Are New Yorkers Struggling To Sell Their Homes?
Maybe you're like me and thinking about retiring and moving to the South. Before I do that, I'll have to sell my house in New York. If you're in the same boat and want to know how long it might take before you get an offer, we have a few answers.
A few months ago the market was on fire, it was so hot that homes in New York were selling practically the same day they were put on the market. Is that still the case? A study done by PortlandRealEstate.com pulled data from Zillow to find out what states homes are taking the longest to sell their homes. After all the results were in, New York came in fifth.
The States That Take the Longest To Sell a Home
Surprisingly (to me anyway), the study found that Hawaii is the #1 state that takes the longest time to sell a home. Their houses would sit an average of 65 days on the market. Louisiana and Mississippi come in second and third place.
New York takes about 54 days to receive an offer on your home. However, if you're living in Malone (a town in Franklin County), you might have to wait a little bit longer. Houses there take 91 days to sell. The rest of the houses in New York are selling a lot faster.
The States Where Houses Sell the Fastest
When it comes to the other end of the selling spectrum, New Hampshire is where the houses are selling the fastest. Houses in New Hampshire take an average of only 23 days to sell there.
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