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Real Estate
Chemung County home listings asked for less money in January – see the current median price here
The median home in Chemung County listed for $146,400 in January, down 4% from the previous month's $152,450, an analysis of data from Realtor.com shows. Compared to January 2023, the median home list price decreased 11.7% from $166,600. The statistics in this article only pertain to houses listed for sale...
Tompkins County real estate: eight most expensive homes sold, Feb. 3-9
A house in Lansing that sold for $458,000 tops the list of the most expensive residential real estate sales in Tompkins County in the past week. In total, eight residential real estate sales were recorded in the area during the past week, with an average price of $241,378. The average price per square foot ended up at $164.
Tompkins County real estate: See all homes sold, Jan. 27-Feb. 2
The following is a listing of all home transfers in Tompkins County reported from Jan. 27 to Feb. 2. There were 8 transactions posted during this time. During this period, the median sale for the area was a 1,836-square-foot home on Etna Road in Dryden that sold for $322,000. Caroline.
Former “Teall’s Tavern” for sale in Elmira
ELMIRA, N.Y. (WETM) – 18 News confirmed the former “Teall’s Tavern” on 208 South Main Street is up for sale. “Keller Williams Realty” listed the property for $325,000. The pandemic forced “Teall’s” to close in early 2020. It first opened in 2018 at the former location of the “Old Pioneer” sports bar. The listing says […]
New affordable housing complex in Elmira nears fruition. What to know about Reynolds Way
Work on Reynolds Way Apartments, a $20 million, scattered 41-unit affordable housing development in downtown Elmira, is nearing completion. Megan Piper, chief financial officer of Arbor Housing and Development, the owner, developer and property manager of the site, said the project includes four separate historic buildings which are being converted to 30 one-bedroom, six two-bedroom and five studio units utilizing Historic Tax Credits. ...
Tompkins County real estate: nine most expensive homes sold, Jan. 20 - Feb. 2
A house in Cayuga Heights that sold for $825,000 tops the list of the most expensive residential real estate sales in Tompkins County between Jan. 20 and Feb. 2. In total, nine residential real estate sales were recorded in the area during the past two weeks, with an average price of $336,028. The average price per square foot ended up at $210.
Tompkins County real estate: See all homes sold, Jan. 20-Jan. 26
The following is a listing of all home transfers in Tompkins County reported from Jan. 20 to Jan. 26. There were 5 transactions posted during this time. During this period, the median sale for the area was a 2,676-square-foot home on East Falls Street in Ithaca that sold for $345,000.
IDA workforce housing policy struggling with high-cost, high-barrier market
ITHACA, N.Y. – The Tompkins County Industrial Development Agency’s workforce housing policy was intended to alleviate some of the area’s affordable housing woes. However, while many promises of payment have been made, the slowdown in lending and construction has left those promises unfilled. Starting in 2020, the...
Most recent median home sales in Chemung County up at $137,240
Newly released data for October shows that potential buyers and sellers in Chemung County saw houses sell for higher than the previous month's median sale price of $135,000. The median home sold for $137,240, an analysis of data from Realtor.com shows. That means October, the most recent month for which figures are available, was up 1.7% from September. ...
Homes, apartments, commercial property: Corning area's biggest sales of 2023
The Elmira and Corning housing markets reflected national trends in 2023, with higher mortgage rates and low inventory cooling a market that was red hot post-COVID. The Elmira-Corning Regional Association of Realtors tallied a 25% dip in total sales closed in 2023 compared to 2022. ...
West Hill apartment complex sold to out-of-state buyer
ITHACA, N.Y. — West Hill’s Cayuga Garden Apartments have a new owner, as of last week. The complex, formerly known as the Chestnut Hill Apartments and located at 139-157 Chestnut Steet, sold for $4.7 million to a New Jersey-based entity, according to a deed filed with the county clerk’s office last week. That would be a significant increase from the $3.18 million that the seller, an LLC associated with Victor-based High Peaks Capital, paid for the complex back in October 2019.
Tompkins County real estate: See all homes sold, Jan. 13-Jan. 19
The following is a listing of all home transfers in Tompkins County reported from Jan. 13 to Jan. 19. There were 14 transactions posted during this time. During this period, the median sale for the area was a 2,288-square-foot home on Morris Road in Dryden that sold for $215,000. Caroline.
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