Wednesday, November 20, 2013

"The Days Grow Short" Real Estate Update - November 1st - 20th

November....a wild month always in Central New York!  I started the month sitting in the sun and actually getting a tan, waiting for the call from Alex announcing his new job - hooray!  He will be staying in the City and not taking a position with RE/MAX down there, as he was poised to do.  Still, if you want to do business there, please contact me and I can give you the name of a wonderful broker!

I visited a friend in Florida last week.  Just briefly, but I got a taste of "The Villages" which I had heard of and to which she and her husband have retired.  What a place!  As per usual, I brought an arctic cold front down with me - temperatures in the 50s with winds gusting to 30 mph...and as is not usual, nothing sold up here! But what a great few days of getaway time...

Currently there are ONLY 77 active listings in the Skaneateles area of the multiple listing service.  Of these, ONLY 11 are in the Village.  There are 23 waterfront properties - a disproportionate amount, because generally they are close to the same number as the Village listings.  Also, I would expect to find about a quarter are waterfront, not this high a percentage.  Just a bit askew, as it were...

Over the course of the last three weeks only two new listings came on, contributing to the low number.
Three others were re-listed.  There are 18 under contract, four of them new in November.  Two are within the Village boundaries and two are just outside.

This emphasis on the Village continues...9 closed since the last update!  Seven were in the Village, one was waterfront, and the last was in the town.  This brings to 101 the number of single family homes closed this year, making this another banner year!  Amazing...low rates, well-priced homes, pent-up need to buy and sell, an improving economy...and there's still room for more sales and closings before the end of the year.

So bring it on!

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