Thursday, February 9, 2017

Skaneateles Real Estate - The Chilly Update

It's chilly sitting here at my desk.  I'll keep it all brief and to the point!

There are currently only 47 - that's all, folks! - active single family listings in the Skaneateles area of the multiple listing service.  Of these, 11 are in the Village and 9 are considered waterfront.  The range in price begins with $44,000 (yes, you can buy a home within a couple miles of the Village but be prepared to do a "bit" of work), to 4 million dollars.  Even 10 years ago the higher end would have been unreal.  Now there are only 3 waterfront homes listed under a million dollars.

Seventeen properties are under contract.  Nine are in the Village and 2 are waterfront - places sell, even in the winter!  This range is a similar $80,000 to 3 million.

So far this year - 40 days into the year - there are already 7 closed properties.  Interestingly their listing prices ranged from $130,000 to $570,000.  They all sold within 10% of their list price, with the majority coming in around 5%.  It's an active market out there!  Do not delay your listing or selling!




 I added the logo here because, in part, I had such a wonderful time meeting people at Winterfest a couple weeks back.  I want you all to know that our office is open at 32 East Genesee Street (lakeside) in Skaneateles.  Please stop in - or check out our window with listings from all over the area!  Warren Buffett knows what he's doing - and he's investing in Skaneateles by locating his 11th CNY office there!  Http://bhhscnyrealty.com or call the office at (315) 685-7000.  Of course you can always reach me at (315) 447-0441 or MBrooks@bhhscnyrealty.com.

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