Rochester-area properties keep available on the market for an average of just 26 days, in comparability with the US common of forty six.5 days. The listings additionally generate 70 p.c extra guests in comparison with the nationwide average. The pandemic has had a major effect on the method in which that folks buy and sell homes, however it’s done nothing to chill the red-hot market for houses in the Rochester area. Rising demand and low inventory have upended the native real estate market, with properties sometimes promoting for well above list worth, and often inside days of going available on the market. Workforce StatisticsThis section provides info relating to employment and unemployment in real estate and rental and leasing. While most data are obtained from employer or establishment surveys, data on business unemployment comes from a nationwide survey of households.

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