Irondequoit, NY is the most competitive housing market in the U.S., with homes selling in 8.5 days on average.

In a recent report by real estate brokerage Redfin, it was revealed that Irondequoit, NY, a suburb of Rochester, has been identified as the most competitive housing market in the United States. Properties in this lakeside town tend to sell incredibly fast, with an average of just 8.5 days on the market, and often fetch prices well above their initial asking price. Following closely behind Irondequoit are Sunnyvale, CA, Santa Clara, CA, Tonawanda Town, NY (a Buffalo suburb), and Mountain View, CA. Interestingly, California dominated the list with four cities in the top 10, while three were from Western New York.