Where should young professionals live in New York?

The New York area housing market has a lot of homes for sale right now, especially compared to last year. While prices are slightly down from last year, they've ticked up a bit since last month. Homes are also selling a little faster than they were a year ago. You'll find 37,154 homes currently listed, which is 4.2% more than last year. This means more options for you as a young professional looking to buy. There are also more new homes hitting the market, up 5.3% from last year, adding to your choices. The median listing price is $775,000. This is a small increase of 0.3% from last month, but it's actually 2.5% lower than what homes were listed for a year ago. So, while prices show a small recent bump, they are generally a bit lower than last year, which could be good for your budget. Homes in the area are selling pretty quickly, with a median of 42 days on the market. This is 6.7% faster than a year ago, meaning once you find a place you like, you'll want to act relatively fast. Also, about 9.3% of homes have had their prices reduced, which is a slight increase from last year. Considering more homes are available and selling a bit faster, it's a good time to explore your options. You'll have more to choose from, and prices are a little lower than last year.