Skaneateles Real Estate - The Rainy Day(s) Update

It has been wild, the last few weeks.  Except for the lots in Sennett on Calemad Drive - Skaneateles Schools! - my listings have sold or received offers and my buyers are (for the most part) settled.  I still need an adorable little (under 1600sf) home that needs very little work and lists for under $145,000.  Camillus preferred, but the market is so very strong there still that even though we get to houses the day they are listed, we have yet to find something.  There is little thinking time.

Rainy day - but better than the floods that have inundated the area.  The water came into camp on the 1st of July, but we mopped up - thank goodness we were there! - and went on with our weekend with the kids.  When we got up to the road we found everyone had been affected - not just older camps, like ours, but ones newly built.  The rain turned our hill into a river, bringing not just water but the proverbial flotsam and jetsam down into camps and front yards.  The lake has logs in it still; our docks are floating.

But in the midst of all the rain houses have been listed, sold and closed!  The last blog update was six-plus weeks ago.

Currently there are a measly 47 single family properties listed in the Skaneateles area of the multiple listing service.  Of these, 7 - only - are in the Village and 11 are considered waterfront.  (It is summer, a very good time to show and sell waterfront, after all!)  Fourteen are new listings, but in actuality only 10 are truly new.  Three are waterfront and only one is a Village home.

Under contract are 34 homes, just waiting to close!  Nine of those properties are new in the past 6 weeks - which isn't really a lot, but then there are very few to sell!

Here's where the action is - attorneys' offices!  Twenty-four homes (24!) have closed since the last update. That's HUGE!  We now have 58 sold and closed single family properties year-to-date.  And remember, there are 34 more going to attorneys.  Comparing the numbers to our past couple record years: 64 had closed by this time last year, and 56 in 2015.  That was a year - we ended up with 129 sold and closed homes.  We are right on track.

A couple other interesting facts have come out of this.  Going back and looking at the recent closings the median list price was $397,000.  The median list price for the whole year so far is $297,000, a significant difference.  It was truly a wild and prosperous time since the beginning of April for the sellers.  Let's hope the fall market does as well.