What a seller's market means before you start writing offers
If you are asking whether buyers still have room to be selective in Cohoes, NY, I would say yes, but only if you are decisive. Recent supply was 1.73 months, and the market summary labeled that a seller's market. That does not erase choice completely, but it does mean I would keep expectations tight and timing sharp in Cohoes, NY.
The supply picture is straightforward. Last month, Cohoes, NY had 1.73 months of supply, 14 new listings, and 10 homes move into pending status. That is the kind of market where demand is still absorbing available homes at a steady clip. I would not let the seller's market label push you into panic. The typical asking price for active homes in Cohoes, NY was $260,000, while newly pending homes had a typical asking price of $271,750. That tells me buyers are still choosing across a range and not every home is creating the same level of pressure. Define your top criteria before you begin. Keep your budget and paperwork ready so you can act fast when the right home appears. Stay selective, but stay ready. In Cohoes, NY, buyers usually lose ground when they confuse preparation with patience.
About Jessica Hurta
Jessica Hurta is a licensed Real Estate Professional affiliated with Jessica Hurta at eXp Realty, specializing in the Cohoes market. With a focus on strategic marketing and deep local knowledge, Jessica Hurta provides clients with expert guidance in navigating complex real estate transactions. View full profile →
