Friday, October 12, 2012

Skaneateles Real Estate - Update Sept. 19th - Oct. 3rd

As you can tell, it's still busy and I am still out and about way too much it seems.  I pulled together the research for this blog and just never got a chance to write it out.  It helped me get a listing - I love knowing what I am talking about and being able to throw out exact numbers.  I feel like I could take on a candidate running for Realtor in Skaneateles!  I just need to find the time to communicate what I know to my readers.  And I know they will decrease without my publishing regularly, so I will do better by writing more often.  Starting here today.

During this period there were 111 active listings in the Skaneateles area of the multiple listing service.  Of these, 33 were in the Village and 27 were considered waterfront.  Eight new listings came on the market, but 5 of these were re-lists with reductions in price.  One of the new ones was a beautiful Village home priced just under one million.  A home in the town but not far outside was priced around $200,000 and a waterfront  camp came on around $300,000.

Six new ones joined the under contract or pending category to bring that number to 30.  One Village, 4 in the town, and a waterfront.

We now have 90 sold and closed, year-to date.  Incredible!  Six new ones were added to this list: one in the Village and five in the town.

This brings the number of Village properties sold year-to date (remember, the end-date is October 3rd) to 34.  I went back and looked at 2011; there were only twelve (12!) sold in that time period.  We are having a blazingly hot year, especially in the Village.  The median prices are slightly down - $285,000 vs. $349,000 - and certainly that is a contributing factor.  But so are the mortgage rates.  Come to Skaneateles!