Market Trends: 5/18/2012
Colonie
Market Snapshot
Total Properties Listed:
165
Month-Over-Month Change: +12.24%
Average List Price:
$316,779
Month-Over-Month Change: -.38%
Median List Price:
$242,900
Month-Over-Month Change: -1.26%
Typical Property
Single-Family Home
3.53 Bedrooms
2.08 Baths
$316,779 Average List Price
$145/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$139,700
2 Bedrooms:
$176,784
3 Bedrooms:
$244,927
4 Bedrooms:
$303,820
5 Bedrooms:
$342,663
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Colonie, NY Real Estate:
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About Colonie
Colonie is a town in Albany County. It is the most populous suburb of Albany, New York, and the third largest town in area in Albany County, occupying about 11% of the county. Several hamlets exist within the town. As of the 2000 census, the town had a total population of 79,258.
The town of Colonie is north of Albany, New York, and is at the northern border of the county. Within the town of Colonie are two villages, one also known as Colonie and the other known as Menands.
The Watervliet Shaker Historic District is located in Colonie.
The central part of the town was once the location of the extensive Shaker community farms. Much of that land is now occupied by the Albany International Airport.
Colonie is home to Colonie Center Shopping Center, Siena College and Albany International Airport.
Interstate 87, Interstate 787, and US Route 9 pass through the town. State Routes 5, 7, and 32 are also important arterials within the town.
In November 2007, the town of Colonie was ranked the sixth safest place to live in a Morgan Quitno Publishing study of crime rates across the United States. On November 23, 2009, CQ Press rankedthe town of Colonie with the lowest crime rate of all communities in the United States with a population of at least 75,000 residents.
There are four public school districts that serve the town of Colonie, the South Colonie Central School District, North Colonie Central Schools, Watervliet City School District, and Menands Union Free School District.