Wednesday, July 25, 2012

Skaneateles Real Estate - The Weekly Update

Back on track!  It's been such a wonderful summer and I have worked hard to enjoy it.  Real estate can swamp an agent, but there are so many things to do in the Finger Lakes in the summer that by prioritizing it can all get done.  Last week we went to the Nationals at the Fairgrounds.  Despite all the hot, hot weather we've been having, the day was cooler and breezy making touring so much better.  It's a rite of summer - like the Sidewalk Sale (aka Curbstone Festival), the library book sale, and this weekend the Antique Boat Show.  We have had an unprecedented lack of rain - possibly the driest July on record - so it might be due this Saturday or Sunday. Go early, go often.

Currently there are 116 active listings in the Skaneateles area of the multiple listing service.  Of these, 25 are in the village and 29 are waterfront.  As a side note, I have been searching in Syracuse for the perfect house for some friends.  As I open that category every day, I see that there are about 425 active listings - in all of Syracuse.  I know that "Skaneateles area" is loosely interpreted, and the City of Syracuse is not, but this seems disproportionate with the populations.  Still, there are excellent deals to be had in Skaneateles - and it is a great place to live even at its higher prices for homes.  (JT would like to remind everyone to check out the listing in Woodmere that is still available - a very lovely home in an excellent Village location!)

Speaking of lovely....two new listings came on in the past week.  One is a knock your socks off house out in the country for well over a million, but with six full baths.  The other is a village home that personifies the old village of the mid-19th century, the agent writes.

We still have 34 homes under contract with four new ones in this category - two in the village (there's that theme again) and two in the town.

Fifty-seven single family homes have closed so far this year.  Two were just reported - one of those good bargains in Spafford and the other in the actual Town of Skaneateles.

So walk around the village this weekend, take in the sights and sounds of summer.  Admire the boats and think of the old days when the wooden cruisers dominated the lake.  Oh yes - and please buy a house while you are here!

Wednesday, July 18, 2012

Skaneateles Real Estate - The Summer Edition

It's been a couple very busy weeks.  I have seen houses for listing and I am very excited about some new prospects, shown and sold houses, and still had time to celebrate Liam's first birthday.  When I first started I wrote that I intended this blog to be about a Realtor's life in Skaneateles.  In the summer I take my time off when I can find it, and generally very few people know where I am at any given time, just that I am working. Whether I answer the phone from the park near the East River or at the lake, or in Auburn eating lunch at Connie's with Intrepid Janet, I am vacationing and working at the same time.  My Fiat is my vacation - top down (except in this heat) and flying down the lake.

(Sign by Absolute Sign Company on Erie Blvd.)
There are currently 118 active listings in the Skaneateles area of the multiple listing service.  Of these, 26 are in the Village and 29 are considered waterfront.  Eight new ones came on in the past two weeks (July 4th through today, July 18th).  Two are re-lists.  A huge, gorgeous waterfront property is available at well over 2 million dollars.  One in the town - close to the village - is now on the market for over $300,000 while a smaller house just a little bit farther out is listed at $200,000.  A couple are fixer-uppers - and their prices reflect that.  A pretty village home is also there for under $300,000.

While I'm thinking of it, my clients are looking for a home that has a first floor master bedroom/bath and is in good condition, close to the village.  They are well-qualified and their home has sold.  Pricing somewhere around $200,000 would be wonderful.  If you are thinking of selling, or know someone who is, and the home meets these criteria, please call or e-mail me:  MBrooks@REMAX.net 

I am trying out a new way of reporting on the CUP homes.  These are the ones that have a contract on them and are in some stage of the selling process.  They could be anywhere from a contract contingent on a home to sell or a day or two away from closing.  To you it probably doesn't matter, and since I don't name houses it wouldn't help anyway.  So!  There are currently 32 homes in this C (contingent) U (under contract, do not show) P (pending) category.  Five are new in the past two weeks.  They range in price from the low $200,000 list price to a high around $500,000.  They are all recently built (stay tuned to why that is important!)

We now have 55 homes that have sold and closed year-to-date.  Seven are new in the past two weeks. Two are large waterfront homes and one is smaller, with a smaller price.  Three are homes in the town and one is in the village.  Except for one of these homes, all are in great shape and the vast majority were built in the last 15 years.  I think what we are seeing is a trend towards newer homes, or homes that have been updated, especially the kitchens. Not a single one of the new CUPs or sales was built prior to 1920.

But the spectacular news is the volume of sales.  When I say we've been busy - we were!  To reiterate, 55 in 2012 to date.  Only 30 in 2011, 36 in 2010, 45 in 2009, and sadly only 23 (!) in 2008 had closed by this date.

My suggestion to everyone - sellers or buyers - is not to delay!

Thursday, July 5, 2012

Skaneateles Real Estate - The Weekly Update

What a busy, busy week!  Marvelous, with Alex, Rachel and Liam coming up from Manhattan.  We are so lucky to live where we do.  They come up the FDR and cross the George Washington Bridge.  On a good day it takes about half an hour, give or take a few minutes.  On Saturday it took an hour and a half.  Mostly sitting in traffic.  Bob and I get perturbed on 690 if we have a slow down!  We are spoiled.  But they left yesterday and stopped for lunch in the Poconos and still made it in and parked on the street in around 5 hours.

So here we are - another update.  make sure you read "The Second Twenty" that I just finished writing.  Very interesting, in that half of the sales in this group were in the Village.  And that it all happened swiftly.

But currently we have 120 single family homes for sale in the Skaneateles area of the multiple listing service.  Of these, 29 are in the village and 27 are considered waterfront.  Three listings came on in the past week; two are re-lists with major reductions in price and the third is a lovely new construction home.

Altogether in the "under contract" category there are 32 homes.  Three of these are new this past week - one in the village and two waterfront homes.  Imagine if all these closed in the next three months!  We would have CLOSED more by September than we did all of last year.

I am enthusiastic because there are now 48 homes that have closed!  Seven are new this past week, at least being reported in the past week. Three were homes in the town, a couple in need of some work.  Three were village homes, snapped up when the buyers saw what they wanted.  The last was considered waterfront because it had private rights to the lake - and a lovely house too!  Congratulations to everyone who got in before the Fourth of July, and who now can enjoy the summer in Skaneateles.

Tomorrow night at the gazebo is the first concert for the community band.  Please - give them your support.  It's a great tradition and the weather promises to be perfect.  And look around while you're there - you may want to buy a home so you can walk to the park next summer....

The Second Twenty

Wow.  So many homes have closed!  Unlike last year, when it took us well into June to get to The First Twenty, I can publish (in no special order) the addresses and selling prices of the second set of 20 homes to have closed in the Skaneateles area of the multiple listing service.

13 Day Lane - Village - $850,000

17 East Elizabeth Street - Village - $288,000

2474 Nunnery Road - Town of Spafford - $153,000

88 State Street - Village - $242,000

85 East Genesee Street - Village - $750,000

4740 Vinegar Hill Road - Town of Skaneateles - $205,000

3 Chestnut Circle - Village - $284,000

10 East Elizabeth Street - Village - $192,000

2 Heritage Woods - Village - $265,000

2487 East Lake Road - Town of Spafford - $225,000

3552 County Line Road - Town of Skaneateles - $335,000

37 West Elizabeth Street - Village - $197,600

1947 Weeks Road - Town of Skaneateles - $235,000

36 West Lake Street - Village - $725,000

2017 West Lake Road - Town of Skaneateles - $300,000

8 Heather Woods Court - Village - $349,500

11 West Elizabeth Street - Village - $160,000

1633 East Seneca Turnpike - Town of Skaneateles - $143,600

4000 State Street Road - Town of Skaneateles - $110,000

7021 Glen Haven Road North - Town of Sempronius - $265,000