Wednesday, January 30, 2019

Compilation - The Last Fifteen and The First Update



It can be gorgeous out there, this winter.  Cold now - frigid even - but so beautiful too.

Below are the last 15 single family properties that closed in the Skaneateles area of the multiple listing system in 2018.  They all closed from November 1st to the end of the year.

Village

112 Fennell Street          $130,000

14 Gayle Road               $430,000

135 East Genesee St.     $415,000

185 East Genesee St.     $415,000

59 Jordan St.                  $257,000

104 West Lake St.          $550,000

7 Onondaga Street         $487,500


Town

810 Hencoop Road       $675,000

3872 Highland Ave.      $238,000

1089 Jewett Rd.            $259,000

105 East Lake Rd.        $460,000

839 Old Seneca Tpke.    $95,000

1725 Russells Landing  $510,000

1017 The Lane              $657,000

1397 Thornton              $510,000


What's happening now to start the new year?  There are currently only 35 active listings in the Skaneateles area.  That's it, folks!  Of these, 9 are in the Village and 10 are considered waterfront.
In the Skaneateles School District there are 44 listings (and don't forget the 10 lots I have listed in the Town of Sennett but Skaneateles Schools!)  The median price of both areas is around $430,000.  The lowest priced house is under $50,000 while the highest priced listing is 9.5M.  Quite a range!  Only one truly new listing came on the market this past month; two others are re-lists. 

This weather, the uncertainty of the shutdown....all are contributing factors.  But remember, investing in real estate in Skaneateles is, in my humble and quite prejudiced opinion, always a great idea!









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