The Onondaga County Clerk’s Office reported a total of 119 residential property sales during the week of October 12 to 18, 2023. Among these transactions, the most notable was a luxurious five-bedroom, four-and-a-half-bathroom home in Skaneateles, which sold for an impressive $1,835,000. This property, situated on an oversized lot close to the picturesque lake, highlights the ongoing demand for upscale real estate in the region.
In addition to the high-profile sale in Skaneateles, the week saw a diverse array of properties changing hands, indicating a robust real estate market in Onondaga County. Sales included various types of properties, ranging from farms and inns to apartments. Notable transactions featured properties priced between $23,000 and $1.2 million, showcasing a wide spectrum of options for buyers.
Variety of Sales in Onondaga County
The Onondaga County real estate market has demonstrated resilience and variety. Recent sales data revealed a small lakeside cottage that fetched $2 million, along with other notable transactions involving a six-acre lakeside property that sold for $1.9 million. These figures suggest a healthy interest in both residential and recreational properties, as buyers seek homes that offer a connection to nature.
In addition to residential sales, commercial properties have also seen activity. The week included sales of various businesses, including a bank, funeral home, and supermarket. The commercial transactions ranged from $151 to $1.5 million, further indicating a vibrant economic environment in the county.
Implications for Future Sales
The influx of home sales in Onondaga County signals continued growth in the region’s real estate market. As demand remains strong, potential buyers and investors are likely to keep a close watch on upcoming listings. The data compiled by the Onondaga County Clerk’s Office reflects not only the health of the housing market but also the community’s attractiveness for both residents and businesses.
As the market evolves, it will be essential for stakeholders to stay informed on trends and shifts in buyer preferences, particularly in areas close to scenic locations like Skaneateles Lake. The recent sales activity reinforces the idea that quality properties in desirable areas will continue to command significant interest and investment.