The real estate market is mixed across New York. In Buffalo, housing has cooled and there are more sellers than buyers in the market. The average sale price of a house is $120,000. This is even with the prices from a year ago. Houses are on the market for 60 to 90 days before selling.
In Manhattan, buying a place will cost millions of dollars. Rent is an option, but will be expensive too. Manhattan houses are in the form of townhouses, floors in hi-rises, condominiums and skyscrapers. Only in the Bronx, Long Island and Staten Island can you find single-family houses.
In Rochester, the average price of a house is $150,000. The market is even with buyers and sellers and houses are on the market for 60 to 120 days before selling. Sellers are getting 95% of the asking price.