Skaneateles Real Estate - Heating Up!

Bittersweet Cottage - open this weekend, 9:00 to 4:00
2348 Brick Church Road - Weedsport

After the fourth soggiest May on record, it appears as if the market is taking off in Skaneateles. We've known that about the western suburbs, but Skaneateles still had a ways to go with about a six month supply of homes.  That has changed since the last update, a little over 3 weeks ago.

Currently there are 42 listings in the Skaneateles area of the multiple listing service, the lowest number of listings that I can remember.  Of these, 5 are in the Village and 12 are considered waterfront.  The median price is $415,000 - and that's high for all homes.  The lowest priced home in the Village is just under $400,000.  Again, quite high...but indicative of the historically low inventory.

Thirteen listings have come on the market in the past three weeks.  Only 6 are new.  One is a revised version of a listing, and the other 6 are re-lists, homes that haven't sold and are being refreshed.

Discussion is warranted here.  About a month ago the MLS notified everyone that changes were coming.  It has always been policy that listings must be displayed in the town in which the listing resides.  However, in order to get the listing seen by buyers, sometimes listing agents use a different town.  I've done that, most recently with 2474 Nunnery Road.  I listed it in Skaneateles because it is in the school district, has a 13152 address, and would not be seen as readily in Spafford. (Note: Realtor.com refers to Spafford as "Stafford," for whatever reason....sigh....)  I received a notification that I needed to change it to Spafford within a few days or be fined.  It was changed.  Other times I have done this for lakefront property.  I doubt out-of-staters search Sempronius for Skaneateles Lake listings!  Do you know where Sempronius is?  There's a lovely Berkshire Hathaway listing there now!  (S1053804)

The MLS is getting serious, however, and has stated it will REALLY fine everyone a lot of $$  and more rapidly.

This affects my statistics, going forth.  Monitor and adjust....I am adding a new category:  Skaneateles waterfront.  Although only 12 homes appear as waterfront under Skaneateles now,  there are actually 21 listed as waterfront irrespective of their Townships.  I think this will be more accurate. (I must note that it is interesting that 2 listings not in the Town of Skaneateles are still listed as such....so we are not 100% there yet with accuracy.)

Back to the update...

There are 47 properties in the under contract category.  WOW!  And 18 are new - almost one a day for the past three weeks! Four of these are Village homes.

Sold and closed?  Only 34 year-to-date, which is low...but with the backlog of under contract homes that number will soon be close to the past few years.  Nine of these closings are new, too.

Come see me on Sunday at 152 Greencastle Street - it's air conditioned!

ML#S1053924

Open House Alert! 152 Greencastle

I just love this drawing!  The artist sent this over yesterday and I keep going back to it, over and over. It captures the sweetness of the house, the charm of the area.

The home is 152 Greencastle in the Annesgrove community in Camillus.  It's a ranch with a partially finished basement.  The HOA maintains the green spaces and common areas, plows and mows for the residents.  The community was developed in the early 2000s and has grown up the hillside.  I've sold several homes in there, worked with a few couples to build, and leased this one out many times.  The owners now want to sell it.

I will hold it open on Sunday, June 18th from 12:00 to 2:00.  The price is $189,900.  Please come!
The MLS# is S1053924 to see more photos.

Over the years I've watched it change.  There are now pretty flowers in front, and a few years ago the owners put in an egress window (at a good cost) in the lower level (aka basement) so they could use it as a guest bedroom.  They had already carpeted it, and put in a second full bath.  Over the course of years the home had been rented while the owners went south to warmer climes and traveled the world.  Last year the downstairs was a child's play room and the smaller upstairs bedroom her nursery.

When Annesgrove first came into being I was smitten!  I was a new agent, and I brought my mother over with the thought that she could move in and be well-cared for in a smaller home, but still be able to walk her dog, Dulcinea.  She chose our home instead, but said she wished she had made the move to someplace like this ten years before after my father passed away.  It was the first time she'd ever said anything like that!  I think it paved the way for her eventual move, just seeing the possibilities.

We went out to California in the spring of 2003 when Alex was in Americorps in Sacramento.  Going up into the wine country, we stayed in Calistoga.  And there they were!  Homes and a village atmosphere, just like Annesgrove.

I will be sad to see this home sold, and I will certainly miss the owners.  I hope the new owners will love it too!