Tuesday, October 30, 2012

Skaneateles Real Estate - The Occasional Update (October 17th - 24th)

I don't want to be cavalier about it, but between selling and showing things, closing others and this storm that never materialized in Skaneateles, it's been a long week.  I also held an open house at 5731 Sandbank Road in Elbridge and came away with a deeper appreciation for the property.  It's an amazing house, as everyone agreed who came through the open a couple days ago.  Add the property - 1.5 acres of truly a park-like setting - and it is much more than it appears from the outside.  Also, it demonstrates what you need to do prior to listing, if you look at the landscaping.  Fall is a great time to put a home on the market for this reason - all those colors!  You can see the full listing at REMAX.com or Realtor.com:  ML#S280235. (Sorry - I tried to upload a photo but blogger was having none of it today...could it be the storm?)

During this week, there were 104 active listings in the Skaneateles area of the multiple listing service.  Of these, 31 were in the Village and 28 were waterfront.  There were (despite my suggestion above) no new listings.

In the under contract category there continues to be a fairly high number of single family homes waiting to close, 37 to be exact.  Four are newly placed there - two in the Town and two in the Village.  Hopefully they will be able to close before the end of the year.

I firmly believe, though, that we will have no problem getting to 100 closings this year.  We have three new ones to report, all in the area surrounding Skaneateles.  Two of them are on the higher end - we are getting back to the prices that dominated the market a few years ago, as well as the volume.  All good news.