The real estate market in Onondaga County saw significant activity during the last week of February, with 78 homes changing hands. The transactions spanned a wide spectrum of prices, from a modest $5,000 property in Syracuse to a sprawling lakeside estate in Skaneateles that sold for over $5.8 million.
This variety highlights the diverse housing landscape across the county, with multi-million dollar sales occurring alongside more accessible entry-level purchases. The data, compiled from public records, provides a clear snapshot of market dynamics in various towns and neighborhoods.
Key Takeaways
- A total of 78 residential properties were sold in Onondaga County between February 22 and 28.
- The highest-priced sale was a $5,825,000 home on West Lake Road in Skaneateles.
- The lowest-priced transaction was for a property on Wolf Street in Syracuse, which sold for $5,000.
- Skaneateles, Onondaga, and Camillus featured some of the week's most expensive sales, while Syracuse recorded the highest volume of transactions.
Skaneateles Leads the Luxury Market
The top end of the market was dominated by a single, significant sale in Skaneateles. A property located on West Lake Road was purchased by Perry’s Peeps LLC for $5,825,000. This transaction alone underscores the high value placed on properties with access to Skaneateles Lake.
Another notable sale in the town involved a 5,365-square-foot contemporary home on Gayle Road. Situated on a 26.7-acre parcel, the residence was acquired by John Raymond Carolan and Amy Cogswell Carolan for $1,437,500. This home features 24 rooms, including five bedrooms, showcasing the scale of luxury properties in the area.
A Tale of Two Markets
The immense price gap between the week's top sale ($5,825,000) and the bottom sale ($5,000) illustrates the broad economic diversity within Onondaga County's housing market. While waterfront properties command premium prices, numerous opportunities exist at more affordable price points, particularly within the city of Syracuse.
Suburban Communities See Brisk Sales
Several suburban towns recorded a healthy number of sales, indicating steady demand across different price ranges. The towns of Cicero, Clay, and Salina were particularly active.
Cicero and Clay Transactions
Cicero saw nine homes sold, with prices ranging from $117,000 to $560,000. The most expensive sale in the town was for a home on Long Point Road, purchased by Edward J. and Stephanie A. Maturo. This indicates a strong market for higher-end homes within the community.
In the town of Clay, six properties were sold. The sales here ranged from a $115,000 home on Fieldcrest Drive to a $306,000 residence on Joseph Drive, bought by Anderson and Denise Bradshaw. This range suggests a stable, mid-range market attractive to many families.
Spotlight on High-Value Suburban Sales
- Onondaga: A home on Bronco Path sold for $600,000.
- Camillus: A residence on Rolling Meadows Way fetched $574,900.
- Cicero: A property on Long Point Road was acquired for $560,000.
- Onondaga: A house on Mac Gregor Lane sold for $530,000.
Activity in Manlius and Lysander
Manlius also showed varied activity, with a property on Elm Street selling for $179,500 and another on Windebank Lane for $249,900. These sales reflect a consistent demand for homes in established neighborhoods.
Lysander reported four sales, including a notable transaction for a home on Giddings Trail. The property, sold by Kenwood Homes Inc., was purchased by the Laura K. Burnett Trust for $489,900. Another significant sale was a home on Van Wie Drive W. for $407,500.
Syracuse Market Shows Volume and Variety
The City of Syracuse recorded the highest number of transactions, with 18 properties sold during the week. The price points were incredibly diverse, reflecting the city's varied neighborhoods and housing stock.
The lowest-priced sale in the entire county was a property at 1014 Wolf St., which sold for just $5,000. Several other properties in the city were sold for under $100,000, including homes on Avery Avenue, Conklin Avenue, and Palmer Avenue. These sales often involve properties requiring renovation or are part of development initiatives.
At the same time, the Syracuse market also included sales approaching the $300,000 mark. A home on Goodrich Avenue sold for $279,000, and another on Dakota Street went for $275,000. A commercial-style property at 2201 James St. was also sold for $268,000, indicating investment interest in key city corridors.
A Closer Look at the Sales Data
Here is a summary of notable transactions across other Onondaga County towns:
- DeWitt: Five sales were recorded, with the highest being a $300,000 home on Revere Road.
- Geddes: Three homes sold, with the top price being $329,900 for a property on Nicks Way.
- Salina: This town was very active with seven sales, topped by a $325,000 transaction for a home on Branchwood Drive.
- Van Buren: Four properties changed hands, with the highest price being $285,000 for a home on Downer Street.
- Spafford: A single sale was recorded on Route 174 for $399,900.
Overall, the 78 transactions from the last week of February paint a picture of a dynamic and multi-faceted real estate market in Onondaga County, with strong activity from the luxury lakefront sector to affordable city homes.
