Romulus Records Highest Real Estate Sale in Seneca County

News Summary

The recent residential real estate activity in Seneca County highlighted Romulus as the standout city with a remarkable sale price of $909,000 for a single property. This transaction represents the highest real estate sale recorded during the specified period. Across the county, 19 residential properties were sold, showcasing a diverse market characterized by a variety of home types and prices. The average sale price among these properties was $255,877, indicating a solid ongoing demand within the local housing market.

Romulus Leads Seneca County in Highest Real Estate Sale from June 28 to July 25

Romulus, NY — A residential property in Romulus has achieved the highest sale price among real estate transactions in Seneca County during the period from June 28 to July 25, with a final sale value of $909,000. This impressive sale highlights ongoing activity at the upper end of the local housing market.

Summary of Recent Real Estate Activity in Seneca County

During the specified four-week period, a total of 19 residential property transactions were recorded across Seneca County. The average sale price of these properties was $255,877, with an average price per square foot of $161. These figures suggest a stable market with consistent pricing across various property types and locations within the county.

Notable Property Sales in the County

• Romulus Property: The most significant sale was at 6988 E. Lake Road, where a home built in 1988, offering 2,818 square feet of living space, sold for $909,000. It includes 4 bedrooms and 3 bathrooms, with a sale finalized on June 17. This sale set the highest price point for county properties during this period, with a price per square foot of $323.
• Other high-value sales: A property at 290 Route 89 in Tyre sold for $750,000, built in 1961, featuring 2 bedrooms and 1 bathroom. Finalized on June 23, this sale reflects the county’s interest in larger or more valuable homes.
• Romulus’ Lake Hill Drive: Two properties sold on Lake Hill Drive in Romulus for notable sums:
  • A 2-bedroom, 2-bathroom home with 1,102 square feet sold for $295,000. Finalized on July 1, it had a per-square-foot price of $268.
  • A larger 4-bedroom, 3-bathroom home with 1,650 square feet was sold for $330,000, finalized on July 2 at $200 per square foot.

Additional Notable Sales

Across the county, several other properties sold at varied price points, reflecting diverse housing options:

• Single-family home in Seneca Falls: Located at 10 Prospect Street, this 1,768 square foot home built in 1910 sold for $187,500 (price per square foot: $106) on June 11.
• Residence in Ovid: At 3901 County Road 139, a home built in 2005 with 2,756 square feet sold for $200,000 on July 1, at $73 per square foot.
• Fayette Properties:
  • At 2329 Leader Road, a 1,226 square foot house built in 1940 sold for $200,000 (finalized June 23, at $163 per square foot).
  • At 12 River Road, a 2,154 square foot house built in 1840 sold for $215,000 on July 3, at $100 per square foot.
• Waterloo Property: A single-family home at 2971 Seeley Road with 2,079 square feet built in 1920 sold for $292,000 on June 24, at an average of $140 per square foot.

Market Conditions and Trends

The data indicates a healthy and active real estate market in Seneca County, with properties selling at a range of prices driven by size, age, and location. While the average sale price is approximately $255,877, the highest sale substantially exceeds this, reflecting the presence of high-end properties, particularly in Romulus.

The average price per square foot across the county remains around $161, with some luxury listings reaching over $300 per square foot, such as the Romulus property on E. Lake Road. Such figures suggest a diverse market catering to various buyer preferences and budgets.

Conclusion

The recent sales data for Seneca County from late June to late July showcases a dynamic housing market with notable high-value transactions. Romulus, in particular, stands out with the sale of a property for $909,000, marking it as the top real estate sale during this period. Overall, the steady activity indicates ongoing demand across different segments within the county, from modest homes to luxury estates.

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Additional Resources

• Syracuse: Seneca County Real Estate
• Democrat & Chronicle: Stunning Lake House for Sale
• USA Today: Dire Wolves Back in the Spotlight
• Crain’s Detroit: Plans for Romulus Sports Complex
• Wikipedia: Real Estate
• Google Search: Seneca County real estate