Wednesday, May 27, 2009

Skaneateles Real Estate - The Weekly Update

Nothing but good news! I've sworn off anything bad. It's been a rough few days dealing with the nasty e-mail that drove so many people to concern for me or feelings that somehow it was all a scam. Always positive, always moving forward. It's the only way!

Currently there are 139 active listings in the Skaneateles area of the multiple listing service. Seven new ones came on this week - 3 are re-lists with slight reductions, and therefore 4 are new. There is the beautiful waterfront for 1.1 million, the 2 bedroom priced well under $100,000 and sure to go quickly, and a lovely B&B opportunity for half a million. Of course 175 acres at a price tag of 4.25 million scoops them all - two houses, no waterfront.

There is very little new, if any, in the pending or contingent department. These generally show up past the date they actually are sold so it's always difficult to discover what is news.

But the best news is that we have reached 33 closed properties so far this year. Think of it! There were 66 altogether last year, and we're not even through May! This compares with 31 in 2007 which resulted in 103 closings for the year, and 41 in 2006 which gave us 107. I have to say we are back to normal. Really! I think so!

The newly closed properties are odd. One is a waterfront that closed at 65% or so of the original list price. The other was a spectacular property that appears to have closed at 20% over the original list price. There must be a story there - I'll see what I can find out.

It feels good to be selling and closing. I would suggest that if you are thinking about listing your home, now would be a very good time!