Recent real estate transactions in **Cortland County** indicate a notable uptick in high-value property sales. Between **September 27** and **October 10**, the most expensive home sold for **$305,000**, marking a significant moment in the local housing market. Over this two-week period, only two residential sales were recorded, with an average transaction price of **$215,000**.
High-Value Transactions Highlighted
The standout property was a single-family residence located at **3671 Delaware Ave.** in **Cortlandville**. This home, finalized on **September 8**, features **three bedrooms** and **two bathrooms**, and offers a living area of **1,636 square feet**. The price per square foot for this property was **$186**, reflecting its premium status in the region.
In addition to this top sale, a second property was sold during the same timeframe. The house at **53 Morningside Drive**, a **1,952-square-foot** detached home, fetched **$125,000**. Built in **1978**, this residence includes **four bedrooms** and **three bathrooms**, with a price per square foot of **$64**. This transaction was also finalized on **September 8**.
These sales reflect a broader trend in the **Cortland County** housing market, where recent data indicates fluctuations in home values. The average price per square foot across the two transactions was **$119**, demonstrating a range in pricing that could attract different buyer demographics.
Market Trends and Future Outlook
Although only two sales were recorded, the data suggests that there may be pent-up demand in the local market. The average sale price of **$215,000** indicates that buyers are willing to invest in quality properties, and the higher-end sale of **$305,000** could signal a shift towards more premium offerings in the area.
As **Cortland County** continues to evolve, property values and sales figures will be closely monitored, especially as the region navigates the dynamics of the real estate market. The interest in homeownership, coupled with the limited number of high-value transactions, will likely shape the county’s housing landscape in the months to come.
Overall, the recent sales in **Cortland County** underscore both the challenges and opportunities present in the current real estate environment. With a mix of affordable and high-end properties, the area remains a focal point for potential homebuyers and investors alike.
