Business
$4.5 Million Lakeside Ranch Highlights Onondaga County Sales
During the week of November 16 to 22, 2023, the Onondaga County Clerk’s office recorded a total of 119 residential property sales. The standout transaction of the week was a luxurious ranch located on a 1.02-acre lot along the scenic shores of Skaneateles Lake, which sold for an impressive $4.5 million. This transaction highlights the competitive nature of the local real estate market.
The ranch’s sale underscores a growing trend in high-value properties within the county. Alongside this notable sale, a comprehensive list of additional transactions was reported, reflecting a diverse range of properties across various price points. The latest sales data is sourced from public records maintained by the Onondaga County Clerk’s office.
Overview of Recent Sales
These transactions reveal insights into the real estate landscape in Onondaga County. Notable sales included:
– **Camillus**: A home at 112 Park Way sold for $100,000. Another property at 135 Peridot Drive fetched $501,000.
– **Cicero**: Properties ranged from $130,000 for 5760 Route 31 to $575,000 for 6228 Kenlaren Circle.
– **DeWitt**: A home on 500 Hazelhurst Avenue sold for $135,000, while another at 311 Hampshire Drive went for $360,000.
– **Manlius**: The highest price in this area was $643,000 for 7495 James Street.
The figures indicate a robust market with a variety of options for buyers, from affordable homes to luxury estates.
Understanding the Market Dynamics
The fluctuations in home sales reflect broader economic trends influencing real estate across Central New York. The data is continually updated as the state receives information from each county, which may lead to delays in reporting. Some counties have more frequent updates than others, which can affect the timeliness of the information available to potential buyers and sellers.
For individuals interested in exploring properties in Central New York, the Onondaga County Clerk’s office offers an online real estate database that enables users to search for recent sales and property details. This tool can be invaluable for those looking to navigate the current real estate market effectively.
As the sales continue to evolve, the Onondaga County real estate market remains a focal point for both local residents and potential investors, offering opportunities across a spectrum of price ranges. The recent high-profile transaction of the lakeside ranch exemplifies the potential for premium properties in this attractive region.
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