I got so involved in the statistics that my tea got cold and the sun went down! Fascinating.
This is only a first part of other blogs (or blog) about the area and what happened in 2011 real estate-wise. I just need to feed the dog, figure out dinner, and get some other work done. If I stay with the multiple listing service none of this will happen.
So! In Skaneateles in 2011 we sold and closed 70 homes. Of these, 20 were in the village and 15 were waterfront. This compares with previous years:
2010 75 closed 13 village 17 waterfront
2009 81 n/a 18
2008 66 n/a 20
("Village" as a category was only begun in 2010)
Then I got into the fun stuff. Thanks to JT, I decided to look at median prices, because I know that despite the numbers there was at least the sense of a turn-around.
Going the other way....(for dramatic effect...) Median list price is of homes that closed...
2008 $415,000 median list price $400,000 median sale price
2009 $335,000 median list price $335,000 median sale price
2010 $250,000 median list price $230,000 median sale price
2011 $299,000 median list price $290,000 median sale price
So we are moving up, at least as far as the sale prices go which is a very welcome sign! And if you look at the 2008 figure, that was the year with the most waterfront homes having closed amid the fewest overall closings - a certain influence on the median.