New York received the juice, snatching four of the best -selling markets in the country in January 2025, even when the wider market of housing in the SH.BA
Redfin’s latest data show that houses nationwide took an average of 56 days to find buyers – a week from last year and the longest reception since January 2020.
The charge is Rochester, where the property flew out of the market to an average of just 13 days, the fastest in the country.
Nearby Buffalo was not far away, with houses snapped within 16 days. Albany, the state capital, scored in 25 days, and the Nassau District of Long Island rounded the strong New York show among the 10 fastest markets.
Alentown, Pennsylvania, also hit the fast lane with 24 days, along Richmond, Virginia, in 27 days.
New York’s dominance in fast sales indicates strong demand, potentially promoted by relative affordability and sustainable economic activity in these metro compared to the most precious coastal centers.
“Those areas are post-industrial,” said Kirsten Jordan, from the Corcoran group, to behind and, indeed, Rochester and Buffalo are both in the rust belt. “They had this boom in [20th century]Where people were building houses and living there and working in factories, and then they left as the remaining industrialization. “
This left behind a supply of older, often fixed homes that remain affordable, with average prices that match the closing with the national range of “three hundred and something thousands of dollars”, noted. “It makes another different, especially for young people who just want to stabilize their living costs now.”
Meanwhile, national slowdown was fierce in parts of the sun belt, especially the South Florida.
Strong Lauderdale houses continued for an average of 92 days, with Miami near 89 days – both were the markets that blossomed during the pandemia.
Austin and West Palm Beach each posted 87 days, while Honolulu struck 84 days, placing them among the country’s slowest markets.
Other factors, including the shortage of homes, also contribute why homes are selling faster in the region.
“Northeast, and especially New York, continues to be challenged by the lack of inventory that has kept the market lower than markets in the Sun Belt states,” added Miller Jonathan Miller by Miller Samuel. “Exiting Pandemia, important internal migration in the south, caused construction in those areas and attracted more market lists for sale.”
Florida claimed four of the 10 most selling metrotes, with most others in the south, signaling a cooling in regions that increased while raging the Pandemic era.
“Right now with Florida, the cost of keeping those houses is increasing so much because of the insurance,” Jordan added, underlining the flood and natural disasters as major expenses. “You are not dealing with those crazy numbers in New York for the fact that we are not seeing so much of those issues related to hurricanes.”
Florida subway areas also face infrastructure strain.
“If you were in Miami recently … You literally have to drive around 10am and 3am, otherwise you can’t get anywhere,” Jordan said.
Add to this increase in the costs of full service buildings, and the appeal fades compared to homes with a single family of New York, where “you are not paying a doorman or such a thing,” she added.
Contrast highlights a bifurcated market, where local factors such as prices and results of job growth.
Contrast with Texas, another slow moving, is showing evenly. The 87 -day average of Austin reflects a cooling from its Covid -o boom.
But the unstable shifts of questions and jobs made some support their movements, unlike New York, where “there is a basic kind of stabilizing what people think they will pay to live in these places,” noted Jordan.
New York fast markets benefit from “good infrastructure and quality of life,” Jordan said, promoting sustainable demand.
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