MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Tompkins County, New York.
The report shows that the Median Sale Price in Tompkins County reached $376,000 as of May 2024, marking an increase of 15.7% over the previous month and a 29.7% rise compared to a year ago.
The area witnessed the sale of 36 homes during this period, which is a 2.7% decrease from the preceding month and a decrease of 39.0% compared to the same timeframe last year.
Additionally, the Median Days on Market for listings was observed at 39 days, 4 days shorter compared to the previous month and shorter by 10 days from last year.
The Market Pulse Score for Tompkins County is presently at 88, signaling a downward trajectory in the market’s activity.
For more information about the Tompkins County, New York market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – What the Pros Know