If you are looking to buy your home in Albany, it is a good idea to note that purchasing a home in this area is a sound investment. The median home price for single family homes and condos in February 2006 was $534,777, a slight increase of over same time last year, where the average home sold for $529,750.
This tiny town takes up no more than one square mile, and has only 17,000 residents. Albany is often referred to as one of the Bay Area's “best kept secrets.” The city lies in the northwestern corner of Alameda County, bordered by the cities of El Cerrito and Richmond on the north and the city of Berkeley on the east and south sides. The terrain is mostly flat, except for Albany Hill, which rises to 338 feet above sea level. Albany is an easy day or half-day trip from all of the popular Bay Area attractions such as wine country, Tahoe, Berkeley, Silicon Valley, San Francisco, and the ocean. The town is the epitome of quaint, with a few lovely shops, restaurants, cafes, and a movie theater. Perspective home buyers in Albany will find a pleasant refuge from the larger cities and town in this area.
Albany is often referred to as "kid town," with over half of the population 35 years of age or younger. About 75% of Albany residents live in family households and, of those families, 75 are headed by married couples. Albany's schools are some of the best in the area. Albany's public schools have an outstanding reputation with student test scores at the elementary, middle and high school levels among the highest in the state. The schools are especially important to families, but Albany is a great community for families, singles, and seniors alike. It is a wonderful town to live in as your investment matures.
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If you are looking to buy your home in Albany, it is a good idea to note that purchasing a home in this area is a sound investment. The median home price for single family homes and condos in February 2006 was $534,777, a slight increase of over same time last year, where the average home sold for $529,750.
