During the week of November 8 to November 14, 2023, Tompkins County experienced a robust real estate market with a total of 27 home transactions. The median sale price stood at $348,000 for a 1,280-square-foot home located on Strowbridge Street in Ulysses.
Among the notable transactions, Caroline Emmitt C. Houston and Josie L. Wyllie sold a residence at 2084 Slaterville Road for $270,000. This property features 2,098 square feet of living space, comprising five bedrooms and three bathrooms, translating to approximately $129 per square foot.
Another significant sale was recorded at 3 Lewis Street in Dryden, where William D. Graeper sold his home for $295,000. The residence spans 2,430 square feet and also offers five bedrooms and three bathrooms, resulting in a price of $121 per square foot.
In a higher price bracket, Tonima Biswas acquired a two-bedroom, two-bathroom home at 20 Goodrich Way for $405,000. The property measures 1,712 square feet, costing roughly $237 per square foot.
The market also saw significant activity in Ithaca, where several properties changed hands. For example, Laurie Brown purchased a 3-bedroom home at 117 Park Place for $230,000. This home is 972 square feet, reflecting a price of $237 per square foot.
Another notable transaction involved Ellen Bonn Trust, which sold a property at 110 Penny Lane to Sinhee Kim for $338,000. This smaller home, at 768 square feet, has two bedrooms and two bathrooms, translating to a higher price per square foot of $440.
The week also saw a transaction in Newfield, where Ellen Williams and Michael Williams sold a substantial property at 1500 Elmira Road for a mere $9,000. Spanning 3,478 square feet, the home includes four bedrooms and four bathrooms, resulting in an astonishingly low price of $3 per square foot.
In terms of pricing trends, the highest sale was recorded at 26 Aspen Way, where Douglas R. Firth and Trisha Firth sold their home for $662,200. The property features 2,360 square feet of living space, with four bedrooms and three bathrooms, equating to $281 per square foot.
Tompkins County’s real estate market remains dynamic, reflecting a variety of price points and property types. These transactions not only highlight the ongoing demand for housing in the region but also indicate the diverse preferences of homebuyers.
As more data becomes available from this week, trends in pricing and sales volume will continue to emerge, providing further insight into the local real estate landscape.
