Tuesday, February 15, 2011

Skaneateles Real Estate - The Bi-Monthly Update

It was exciting today to realize that it was indeed Blog Update Day! I certainly feel less knowledgeable about the houses coming on and off the market even though I check my "hotsheet" every day. Writing it all out is very helpful - I am certain that's how I learn, by assimilating the information and then re-forming it.

Currently there are 108 active listings in the Skaneateles area of the multiple listing service. Of these, 30 are in the village. Eight properties came on the market since my last report on January 30th, but only three were new listings. The others ranged from two in the mid-$100,000 to two waterfronts in the 1 million plus category and a large estate valued just under three million dollars. The three new ones were a ranch listed around $200,000, a small home for just over $100,000 and a lovely village colonial in the mid-$600,000.

Four properties are marked contingent with one new one joining the other three. This is a lake rights home in need of some work and priced accordingly. There are no new "under contract, do not show" properties. One very lovely new construction home, marketed in the mid-$400,000 and actually outside of Skaneateles but in the school district was sent to the pending list. I know of at least two families who tried to buy it, but their homes did not sell in time.

Three - hooray! - homes closed in the past couple weeks. A waterfront property sold at a "let's get it done" price came in at 60% of its original list price. Another waterfront home closed in the mid-$700,000 after being listed in the $800,000 range. A small house outside Skaneateles sold close to its list price in the mid-$100,000.

We are off and running towards a good year! Last year by this time only two homes had sold. There are some wonderful homes out there somewhere beneath the snow just waiting for spring and the traffic that will once again come to Skaneateles!