Market Snapshot
Albany is the cultural and economic heart of the state of New York, while Saratoga is its quieter neighbor. During weekends and holidays, the area transforms into a recreation nirvana, providing points of interest that meet the entertainment needs all types of people.
As a capital city, Albany has all the bells and whistles common in cities of its stature. Its economy is booming, with various Fortune 500 companies setting up shop here, including American Express, Merrill Lynch, Verizon, Goldman Sachs, and General Electric. Albany has rich culture, and is known for its history, commerce, and architecture. For these reasons, it won the All America City Award in 1991 and 2009. The position of Albany and Saratoga make it a convenient stop for touring artists and acts. Spots like The Egg and the Palace Theater host spoken word, music, and theater performances for locals to enjoy. The TU Center also hosts national and international shows, sporting events, and bands. Clubs and restaurants compete for space in the various streets in this area, revitalizing the nightlife in Albany and Saratoga. Some of the festivals residents can look forward to include the Tulip Festival, Independence Day fireworks display, The Albany Chefs Food and Wine Festival, and the Capital Pride Parade.
The price of a home in this area rangers from the upper $100s to the mid $800s. There are so many neighborhoods in this area, and New Home Source arranges them in an easy-to-find format, making it easier for newcomers to find their ideal home. From single family units to homes built on your lot, you can find an option that meets your specifications on our site. With New Home Source, searching for the ideal home in Albany and Saratoga does not have to be frustrating or stressful, we list everything from modular homes to luxury homes. Simply browse through our listings and use the filter to narrow down your choices so that you can get your perfect home.
Overview: New Construction in Albany & Saratoga, NY
Here is a quick overview of what the new construction market currently looks like in Albany & Saratoga.
| Metro Area | Albany & Saratoga |
| State | New York |
| New Home Communities | 2 |
| Move in Ready Homes | 4 |
| No. of Homes Under Construction | 0 |
| Starting Price | $775,000 |
| Average Price | $1,232,765 |
| Price Per Square Foot | $535 |
| Home Builders | 1 |
| Builders in Albany & Saratoga |
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Customizable Options in Albany & Saratoga
| Floor Plans Available | 18 |
| Bedroom Count | 3 to 6 |
| Bathroom Count | 1 to 5 |
| Square Footage Range | 607 to 5,538 sq/ft. |