URGENT UPDATE: In a significant week for real estate, 27 homes were sold in Tompkins County from November 8 to November 14, marking an active period in the local housing market. The standout transaction was a 1,280-square-foot home on Strowbridge Street in Ulysses, which sold for $348,000.
The real estate activity highlights the ongoing demand in the area, with various properties changing hands at competitive prices. Notably, a home at 2084 Slaterville Road sold for $270,000, featuring five bedrooms and three bathrooms within 2,098 square feet of living space. This equates to approximately $129 per square foot, illustrating the diverse options available to buyers.
Another significant sale occurred at 521 Irish Settlement Road, which fetched $725,000 for a spacious 2,360-square-foot residence, averaging $307 per square foot. The property includes three bedrooms and two bathrooms, appealing to families seeking more space.
Other noteworthy transactions include:
– 40 Turkey Hill Road: Sold for $365,000, offering 1,744 square feet with four bedrooms.
– 409 S. Albany St.: Purchased for $410,000, featuring five bedrooms in 1,781 square feet.
This surge in home sales underlines the robust real estate market in Tompkins County, as buyers are actively pursuing properties that meet their needs.
Local real estate experts report that the median sale price of homes remains strong, reflecting increasing interest from buyers. The rapid turnover of properties indicates a competitive atmosphere, making it crucial for prospective buyers to act quickly to secure their desired homes.
Looking ahead, potential buyers and sellers should stay alert as further developments in the local real estate market are anticipated. With continued interest, the trend of active selling is expected to persist, influencing prices and availability of homes in the coming weeks.
For those interested in the latest trends and sales in Tompkins County real estate, this week’s activity showcases a vibrant market that is evolving rapidly. Stay tuned for further updates as more properties are expected to enter the market and additional transactions are finalized.
