New York’s real estate market is thriving this year and is showing no signs of slowing down. Thinning supply and rising demand have triggered a gradual price creep, particularly in upscale neighborhoods. Most of the state is currently a ‘seller’s market’—that is, there are more people looking to buy than there are available properties for sale.

If you’re thinking about selling your home in New York, now might be the perfect time. Interest rates are low, buyer competition is high, prices are up, and properties don’t stay long on the market before getting snapped up. In certain cities and neighborhoods, sellers are even cashing out at higher prices.

Here are three of the best places to sell property in New York:

1. Plattsburgh

Located in the northern part of the state, along the shores of Lake Champlain, Plattsburgh, is a lively city with a lot to offer. Residents can enjoy a laid-back environment where nature plays a significant role. The city is surrounded by the Adirondack Mountains and is well-known for its top-tier beaches, parks, and walking trails.

Properties in Plattsburgh have been in high demand since the first quarter of this year. Why should you take this rare window of opportunity to sell your Plattsburgh property?

• Properties sell after an average of 79 days on the market. If you’re in a hurry to sell, consider selling to a real estate investor or cash buyer, like Burlington House Buyers Plattsburgh. You can get a fair offer, sell your home as-is, and even choose your own closing date. This is a great alternative if you don’t want to deal with the frustration of sales falling through at the last minute.
• The most expensive zip codes have a median list price of USD$270,000, while the most affordable ones have a median listing price of USD$89,900.
• The median list price of homes in Plattsburgh is USD$204,000, while the median sale price is USD$240,000. The median list price per square foot is USD$116. These figures are approximately 7.4% higher than last year’s.

2. Rochester

Rochester is primarily known for its robust music culture, with the huge number of festivals, performances, and exhibitions held there every year. This historic city, however, has more to offer to both residents and tourists. It has around 12,000 acres of parkland and is located close to the majestic Lake Ontario. It also boasts numerous attractions, including breweries, art galleries, museums, and amusement parks.

Home prices have continued to climb in Rochester since the beginning of this year. Here are some of the top reasons for you to sell your Rochester property before the market shifts:

• Properties sell after an average of 64 days on the market.
• The sale-to-list price ratio in the city is 110.56%, which means that sellers are accepting bids that are 10.56% above their asking price.
• The median list price of homes in Rochester is USD$149,900, while the median sale price is USD$175,000. The median list price per square foot is USD$100. These figures are approximately 7.1% higher than last year’s.

3. Queens

Queens is New York City’s biggest and most diverse borough. It’s home to world-class museums, sports venues, and other cultural attractions. Residents and tourists alike can enjoy the city’s gustatory offerings, breathtaking parks, and sleek and modern architecture.

Queens’ housing market has been given a jolt this year, with both demand and prices quickly shooting up. Take a look at the following figures to see why it’s a good idea to sell your property in Queens right now:

• Properties sell after an average of 136 days on the market.
• The most expensive zip codes have a median list price of USD$1,000,000, while the most affordable ones have a median listing price of USD$315,000.
• The median list price of homes in Queens is USD$725,000, while the median sale price is USD$665,000. The median list price per square foot is USD$537.

Final Thoughts

The New York real estate market has seen record prices with the reopening of the economy and the return of workers. Properties are beginning to bounce back, and the market has reached a cutthroat phase that hasn’t been seen since 2008. Demand continues to exceed the supply of properties in the state, and sellers have benefitted immensely as home buyers aggressively compete with one another to make up for last year’s slump.

In particular, Plattsburgh, Rochester, and Queens are where sellers are reaping the most rewards. In these cities, buyers are paying more for homes than the price they’re listed for. Homes are flying off the market in a matter of weeks, both in low-cost and expensive neighborhoods.