In January 2025, New York emerged with four of the fastest-selling housing markets in the U.S., particularly highlighting Rochester with homes selling in just 13 days. This trend starkly contrasts the national market, which has slowed down significantly, with homes taking a median of 56 days to sell. The robust sales in New York are attributed to affordability and stable economic activity in metro areas like Buffalo and Albany. These post-industrial regions benefit from a stock of older homes that offer lower prices compared to other markets, attracting buyers looking to stabilize their housing costs.
Rochester recorded the country's fastest housing market, with homes selling in just 13 days, while Buffalo followed closely at 16 days, reflecting a notable demand in New York.
This surge in rapid sales in New York's metro areas is indicative of demand driven by affordability, as homes in Rochester and Buffalo are comparatively cheaper than those in coastal hubs.
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