Skaneateles Real Estate - The Summer Update

High summer - rainy day....perfect for writing this blog.  I had thought about doing an open house out at Ten Mile Point in part because it's the boat show this weekend.  Glad I didn't.  On days like these Alex and I would head for the movies from camp.  We'd stop at McDonald's - a rare treat - and avoid going back to the lake as long as we could.  Now I love days like this - if I start at the lake and don't have to think about going there.  Curl up with a good book, put on an old movie.  Or, like today, write my blog.

Currently in the Skaneateles area of the multiple listing service there are 108 active single family listings.  Of these, 27 are in the Village and 30 are deemed waterfront.

Ten new ones have come on the market since I wrote the last update - 22 days ago!  They range from a low of around $200,000 to a high about $600,000.  Only two are waterfront and only two are in the Village.

There are 23 homes listed as under contract.  Five are new - and four of these are in the Village.  The homes under contract range from $200,000-ish to well over a million dollars.

Year-to-date there are now 54 sold and closed homes.  Twelve of these have closed since the last update.  Five were in the Village and 3 were waterfront.  Prices range from under 200K to over a million.

Last year was a record-breaking year for sales in Skaneateles.  At this time there were already 61 closings, so we are near that mark.  There were also a great number of Village homes and I thought that trend may have waned.  The numbers show differently - 19 of the 54 closings this year were Village as compared to 27 of the 61 closings in 2012.  The Village is still quite a desired commodity.

By the way - we had a very wonderful dinner last evening at the Glen Haven Hotel at the south end of the lake.  I had my brie that I love so much, and Bob had huge shrimp and a pasta of some kind.  For me, a rhubarb and mango crisp (a la mode, of course!) for dessert finished it off.  But mostly we just soaked in the beautiful setting on the porch, looking out at the lake while the sun set.  A splendid place to celebrate new beginnings and remember old times.

The Second Twenty - Plus one

Odd how it's turning out that these are batches of 21 - but that's fine, because they are closings!

And now, in no particular order, here they are:


1390 Coach Road - Town of Skaneateles - $405,000

28 Orchard Road - Village of Skaneateles - $251,000

3959 State Street Road - Town of Skaneateles - $289,895

1053 Jewett Road - Town of Skaneateles - $285,000

718 Sheldon Road - Town of Skaneateles - $430,000

4519 Jordan Road - Skaneateles Falls (Unincorporated Community) - $30,000

1 Highland Street - Village of Skaneateles - $142,000

3754 Fisher Road - Town of Skaneateles - $134,000

1275 Oak Bluff - Town of Skaneateles - $1,150,000

42 East Elizabeth Street - Village of Skaneateles - $305,500

3858 East Street - Town of Skaneateles - $164,900

50 West Lake Street - Village of Skaneateles - $816,000

2 Prentiss Drive - Village of Skaneateles - $570,000

2605 East Lake Road - Town of Skaneateles - $995,000

130 Locust Lane - Town of Spafford - $525,000

2445 East Lake Road - Town of Spafford - $975,000

3187 West Lake Road - Town of Skaneateles - $996,000

1562 Heifer Road - Town of Skaneateles - $270,000

1 Teasel Lane - Village of Skaneateles - $390,000

682 School Street - Skaneateles Falls - $60,000

2987 East Lake Road - Town of Skaneateles - $2,835,750

Skaneateles Real Estate - The Long, Long Overdue Update

No, I have not gone to Alaska or Asia or Anywhere.  I have been here pounding the pavement with my buyers, hitting my cell phone constantly, and returning home way past when I should have gotten there.  All in a good cause - selling my listings and finding homes for my buyers.

Currently there are 100 single family homes in the Skaneateles area of the multiple listing service.  Of these, 27 are in the Village and 28 are waterfront.  Seven new homes have come on the market in the Village since I last reported (June 1st!) and 5 new waterfront listings have appeared.

Altogether 26 homes have been listed.  The lowest priced home is well into the lower $100,000. The high is almost 8 million (and yes, it is on the water.)  Three of the new ones are under $200,000 and four are above a million.  The median price is a relatively high $449,000.

Fourteen properties have gone under contract.  The median list price for those homes is just under $300,000.

We are well up there in sales.  At the mid-point of the year we have 42 properties sold and closed.  The median list price was $295,000.  Five were over a million dollars (list) and 12 were under $200,000. 

I am sitting in the office on a very muggy Saturday evening, inspired by a new buyer who just called and who will need statistics like these to understand the market.  I need statistics like these to understand it - but then, I have little time to sit back and reflect.  Today I had that chance, and I enjoyed it....but when the market is hot, as it has been this past month, it is time to jump and ask questions (or reflect) later.

Hopefully in the next week I will find more time to write out the Second Twenty of properties that have closed and their published prices.  If not, please bear with me - and come to Skaneateles to be part of the market!