Skaneateles Real Estate Update - Finally Warm Edition

Warming up - both the weather and the sales!  I have the slider open to the deck, Charlie is at my feet taking care of me, and Boo is sunning himself as I write.  The leaves have finally opened and in the next week all those lovely trees on East Lake will be in bloom - take a ride out to Borodino!  (You can also admire the house at the corner of Nunnery and Route 41 while you're there....)

Currently there are 80 single family homes in the Skaneateles area of the multiple listing service that are on the market.  Of these, 18 are in the Village and 19 are considered waterfront.

Eleven "new" ones came on since the last time I published an update on April 27th.  Of these, only four are truly new - the others are re-lists of property that did not sell and are now being freshened for the spring market.   I rarely write about these, but they each have a lot in common - high end (over $700,000) and gorgeous.  

There's nothing wrong with the four really new ones that range in price from the lower $100,000 to almost $500,000.  Only one is in the Village, and it's my listing at 89 West Elizabeth Street.  We held the first open yesterday and even though it was Mother's Day we had a great turnout.  And why not?  New Village listing - .83 acres:  4 (could be 6!) bedrooms, and over $120,000 in updates and structural improvements.  The price is under most Village listings - $274,900.  Add to that the private lot...hmmmm...on brokers' open tomorrow, Tuesday, from 11:30 to 1:00 if you want to see it.  Or call me: 315-447-0441.

(ML#S310283)

So what sold - and why were we all running around showing things if not to sell them?  Actually, even if only 4 new listings came on the market, 8 other properties received offers and are under contract.  This is a very good ratio, and another reason to get out there and choose your new home soon, before it's sold!  Three of the new sales are Village, 1 is waterfront, and the other 4 are in the area.  The total number is now 21 under contract.

Sold and closed - hooray! - we have now reached the magic number of 20.  The two that closed are in the Town portion, bringing the waterfront, Village and Town to fairly even numbers.  The  median price this year is $327,000 and that's a slight increase over the last couple years.  Fewer homes have sold by this time, however, reflecting the fewer homes on the market.  In 2013 there were 26; 2012 there were 29 homes closed by May 12th.  We will catch up in the next month - still my solid prediction!

So get out there and see what's there to see!  I will publish the list of the First Twenty sales of 2014 in the next few days.  Please watch for it!