UPDATE: A total of 27 homes were sold in Tompkins County between November 8 and November 14, 2023, marking a significant activity spike in the local real estate market. The highest sale during this period was a charming 1,280-square-foot home on Strowbridge Street in Ulysses, which fetched $348,000.
Real estate transactions are buzzing, and buyers are eager to secure properties. The median sale price highlights the competitive nature of the market, with homes moving quickly. The activity included several notable sales:
– Josh Antoine purchased a 2,098-square-foot residence at 2084 Slaterville Road for $270,000. This five-bedroom, three-bathroom home sold for $129 per square-foot.
– William D. Graeper sold a 2,430-square-foot property at 3 Lewis St. to Matthew Beckerink and Nancy Beckerink for $295,000, or $121 per square-foot.
– Mihaela Bocioaga acquired a modern home at 344 N. Applegate Road for $80,000. This 910-square-foot property was an affordable option at $88 per square-foot.
– In a standout transaction, Daniel Farrell and Rebecca Benner purchased a spacious 2,360-square-foot home on 521 Irish Settlement Road for $725,000, highlighting the range of properties available.
The market also saw strong interest in properties like 40 Turkey Hill Road, which sold for $365,000, and 409 S. Albany St., purchased for $410,000. With homes averaging around $250 per square-foot, the demand is evident.
As buyers compete for desirable listings, this week’s sales reflect a robust market with diverse options across the county. The ongoing trend signals a potential upswing in the local economy, driven by the housing sector.
What’s next? Homebuyers are encouraged to act quickly as the market remains dynamic. With properties selling rapidly and prices climbing, those looking to invest in Tompkins County real estate must stay vigilant for new listings. The next week promises to bring even more developments, with potential listings expected to emerge as the demand continues.
Stay tuned for further updates as we track the evolving real estate landscape in Tompkins County. This surge in home sales could shape the market for months to come.
