Is New York a good place to relocate to?

New York might be a good place to live, depending on what you're looking for. Home prices have gone up a little bit over the last year, and there are more homes to choose from right now. The typical home is listed at $792,000, which is slightly higher than last year (up 0.7%). Prices per square foot also increased by 3.4% to $537, so you're paying more for the space you get. There are more homes available now compared to last year. Active listings are up 4.8%, and new listings have jumped by a significant 28.2%. This means you have more options if you're looking to buy. Homes are selling a bit faster than before, staying on the market for 47 days, which is quicker than last year. However, fewer homes are going under contract compared to last year, with pending listings down 17.6% relative to the number of active listings. If you are thinking about moving to New York, you'll find more homes on the market now, but prices have also edged up compared to last year.