These NYC Suburbs Are The Nation’s Strongest Seller’s Markets

The U.S. housing market overwhelmingly favors buyers, but sellers have the upper hand in  New York City suburbs in Long Island and New Jersey. 

Thirty-nine of the 49 major metros were buyer’s markets. The New York City metro area itself is balanced, with 5.3% more sellers than buyers. 

Redfin defines a seller’s market as one where there are more than 10% fewer sellers than buyers. A market with more than 10% more sellers than buyers is a buyer’s market, while anything in between is considered balanced.