Thursday, September 20, 2012

Skaneateles Real Estate - The Bi-Monthly Update

Summer is over, sort of, but it doesn't feel like it is.  I've had only one new apple so far thanks to the frost, and it was hard!  Usually I stop on Route 20 coming out of Lafayette and grab the first of the Jersey Macs.  Besides not having time this year, it just hasn't felt right.  Maybe because the rush is still on for real estate, and I haven't done the fall open house with cider and donuts because everything is selling.  It's just very different this year.

What is really different is the amount of business we are all doing.  Hold on to your hat!

Currently there are 117 active listings in the Skaneateles area of the multiple listing service.  Of these, 34 are in the Village and 27 are reputed to be waterfront properties.  Since I last wrote on September 5th, 13 new listings have come on the market.  Five of these are re-listings with a good deal of price reductions.  All of the three waterfront listings are in this category.  In the Village there are four new homes out there ready for their buyers.  They range in price from $400,000 to $800,000 or thereabouts.  There are four new ones in the town section.  Those range from the mid-$100,000 to higher $300,000s.  If the selling continues, I am willing to guess that half of all of these will be gone in two months' time.

In the contingent-under contract-pending category we have a low of 23 waiting to close.  Five are new to this, three of the non-waterfront properties averaging around $200,000 are "sold" but not closed.  The two new waterfront additions are quite lovely and higher priced, as you would imagine.

So of course if you've been reading this blog you know that if there are so few in the last category, then a lot must have sold and closed.  Eight more to be exact!  That brings us to 84 for the year, an unheard-of number in recent times.  As I have reported since spring, the majority are Village homes.  It's been a great year for the Village.  In the next week I will publish the Fourth Twenty closings.  Incredible!

BUT!  If you don't know what to buy or want to wait and see if your favorite Village home will come on the market in the next year, you are more than welcome to lease 31 East Elizabeth Street.  It's a Victorian with almost 2,000sf, four bedrooms, two full baths, a detached single car garage, and within easy walking distance of everything - shops, schools, lakefront, parks....The cost is $1,800 per month plus utilities.  Nicely-behaved pets are welcome.  Enjoy the seasons from the warp-around porch at the corner of Elizabeth and State Street, then stroll on down to our office to the left of Doug's Fish Fry and check out our listings.  Not such a bad place to live, work and play.