Oh so busy! Everyone is saying they are, and as we have all learned - "Make hay while the sun shines!" it all could end. Just stop. Interest rates could rise (what are they doing in Europe!?). There could be a national disaster (I started real estate four weeks to the day before 9/11). Fracking could be approved and there could be a platform going up in Bear Swamp or at the polo grounds...no, this won't happen. Toronto is experiencing a California-like market. Homes go on for one price and are bid up rapidly. What happens in a couple years when the owner must relocate? I know several people stateside to ask, unfortunately. No, our type of busy is good!
Currently there are now over 100 active listings in the Skaneateles area of the multiple listing service (actually 103). Three new ones came on the market this week: village and town around $500,000, give or take, and one that is further out for around $300,000. All are relatively newly built. Three more returned to the market after a hiatus, possibly because of winter or renting or to re-freshen the numbers.
There is nothing new in the contingent, under contract or pending statuses - 31 homes are waiting to remove contingencies or close.
But once again, two more houses have sold and closed, bringing the year's total to an amazing 29 homes. One sold at a markedly low price, but it was in need of work. The other needed nothing, a gorgeous village home.
Last year at this time there were only 16 closed sales. It took us until July 16th of 2011 to get to 29 closings. We made up for it some in August, but if the summer closings continue (and I have a couple that will add to this number) then we will have a record year. But then again - it could all just stop.
Interesting figure - the median list price of the first 29 homes that closed last year was $275,000. This year it's $279,000 - hardly a huge swing. (Thank you, JT, for keeping this in my mind!)
So go now - rates are incredibly low! Keep all of us Realtors busy!
Thursday, May 17, 2012
Thursday, May 10, 2012
Skaneateles Real Estate - The Weekly Update
Wow. I knew I had started writing this blog in May of some year. I didn't realize the year was 2007, and that it's been five years. Time goes by quickly. A Realtor asked me how I find time to write because he knew I was as busy (almost) as he is, and I don't have the benefit of a team. Obviously I don't have as much time as I used to, but I love writing. It helps me to write the update, as I've said before, because then I can rattle off the number of listings in Skaneateles - closings and contingencies - and it keeps me on track. I can spot trends, know where my listings fit into them (or not).
I am a day late getting this blog out because I was in the midst of listing and buying and selling yesterday, morning, noon and yes, even night! I can't tell you what we bought yet, because it's not done ("we" being my buyers and me) and I can't tell you what I sold, because It's not done either! I can tell you what I listed, though: a lot on the lake, ready for your architect to design the camp of your dreams, on a dead end road (hate to say cul-de-sac because it gives it a different flavor - there aren't cul-de-sacs in the Adirondacks, are there?). This one has steps, because that's the way it is on the Southwest side of the lake - but only 17. The lot is on a wooded hillside - think decks and walk-outs - next to a stream. Recently perked and ready to be built on.
This is the view - oh my! The price is $179,900. You could be in by the fall - or relaxing on this decking by June! Watch the lighting of the lake on the Third! Come on down! Firelane 16A in Cayuga County, about 10 miles down the lake on the west side - just follow my signs. ML#S271935.
There are currently 96 active single family homes in the Skaneateles area of the multiple listing service. Of these, 25 are in the village and 26 are considered waterfront. This past week 5 new listings came on the market, all in the higher price bracket. Two are waterfront - one above $500,000 and the other below. Two stately homes came on just outside the village - one above $500,000 and the other just below. Another home with 25 acres and in the Jordan-Elbridge school district also entered the market.
Homes are selling, too. There are 34 (an unheard of number) houses under some form of contract. Three were new - two from the Village and one waterfront. There are the trends. Village and Waterfront.
Again, two more homes closed, bringing the year-to-date number to 27. Waterfront and village - amazing. We are doing well - hooray!
I am a day late getting this blog out because I was in the midst of listing and buying and selling yesterday, morning, noon and yes, even night! I can't tell you what we bought yet, because it's not done ("we" being my buyers and me) and I can't tell you what I sold, because It's not done either! I can tell you what I listed, though: a lot on the lake, ready for your architect to design the camp of your dreams, on a dead end road (hate to say cul-de-sac because it gives it a different flavor - there aren't cul-de-sacs in the Adirondacks, are there?). This one has steps, because that's the way it is on the Southwest side of the lake - but only 17. The lot is on a wooded hillside - think decks and walk-outs - next to a stream. Recently perked and ready to be built on.
This is the view - oh my! The price is $179,900. You could be in by the fall - or relaxing on this decking by June! Watch the lighting of the lake on the Third! Come on down! Firelane 16A in Cayuga County, about 10 miles down the lake on the west side - just follow my signs. ML#S271935.
There are currently 96 active single family homes in the Skaneateles area of the multiple listing service. Of these, 25 are in the village and 26 are considered waterfront. This past week 5 new listings came on the market, all in the higher price bracket. Two are waterfront - one above $500,000 and the other below. Two stately homes came on just outside the village - one above $500,000 and the other just below. Another home with 25 acres and in the Jordan-Elbridge school district also entered the market.
Homes are selling, too. There are 34 (an unheard of number) houses under some form of contract. Three were new - two from the Village and one waterfront. There are the trends. Village and Waterfront.
Again, two more homes closed, bringing the year-to-date number to 27. Waterfront and village - amazing. We are doing well - hooray!
Wednesday, May 2, 2012
Skaneateles Real Estate - The Weekly Update
Nice time of year, now that the warmth has returned. People are out looking and buying actually. A RE/MAX agent called me today to tell me about a property coming on the market that he knew my buyers would want to see. The old days are coming back. "Hurry and buy this house before it goes away!"
Which reminds me - we reduced the price of 1650 Coon Hill Road to $169,900 today. I will hold it open on Sunday from 1:00 to 3:00. It's had a good deal of activity but no offers - yet. As I told the sellers, and I firmly believe, there is a price at which the world comes a-calling. Let's hope it's this price, this weekend - or even before. Just two miles outside of the village from the light on East Lake Road. And such a great back yard stretching waaaaay back, with two sheds and sheltering trees on the sides. Come see!
There are currently 96 single family homes available in the Skaneateles area of the multiple listing service. Of these, 28 are in the village and 26 are waterfront. We are still far under last year's numbers of active listings. Two new homes came on the market this week, and two others were re-listed. The new ones are both in the upper $200,000s, one in the village and the other with lake rights in the town.
In the under contract category there are 30 homes - the highest number I can remember seeing in these blogging years. Four new ones went contingent, coincidentally (or not) all Village homes too. Their prices range from the mid-$100,000 to almost $600,000 - at least those are the published list prices.
We now have 25 closed properties so far this year. One of the smaller ones closed, and not in the Village. This bodes well for 1650 Coon Hill - one less competitive home. Check out more photos online - the ML# is S261632. See you this Sunday!
Which reminds me - we reduced the price of 1650 Coon Hill Road to $169,900 today. I will hold it open on Sunday from 1:00 to 3:00. It's had a good deal of activity but no offers - yet. As I told the sellers, and I firmly believe, there is a price at which the world comes a-calling. Let's hope it's this price, this weekend - or even before. Just two miles outside of the village from the light on East Lake Road. And such a great back yard stretching waaaaay back, with two sheds and sheltering trees on the sides. Come see!
There are currently 96 single family homes available in the Skaneateles area of the multiple listing service. Of these, 28 are in the village and 26 are waterfront. We are still far under last year's numbers of active listings. Two new homes came on the market this week, and two others were re-listed. The new ones are both in the upper $200,000s, one in the village and the other with lake rights in the town.
In the under contract category there are 30 homes - the highest number I can remember seeing in these blogging years. Four new ones went contingent, coincidentally (or not) all Village homes too. Their prices range from the mid-$100,000 to almost $600,000 - at least those are the published list prices.
We now have 25 closed properties so far this year. One of the smaller ones closed, and not in the Village. This bodes well for 1650 Coon Hill - one less competitive home. Check out more photos online - the ML# is S261632. See you this Sunday!
Thursday, April 26, 2012
Skaneateles Real Estate - The Weekly Update
Everyone I speak with is busy. Homes appear to be selling at an extraordinary rate, or at least are being viewed. My listings are truly doing well and I am glad for that. I just finished putting stamps and address labels on post cards to be sent out about one of my newest listings, 3803 Gray Ledge Terrace. The post cards coincide with the first open house this Sunday from 1:00 until 3:00. It has gotten rave reviews from Realtors who saw it at the brokers' open last Tuesday. The owners have done everything to make it sell - their closets are phenomenally de-cluttered, the countertop is new and quartz, the appliances are upgraded, and if the weather would cooperate the pool would be inviting! But the most important thing they did years ago - they chose a lot at the very back of Buxton Woods, and a treed lot at that. Location, location...! Come Sunday and see - Town of Onondaga but Marcellus Schools. (Seneca Turnpike past OCC to a right on Cedarvale - ICJ Cookies on one side and the new Nice n' Easy complex coming soon on the other side. Go north on Cedarvale almost to Howlett Hill - Buxton Woods' entrance is on the right.)
And now the update....
Currently there are 99 single family homes listed as active in the Skaneateles area of the multiple listing service. Of these, 30 are in the Village and 27 are waterfront of some type. There are four new listings, one of which is a re-list of a Village home. The waterfront property is priced over a million dollars, but quite lovely. Another Village home came on - low $300,000. The last new listing is actually a restaurant currently just outside the village.
Three single family homes were marked contingent. One is a fairly new listing that got a great deal of attention and is now under contract - think $400,000 price range. The second contingent property has been there quite a while and slowly been reduced in price until everyone wanted it - again, village. The last has been listed a bit, but now has found a buyer in the mid-$200,000s. There are 25 properties marked under contract in some way. Nice.
Three more homes closed in the past week. Two were in the village - notice a theme developing here? - and the third was not too far out with a bit of land surrounding it. That brings to 24 the total number of closed homes so far this year. Maybe we can get to the second twenty homes even quicker than the first twenty. I aim to help!
See you Sunday!
And now the update....
Currently there are 99 single family homes listed as active in the Skaneateles area of the multiple listing service. Of these, 30 are in the Village and 27 are waterfront of some type. There are four new listings, one of which is a re-list of a Village home. The waterfront property is priced over a million dollars, but quite lovely. Another Village home came on - low $300,000. The last new listing is actually a restaurant currently just outside the village.
Three single family homes were marked contingent. One is a fairly new listing that got a great deal of attention and is now under contract - think $400,000 price range. The second contingent property has been there quite a while and slowly been reduced in price until everyone wanted it - again, village. The last has been listed a bit, but now has found a buyer in the mid-$200,000s. There are 25 properties marked under contract in some way. Nice.
Three more homes closed in the past week. Two were in the village - notice a theme developing here? - and the third was not too far out with a bit of land surrounding it. That brings to 24 the total number of closed homes so far this year. Maybe we can get to the second twenty homes even quicker than the first twenty. I aim to help!
See you Sunday!
Wednesday, April 25, 2012
The First Twenty - 2012
Blogger changed yesterday and threw me into a tailspin. I am proud to say I worked it all out and I can write again. But for a while I was worried.
The very good news is that I am writing about the first twenty closings in the Skaneateles area of the multiple listing service on April 25th. Last year I wrote on June 27th! We are doing well, very well.
I am changing the reporting just a bit. The same "just the facts" - address and sale price. However, I want to break it up a bit for better understanding. There will be three sections: Village, Town and Waterfront. Enjoy!
Village
113 Orchard Road - $427,137 (new construction)
116 Orchard Road - $440,000 (new construction)
23 West Elizabeth Street - $128,000
30 East Lake Street - $135,000
23 East Street - $250,000
77 Onondaga Street - $160,000
8 Wicklow Drive - $310,000
8 Highland Street - $127,000
9 State Street - $180,000
Waterfront
3125 East Lake Road - $980,000
72 Carlton's Cliff - $345,000
2686 East Lake Road - $269,900
2114 Lakeview Lane - $485,000
Town
1358 New Seneca Turnpike - $260,200
2817 Nunnery Road - $415,000
51 Calemad Drive - $332,000
1206 Hencoop Road - $190,000
3201 West Lake Road - $175,000
3244 East Lake Road - $279,000
Lot 11 Butters Farm Lane - $445,600 (new construction)
The very good news is that I am writing about the first twenty closings in the Skaneateles area of the multiple listing service on April 25th. Last year I wrote on June 27th! We are doing well, very well.
I am changing the reporting just a bit. The same "just the facts" - address and sale price. However, I want to break it up a bit for better understanding. There will be three sections: Village, Town and Waterfront. Enjoy!
Village
113 Orchard Road - $427,137 (new construction)
116 Orchard Road - $440,000 (new construction)
23 West Elizabeth Street - $128,000
30 East Lake Street - $135,000
23 East Street - $250,000
77 Onondaga Street - $160,000
8 Wicklow Drive - $310,000
8 Highland Street - $127,000
9 State Street - $180,000
Waterfront
3125 East Lake Road - $980,000
72 Carlton's Cliff - $345,000
2686 East Lake Road - $269,900
2114 Lakeview Lane - $485,000
Town
1358 New Seneca Turnpike - $260,200
2817 Nunnery Road - $415,000
51 Calemad Drive - $332,000
1206 Hencoop Road - $190,000
3201 West Lake Road - $175,000
3244 East Lake Road - $279,000
Lot 11 Butters Farm Lane - $445,600 (new construction)
Saturday, April 21, 2012
"Know Your Neighborhood"
A few weeks ago Suzanne Thompson from the Camillus office of Realty USA called to ask if I could hold my listing at 208 Dorwin open on Sunday, April 22nd. The Greater Syracuse Association of Realtors was sponsoring a "Know Your Neighborhood" weekend and encouraging agents in specific areas to have open houses. This Sunday it's the Valley in Syracuse. My sellers were thrilled to hear of this program and have worked diligently to make our open house possible. I will be there from 1:00 to 3:00 - please stop in and say hello, especially if you read about it here on my blog.
Just a bit about the home....All those windows you see are the front porch, not included in the square footage because it's a non-heated space - but a great liveable space a good part of the year. Inside you will find high ceilings in the living room, dining room, kitchen and first floor bed and bathroom. You can eat in the kitchen in a nook overlooking the very deep back yard. Upstairs is a master bedroom with two large closets - the dormer in the photo is the bedroom, creating a cathedral ceiling. There are two more bedrooms, and another full bath. One of the bedrooms was probably an attic originally so has a lot of interesting angles to it.
The price is a very reasonable $96,000 - cheaper than renting. With a few thousand dollars down, your payment including taxes and insurance will be less than $1,000 per month. If you want to see this home - come to the open house, or make an appointment with me (447-0441) or check it out online at http://realtor.com/ or http://remax.com/. The ML# is S260830. Dorwin is located between Valley Drive and South Salina Street, at the very southern edge of the city. Green Hills (the grocery store) is only a couple blocks away.
If that doesn't entice you - I'll also have refreshments tomorrow!
Just a bit about the home....All those windows you see are the front porch, not included in the square footage because it's a non-heated space - but a great liveable space a good part of the year. Inside you will find high ceilings in the living room, dining room, kitchen and first floor bed and bathroom. You can eat in the kitchen in a nook overlooking the very deep back yard. Upstairs is a master bedroom with two large closets - the dormer in the photo is the bedroom, creating a cathedral ceiling. There are two more bedrooms, and another full bath. One of the bedrooms was probably an attic originally so has a lot of interesting angles to it.
The price is a very reasonable $96,000 - cheaper than renting. With a few thousand dollars down, your payment including taxes and insurance will be less than $1,000 per month. If you want to see this home - come to the open house, or make an appointment with me (447-0441) or check it out online at http://realtor.com/ or http://remax.com/. The ML# is S260830. Dorwin is located between Valley Drive and South Salina Street, at the very southern edge of the city. Green Hills (the grocery store) is only a couple blocks away.
If that doesn't entice you - I'll also have refreshments tomorrow!
Wednesday, April 18, 2012
Skaneateles Real Estate - The Weekly Update
I started the day off with a bang. It was hair day, so I went in to Carlo's on West Genesee in Syracuse. The proprietor and owner, Carmen Logan, was celebrating his 75th birthday and looking great. A client brought in champagne, and there we all were sipping out of plastic cups at 9:30 in the morning. I could get used to this!
Currently there are only 98 active listings in the Skaneateles area of the multiple listing service. Of these, 30 are in the village and 26 are considered waterfront. I say "considered," because until the listings change it is difficult to distinguish between lake rights and actual on the water waterfront. Ponds and rivers are also called waterfront. Just a note.
Two new listings came on. One is a lovely village home priced to sell in the mid-$300,000 range. Another is just at the edge of the village for well under $200,000. I predict both will be gone by September 1st.
There are 12 properties marked under contract, none of which are new. Thirteen others are pended, with one new one, a home needing work but having a great deal of acreage.
We have now reached the magic number of 20 for closings! Very early this year, compared with other years. I will in the next week publish a list of homes with their addresses and disclosed selling price. The latest closing was a small village home.
The lowest priced house this year sold for $128,000 and the highest for $980,000. The median, as I am sure JT will ask, is a sale price of $269,000. Of real significant interest is the fact that 40% (8) homes that closed are village homes. They seem to be selling well - is it the gas prices or just the houses themselves?
Please consider buying now. The rates are the lowest they have been but who knows when they will rise. You can get so much more house than you can for the same price even at 5% interest. Do not wait! Consider this a warning!
Currently there are only 98 active listings in the Skaneateles area of the multiple listing service. Of these, 30 are in the village and 26 are considered waterfront. I say "considered," because until the listings change it is difficult to distinguish between lake rights and actual on the water waterfront. Ponds and rivers are also called waterfront. Just a note.
Two new listings came on. One is a lovely village home priced to sell in the mid-$300,000 range. Another is just at the edge of the village for well under $200,000. I predict both will be gone by September 1st.
There are 12 properties marked under contract, none of which are new. Thirteen others are pended, with one new one, a home needing work but having a great deal of acreage.
We have now reached the magic number of 20 for closings! Very early this year, compared with other years. I will in the next week publish a list of homes with their addresses and disclosed selling price. The latest closing was a small village home.
The lowest priced house this year sold for $128,000 and the highest for $980,000. The median, as I am sure JT will ask, is a sale price of $269,000. Of real significant interest is the fact that 40% (8) homes that closed are village homes. They seem to be selling well - is it the gas prices or just the houses themselves?
Please consider buying now. The rates are the lowest they have been but who knows when they will rise. You can get so much more house than you can for the same price even at 5% interest. Do not wait! Consider this a warning!
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