Monday Morning {real estate} Market Update

thumbnailWho doesn’t love Monday mornings and alliteration?!  Ok, I understand if Monday’s aren’t your thing.   But let’s get it started anyway with some real estate market updates!

As of today, the total active or listed for sale residential, non-lake front properties in the Ithaca Board of REALTORS mls (multiple listing service) is 481.  The average list price is $258,401. The median list price is $208,998.  The highest listed non lake front property is $1,650,000 which is a 30 acre equestrian estate with a 5200 sq ft house in Dryden. The lowest listed property is $9,000 and it’s a .53 acre property with a structure in the town of Caroline.

The MLS YTD residential, non-lake front units sold is 299.  The as you can see the average sold price is $214,368 and the median sold price is $190,000.  The average isn’t too far skewed with the highest sold price YTD being $745,000 and the lowest sold price being $15,500.

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Stats courtesy of the Ithaca Board of REALTORS mls—the mls covers the following counties: Tompkins, Cortland, Cayuga, Chemung, Seneca, Schyuler, & Tioga

That’s the current market in a snap shot.  If you are curious about your specific market and would like information, please email or call me and i’d be happy to help with a complimentary market snapshot for your specific market.

 

 

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