UPDATE: Cortland County’s real estate market is heating up, with 8 homes sold between December 1 and December 7. The latest figures reveal a robust activity in home transfers, signaling a dynamic shift in the local housing landscape.
The standout sale was a 1,512-square-foot home on Galatia Street in Marathon, which changed hands for $167,500. This transaction highlights the increasing demand for residential properties in the area, demonstrating a trend that could impact future market activity.
Among the notable transactions, Cortland Weldon Homes LLC acquired a sizable 3,232-square-foot property at 24 Union St. for $155,000, translating to just $48 per square foot. This five-bedroom, three-bathroom home reflects the variety of options available to prospective buyers.
In another significant deal, Jepson Ordway and Sharon Ordway purchased a 1,824-square-foot residence at 45 Evergreen St. for $215,000. The sale, which included three bedrooms and two bathrooms, came in at $118 per square foot, revealing a competitive market for family-sized homes.
Additionally, Jeremy Brown acquired a 960-square-foot home at 120 Route 200 for $73,000, marking a price point of $76 per square foot. This three-bedroom, one-bathroom property underscores the diverse options available to buyers at various price levels.
The week also saw Peter Shevchuk and Ludmila Shevchuk selling their 1,824-square-foot home at 5101 Foster Road for a notable $395,000, achieving $217 per square foot. The four-bedroom, three-bathroom layout makes it an attractive option for families seeking more space.
Other transactions included Jessica Drury and Joshua Santiago purchasing a 1,292-square-foot home at 9 Galatia St. for $160,000. This two-bedroom, two-bathroom property sold for $124 per square foot, illustrating the range of affordable options available.
Finally, Luke McCloskey and Jackalynne McCloskey bought a spacious 3,036-square-foot home at 6449 W. Scott Road for $195,000, which averages out to $64 per square foot. This four-bedroom, three-bathroom residence adds to the growing inventory of family homes in the area.
As the Cortland County real estate market continues to evolve, these transactions reflect a vibrant community where buyers are actively seeking new opportunities.
What’s next? Keep an eye on upcoming sales and listings as the region’s housing demand shows no signs of slowing down. Expect more updates as the market heats up, and be prepared for potential shifts in pricing and availability as we move forward into the winter months.
Stay tuned for more real estate news and developments as we report on the latest trends and transactions in Cortland County and beyond!
