Wednesday, June 24, 2009

Skaneateles Real Estate - The Weekly Update

Every week when I sit down to write this update I spend a few minutes getting the absolute latest information from the MLS. It usually takes about 20 minutes, then I'm off and writing. Today, between finding properties that had just come on that were right for my clients and some intermittent e-mailing, it's been over an hour. Good news I think!

There are currently 137 active listings in the Skaneateles area of the multiple listing service. Six are new this week. Three of them are re-lists - outskirts, lake rights and village - with new looks and/or new prices. There's also a gorgeous waterfront for 1.5M, a sweet village home with a rare under $275,000 price tag, and a country listing under $400,000. Is it allowed for me to say these prices seem reasonable?

Three homes were marked contingent this week - a multi-family, a single family and a waterfront. We seem to be covering all the bases.

We now have 38 closed homes so far this year. That compares with 19 last year at this time. The one new one that did close was waterfront at 20% off the original price and after 18 months on the market. It's that time of year!

I looked at the homes that expired within the past 30 days. There were six of them. Three have returned to the market with a fresh face and a new price. One is actually sold, but because it wasn't marked "pended" in the computer and it reached it's expiration date while marked contingent, it shows that it expired. Two have simply gone away - but may return when the renters leave or another brokerage picks them up.

Have a wonderful week! It's summer at last!