonally typical for this point in the year. The “spring buying and selling swell” has begun. If you or someone you know is considering selling or buying a home, I can assist you with informed guidance and counsel. I may be reached directly 518-496-9313. Until next month…
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I'll post the May 2026 edition of Market Insights by Friday, May 15th, 2026.
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