Skaneateles Real Estate - The Fast Finish Update

So I spent the last 6 weeks trying to recoup summertime at the lake and with the kids, but finding that while business seemed to slow a lot from the fast pace of earlier, it wasn't all that slow due to closings and other wonderful occasions.  Some things didn't come together - disappointments all around and work was required on endings.  But that happens.  I have to admit that two of the issues that did get resolved were mind-boggling....properties exchanged hands but the legal work was never done?  It was missed a couple times? And of course this happens after everything else has occurred...inspections, mortgages, surveys...moving trucks standing by.  Thank goodness for attorneys who will not let anything slide and in one case at least worked tirelessly to bring the deal to a satisfactory conclusion.

It's not all buying and selling - there is so much more!

So to update what happened in Skaneateles....there are currently 111 single family homes listed as active in the Skaneateles area as reported in the multiple listing service.  Of these, 28 are in the Village and 21 are waterfront.  After July 30th 32 new listings came on the market, 8 of them in the Village with 5 being brand new, not re-lists.  There was only one new lake listing though.  Five of the new listings are under contract, 2 from the Village, both listed under $200,000.

Seventeen houses are under contract right now.  Five are in the Village, and either over 300K or under 200K.  I believe the majority of Village homes listed are somewhere in the middle!  Three waterfront properties are waiting to close.

The very good news is that we now have 62 closed sales this year, an increase of 22 just in the past 6 weeks!  Five were from the Village and 5 were waterfront.  As I said - selling late in the spring brings these closings in the late summer.

Sixty-two closings means I will write up the Third Twenty in a bit.  Comparing this to last year we are still behind, as we are with 2012.  Certainly we are above the two previous years which were awful!
Year-to-date closings:    2014      62
                                      2013     78
                                      2012     85
                                      2011     51
                                      2010     47

But it's almost fall, and I have seen open houses better attended and showings increasing.  Now is the time to get out there and look and buy!