URGENT UPDATE: Cortland County real estate activity has just been reported, revealing 8 home transactions from December 1 to December 7, 2023. The real estate market is heating up, with a notable median sale of $167,500 for a 1,512-square-foot home on Galatia Street in Marathon.
Among the transactions, Cortland Weldon Homes LLC acquired a substantial 3,232-square-foot property at 24 Union St. for $155,000. This home features five bedrooms and three bathrooms, demonstrating a growing demand for spacious family homes in the area.
In another significant deal, Jepson Ordway and Sharon Ordway purchased the property at 45 Evergreen St. for $215,000. This residence spans 1,824 square feet, highlighting the trend towards mid-range homes as buyers seek value.
The transaction list also includes a sale by Jeremy Brown, who sold 120 Route 200 for $73,000. This property, at 960 square feet, features three bedrooms and one bathroom, appealing to first-time buyers seeking affordability.
Additionally, the home at 5101 Foster Road was sold by Peter Shevchuk and Ludmila Shevchuk to Ronald Goers and Susan Goers for $395,000. This 1,824-square-foot property boasts four bedrooms and three bathrooms, showing that larger homes continue to attract buyers willing to invest.
Other notable sales include 1 Brink St., sold for $130,000, and 9 Galatia St., which fetched $160,000. The variety in these transactions reflects a dynamic market, catering to different buyer needs and preferences.
As the Cortland County real estate market continues to evolve, these recent transactions signify a robust demand for homes, with buyers actively seeking properties in various price ranges.
WHAT’S NEXT: Keep an eye on upcoming sales and trends in the area. This data not only reflects current market conditions but also sets the stage for future developments. The real estate community and potential buyers should stay tuned for further updates as this week unfolds.
For more detailed reports on local real estate, follow our ongoing coverage. This wave of transactions is just a glimpse of the changing landscape in Cortland County. Don’t miss out on these critical updates—share this information with others who may be interested!
