Albany Condos For Sale

Albany’s condominium market offers a diverse mix of housing options despite its relatively compact size. The city’s largest and most recognizable condominium community is the Gateview complex located along Pierce Street, consisting of the three residential towers at 535 Pierce Street, 545 Pierce Street, and 555 Pierce Street. These high-rise buildings provide a wide variety of one-, two-, and three-bedroom floor plans, many featuring sweeping views of the San Francisco Bay, Golden Gate Bridge, Berkeley Hills, or city skyline. Residents enjoy an extensive list of amenities including 24-hour security, indoor and outdoor swimming pools, tennis courts, fitness facilities, saunas, clubhouse, landscaped grounds, and convenient access to Albany Hill Park and the Bay Trail.

Beyond Gateview, Albany also offers a collection of smaller boutique condominium developments that appeal to buyers looking for a more intimate residential setting. Buildings along Kains Avenue, Taft Avenue, Cornell Avenue, Adams Street, Jackson Street, Tevlin Street, Hillside Avenue, and several newer infill developments provide modern townhomes, contemporary condominiums, and smaller HOA communities featuring attached garages, private outdoor spaces, updated interiors, and walkable access to Solano Avenue’s restaurants, coffee shops, boutiques, and neighborhood services. These smaller developments often have significantly lower HOA dues than the larger high-rise communities while offering newer construction and more traditional residential architecture.

Albany’s condominium and townhome market has remained remarkably resilient over the past two years despite higher interest rates affecting many Bay Area markets. During the most recent 24-month period, 62 condominiums and townhomes sold throughout the city, with prices ranging from $303,800 for an entry-level condominium to $1,386,000 for a newer luxury townhome. The average sale price reached approximately $576,000, while the median sale price was approximately $520,000. Homes averaged 48 days on the market, with a median marketing time of only 40 days, demonstrating that Albany continues to attract steady buyer demand despite limited inventory.

The sales data illustrates Albany’s wide variety of housing opportunities. Entry-level one-bedroom condominiums, particularly within the Gateview community, generally sold between $300,000 and $450,000, offering one of the most affordable ownership opportunities within Albany’s highly regarded school district. Two-bedroom condominiums commonly sold between $450,000 and $700,000 depending upon location, floor level, views, updates, and amenities. Buyers seeking newer construction or larger townhome-style residences frequently purchased homes between $800,000 and well over $1 million, particularly in the city’s boutique developments where modern floor plans, attached garages, and private outdoor living spaces command premium prices.

One of the defining characteristics of Albany’s real estate market is its exceptionally limited inventory. Unlike neighboring Berkeley or Oakland, relatively few condominium communities exist, making quality listings highly competitive whenever they become available. Updated residences featuring remodeled kitchens, renovated bathrooms, hardwood flooring, private balconies, bay views, or modern finishes frequently sell quickly and often generate multiple offers. Buyers place significant value on Albany’s excellent schools, walkability, and central location, helping support long-term property values throughout the city.

Location continues to be one of Albany’s greatest strengths. Residents enjoy easy access to Solano Avenue’s vibrant collection of locally owned restaurants, coffee shops, bookstores, grocery stores, and specialty retailers. The nearby waterfront, Albany Bulb, Eastshore State Park, and the San Francisco Bay Trail provide outstanding recreational opportunities, while commuters benefit from quick access to Interstate 80, BART, Transbay bus service, and major employment centers throughout Berkeley, Emeryville, Oakland, San Francisco, and Silicon Valley.

For buyers looking for resort-style amenities, the Gateview community remains Albany’s premier high-rise condominium development, offering panoramic views and one of the most extensive amenity packages in the East Bay. Buyers seeking newer construction or smaller homeowner associations often gravitate toward boutique developments throughout central Albany, where contemporary townhomes and low-rise condominium buildings provide modern floor plans and a more intimate residential setting. Each community offers its own unique lifestyle, HOA structure, and pricing, making local market expertise especially valuable when comparing properties.

Whether you’re purchasing your first condominium, relocating from San Francisco, downsizing, or investing in East Bay real estate, Albany continues to offer one of the Bay Area’s strongest combinations of location, schools, walkability, and long-term value. With consistently limited inventory, strong buyer demand, and a wide range of condominium and townhome styles, Albany remains one of the East Bay’s premier destinations for condominium ownership. Understanding the differences between Albany’s individual communities, HOA structures, amenities, and recent comparable sales is essential to making informed real estate decisions in this highly competitive market.

If you are interested in learning more about Albany condos currently on the market browse the various listings below and feel free to reach out with any questions. If you have an Albany condo to sell, I am experienced in this market and know what it will take to get top dollar. Contact Derek Wagley, Broker Associate at Keller Williams Realty at 925-451-6679 or dwagley@kw.com with questions.