Skaneateles Real Estate - The Occasional Update (October 17th - 24th)

I don't want to be cavalier about it, but between selling and showing things, closing others and this storm that never materialized in Skaneateles, it's been a long week.  I also held an open house at 5731 Sandbank Road in Elbridge and came away with a deeper appreciation for the property.  It's an amazing house, as everyone agreed who came through the open a couple days ago.  Add the property - 1.5 acres of truly a park-like setting - and it is much more than it appears from the outside.  Also, it demonstrates what you need to do prior to listing, if you look at the landscaping.  Fall is a great time to put a home on the market for this reason - all those colors!  You can see the full listing at REMAX.com or Realtor.com:  ML#S280235. (Sorry - I tried to upload a photo but blogger was having none of it today...could it be the storm?)

During this week, there were 104 active listings in the Skaneateles area of the multiple listing service.  Of these, 31 were in the Village and 28 were waterfront.  There were (despite my suggestion above) no new listings.

In the under contract category there continues to be a fairly high number of single family homes waiting to close, 37 to be exact.  Four are newly placed there - two in the Town and two in the Village.  Hopefully they will be able to close before the end of the year.

I firmly believe, though, that we will have no problem getting to 100 closings this year.  We have three new ones to report, all in the area surrounding Skaneateles.  Two of them are on the higher end - we are getting back to the prices that dominated the market a few years ago, as well as the volume.  All good news.

Skaneateles Real Estate - October 3rd - October 17th

Before I forget (as if I would) I have an open house this weekend at my new (sort of) listing in Skaneateles.  Please come!  Tell me you saw it here!  The house is 50 West Genesee, almost across from the new Krebs. If the photo or the location sounds familiar, it is.  I listed and sold this last year.  The owners are relocating and want the house to move with them, but alas, it can't.  So you have the opportunity to buy it!  Hooray!
Four bedrooms, three full baths, a third floor that is now being used as a media room.  Incredible woodwork throughout - really, a pleasure to show.  Check it out online: ML# S280791  It's priced below where we had it last year, even - now $415,000.  See you between 1:00 and 3:00 on Sunday.

There are actually only 109 listings in the Skaneateles area of the multiple listing service.  Of these, 32 are in the Village and 29 are waterfront.  Besides this beauty above, five other houses came on the market during this time frame.  Three are waterfront, ranging form a low of around $600,000 to a high of two million.  The other two houses are in the town, and less than 50 West Genesee - with less space, too.

In the under contract categories there are 35 houses!  Seven are new, including two that made the trip from newly active to contingent during this time period.  Priced right and they sold!

As has been our custom, two more homes closed, bringing our total to 92 so far with still 10 weeks to go in the year.  Both sold right around the $400,000 mark.....hmmmmm.....kind of like 50 West Genesee.....Let's see if we can add that to the contingent list by the time the next update blog gets written.

Skaneateles Real Estate - Update Sept. 19th - Oct. 3rd

As you can tell, it's still busy and I am still out and about way too much it seems.  I pulled together the research for this blog and just never got a chance to write it out.  It helped me get a listing - I love knowing what I am talking about and being able to throw out exact numbers.  I feel like I could take on a candidate running for Realtor in Skaneateles!  I just need to find the time to communicate what I know to my readers.  And I know they will decrease without my publishing regularly, so I will do better by writing more often.  Starting here today.

During this period there were 111 active listings in the Skaneateles area of the multiple listing service.  Of these, 33 were in the Village and 27 were considered waterfront.  Eight new listings came on the market, but 5 of these were re-lists with reductions in price.  One of the new ones was a beautiful Village home priced just under one million.  A home in the town but not far outside was priced around $200,000 and a waterfront  camp came on around $300,000.

Six new ones joined the under contract or pending category to bring that number to 30.  One Village, 4 in the town, and a waterfront.

We now have 90 sold and closed, year-to date.  Incredible!  Six new ones were added to this list: one in the Village and five in the town.

This brings the number of Village properties sold year-to date (remember, the end-date is October 3rd) to 34.  I went back and looked at 2011; there were only twelve (12!) sold in that time period.  We are having a blazingly hot year, especially in the Village.  The median prices are slightly down - $285,000 vs. $349,000 - and certainly that is a contributing factor.  But so are the mortgage rates.  Come to Skaneateles!