UPDATE: A total of 27 homes were sold in Tompkins County from November 8 to November 14, marking a significant week in local real estate activity. The median sale price was $348,000 for a 1,280-square-foot home located on Strowbridge Street in Ulysses.
This surge in transactions reflects ongoing interest in the housing market, with buyers eager to secure properties before year-end. The diverse range of listings includes homes from various neighborhoods, catering to different budgets and family needs.
Among the noteworthy sales was a property at 2084 Slaterville Road, sold for $270,000. The home features 2,098 square feet, five bedrooms, and three bathrooms, highlighting the demand for larger family homes. Additionally, a standout sale at 521 Irish Settlement Road reached $725,000, showcasing a desirable location and spacious living options.
Other significant transactions include:
– 40 Turkey Hill Road, sold for $365,000 with four bedrooms and two bathrooms.
– 117 Park Place, purchased for $230,000, a compact option at three bedrooms and one bathroom.
– A luxury listing at 26 Aspen Way, sold for an impressive $662,200, featuring four bedrooms and three bathrooms.
This week’s sales data underscores the competitive nature of the market, with properties moving quickly, often within just days of listing. The average price per square foot across sold properties varies significantly, indicating diverse market segments catering to both first-time buyers and those looking for upscale options.
Real estate experts suggest that this trend of increased transactions may continue as more buyers enter the market, driven by low interest rates and a desire for homeownership.
As the holiday season approaches, potential buyers are encouraged to act swiftly. With limited inventory and rising prices, homes are expected to continue selling rapidly.
Stay updated for more developments in Tompkins County’s real estate landscape as we track ongoing trends and new listings. Don’t miss out on opportunities—share this news with fellow prospective homebuyers and sellers!
