If you've seen a headline this fall saying Tompkins County home prices are down, the number is real. The median sale price fell 7.6% this year, from $395,000 to $365,000. If you own a home here, that probably made your stomach drop a little. If you're trying to buy, it might have made your heart … Continue reading Are Tompkins County Home Prices Really Down?
2026 does not yet qualify as a buyer's market on absorption. Across the seven-county region, year-to-date supply sits at 3.6 months (a 27.7% monthly absorption rate), which is still inside seller's-to-balanced territory. The conventional threshold for a buyer's market is more than 6 months of supply, or an absorption rate below roughly 16–17% per month. … Continue reading Balanced, Tilting, Not Broken: The Real Story Behind Tompkins County’s Slowing Market
There are only 6 (Trumansburg) Tuesdays left in the year! And Trumansburg is having a banner year for real estate. This tells me the economy in the area and the desirability to live here is strong. Inside the village, YTD, 31 residential properties have sold. The average sale price is $235,000. This is the most … Continue reading Trumansburg Tuesday
Well, with only 9 weeks left (!) in the year and lots of talk recently about real estate and affordable housing I thought this would be a good time to take a look at the overall residential market here in Ithaca and Tompkins County to see where we stand compared to last year and the … Continue reading Monday {real estate} Market update
Happy September 5th and for a lot of us, back to school day! Fall is right around the corner and despite the stereotype that only spring and summer are a good time to buy or sell a house, fall is a fabulous time to do so! Trumansburg currently has 23 non-lake front residential properties … Continue reading Trumansburg Tuesday (Back to School!)
Today's edition of Trumansburg Tuesday focuses on the Village of Trumansburg residential real estate market. Let's take a look back over 10 years and see what the average sold price is for a residential property in the Village along with the # of units sold. From looking at these stats, the village is a diverse … Continue reading Trumansburg Tuesday {july 25}
