With only 0.5 months of inventory, Rochester remains a seller's market. Home prices have decreased 33.2% in the past month. With only 2 active listings, inventory is 60% lower than typical for this time of year. Sales volume is down 43% compared to seasonal expectations. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Rochester market with the affordability index at 502.0. Looking ahead, the Rochester market is expected to maintain its current trajectory with relatively stable conditions.