Wednesday, September 7, 2011

Skaneateles Real Estate - The Weekly Update (sort of)

Starting again, it is always good to get your bearings.  My bearings.  I was getting my hair done at Carlo's today and ran into a fellow Realtor.  She asked me about Skaneateles and how things were going this year.  Thank goodness I had done the statistics yesterday, because I could rattle off the numbers.  Now you will be able to, also.

There are currently 150 active listings in the Skaneateles area of the multiple listing service.  Of these, 45 are in the village.

Under contract, there are a total of 8 single family homes.  Five can still be shown, while three are so solid that the owners feel they do not need to be shown any more.  At least, that is the presumption.  We all know that (all together  now) - "It's not closed until it's closed!"  And lately even that's under dispute!

Five others are pended, which generally means that the mortgage commitment has come in and only the attorney issues - title and such - need to be completed.

This year to date 48 properties have closed.  This compares with last year's 46 by this date.  The year before a whopping 59 were done.  Of course, that makes up for the previous 2008 of only 32 (ouch!)  Average those two years and you find 45/46 as the midpoint, oddly similar to 2010 and 2011.

The update is back and will be found on your computer next week about this time!  Thank you for your patience!