*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 | July 2026 

The real estate market in the Capital Region continues to surge with new listings and pending sales, both increasing by double digits once again in June.  Here are the highlights:

Houses listed “for sale” in June 2026 experienced yet another increase with the number of newly listed homes entering the market by 10% to 889 houses for sale.    That increase is on top of the 11% increase experienced in May.  

Pending sales increased by 13%, in June.  Prospective purchasers are entering the market enthusiastically and appear to welcome the growing number of newly listed properties.

The average number of days a home spent on the market in June declined by 1 day to just 15 days.  The relatively low market time is due to the rise in the number of prospective purchasers currently looking for their next home.  


When multiple offers are presented on a home, prospective purchasers are often asked to submit their “highest and best offer”.  Now and again, prospective purchasers are tempted to eliminate the home inspection contingency in order to make their offer “more attractive” to a seller.  This is not a practice I endorse for many reasons.  Click here to read “What is a Home Inspection”.


Until next month...


Be sure to save this page to your "favorites" and visit often for updates and additional content posted regularly.


I'll post the July 2026 edition of Market Insights by Wednesday, July 15th, 2026.

Mark Phoenix

Mark Phoenix

Licensed Real Estate Broker/Owner

Mark Phoenix Realty, LLC

markphoenix@markphoenixrealty.com

(518) 496-9313

(518) 556-2346
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