Skaneateles Real Estate - The Early Fall Update

I've been doing the research required for the update over the past hour.  Several times I was interrupted by phone calls and notifications.  One of them was from Syracuse.com....WelchAllyn will get 100 new jobs! Hooray!  Another was from an old friend who is ready to move into the Village and enjoy life on a quiet street.  He needs a ranch, or at least a home with a master bedroom and bath on the first floor.... He had seen my 5 Orchard listed but knows now that places like that go quickly...as that has done...and are rare.

Currently there are 73 active listings in the Skaneateles area of the multiple listing service.  Thirty of these are in the Village, while only 15 are considered waterfront.  The median list price of all the listings is $400,000; fully a third of the homes in the Village are listed between $200,000 and $300,000.  Fifteen listings have come on in the past 6 weeks since the last update.

In the under contract category, 24 homes are waiting to close.  Of these, 12 are newly contracted.

To date, 83 single family properties are sold and closed.  Ten are new closures since I last wrote.  Another four had closed but had not been reported.  The median list price of the 83 closed homes is under the 400K mark but about the same as last year.  While we were on a whirlwind pace to meet or exceed last year's record, the pace has slowed.  We are 10 behind where we were in 2015.  Now if those WelchAllyn jobs would materialize quickly and everyone bought and closed before the end of the year.....that would be great!
It wouldn't be right to close without relaying that it's been a tough week for the real estate community.  Pat Snyder, who for so many years was a staple at Williams Realty and who had moved to RealtyUSA just recently, passed away.  Pat was the heart of the business, the laughter behind the goofball things that happen. She found joy in everything, certainly making me laugh all the time.  She told me years ago before Liam was born how wonderful grandparenting could be.  She said some day he would look up at me and say "I love you, Grandma..."  She called me Grandma, and always asked after the boys.  I will miss her so much.