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South Hill Market Report - Ithaca, NY

By
Real Estate Agent with Warren Real Estate 40SA1150031

Greetings from 140 Seneca Way!

The crispness of apples and fall weather is bracing – a welcome change for me, from the balmy, almost tropical heat of late August.  Time to dust off the hiking boots!

Homeowners are now thinking of gutters to clean and leaves to recycle.  Take care on those ladders, and keep these trends in mind if you are thinking of making a move in the coming year:

South Hill School District – History of Sales

Year

Total # Sold

Avg. Sold Price

Median Sold Price

Avg. DOM

2017

63 YTD

281,240

242,750

55

2016

79

265,653

229,500

85

2015

70

246,005

199,750

61

We are ¾ of the way through the year, and with 12 sales pending in South Hill, we should finish the year with 75 sales more or less – this is a very consistent performance for the neighborhood. 

The condo/townhome market was quieter, with only 5 units sold this year in the Deer Run subdivision.  Prices for townhomes are edging up and 3 of the 5 closed above $200,000.  Elsewhere, Chase Lane and Northview/Northview West each had 4 sales, all doing well for small sub-groups within South Hill.

We are in the middle of a vibrant market and there is much to be thankful for in South Hill – the gorgeous recreation trail for one…the IC campus and the students/faculty who make it sing with life and activity for two…and you have me, for three!  A trusted resource for all of your local real estate needs.  Call or email anytime – 607-330-5257, or santos.homes@gmail.com