Thursday, February 27, 2020

The Final Town Closings for 2019 - Under $340,000



I love this photo and had to share it with you.  It came from the Skaneateles Chamber's newsletter and I believe it is credited to Pride & Joy, the children's shop on East Genesee Street.  We live and work in a magnificent Village!

On to the closings:

3756 Highland Avenue          $333,000

4181 NW Townline Road      $330,000

1562 Heifer Road                   $311,500

2411 Wave Way                      $310,000

3678 Fisher Road                    $285,000

3824 Knightsbridge Road       $284,900

859 Old Seneca Tpke             $284,000

2428 West Lake Road            $279,000

3943 Highland Avenue          $275,000

1371 New Seneca Tpke         $270,000

3052 East Lake Road             $270,000

4550 State Street Road          $265,000

1833 Benson Road                $265,000

4574 Vinegar Hill Road        $262,500

2726 West Lake Road           $255,000

867 Milford Drive                $255,000

4542 Vinegar Hill Road        $254,000

987 Old Seneca Tpke            $247,000

2886 West Lake Road          $245,000

1570 Coon Hill Road           $245,000

3920 State Street Road         $227,500

4014 Jordan Road                 $215,000

1031 Old Seneca Tpke         $200,000

4704 Foster Road                 $187,500

860 Crow Hill Road             $185,000

1638 New Seneca Tpke        $185,000

1000 Stump Road                 $169,000

4284 Jordan Road                 $100,000

Tuesday, February 11, 2020

The Final Town Closings of 2019 - $340,000 and Above

Why $340,000?  This is that quiz you've always dreaded....Answer: Yesterday I wrote that the median price of all Skaneateles single family residences was $340,000, so using that number breaks up the statistics a bit with some rational explanation.  (These are just the Town listings here.)


3406 West Lake Street       $7,000,000

3101 East Lake Road         $2,200,000

3187 West Lake Road        $1,446,000

2707 East Lake Road         $1,225,000

2815 East Lake Road         $1,079,000

1813 Russells Landing          $875,000

1056 Butters Farm Lane        $825,000

3373 East Lake Road             $749,000

3124 County Line Road         $649,000

1031 Butters Farm Lane        $585,000

1013 The Lane                       $515,000

4079 Center Street Road        $504,900

3350 County Line Road        $487,000

1863 Sugar Maple Lane        $483,055

1155 Hencoop Road              $445,000

1383 Foxfield Drive             $442,000

1552 Heifer Road                 $419,000

2502 Lakewatch Lane          $405,000

2873 West Lake Road          $400,000

1406 Lacy Road                   $390,000

1390 Thornton Heights        $370,000




The Final Village Closings of 2019

I thought I'd break it up, seeing as there are so many I missed last year.  These are the Village closings from the end of July.


1 Clift Lane                $750,000

2 West Lake Street     $750,000

104 Sinclair Street     $747,600

1 Barrow Lane           $643,000

52 W. Elizabeth st.     $545,000

98 East Lake Road     $533,000

91 East Lake Road      $510,000

8 Orchard Road           $445,000

45 Onondaga St.          $435,000

147 East Genesee St.  $406,000

25 Griffin Street          $385,000

61 Jordan Street          $380,000

21 East Lake Street     $378,940

4 East Street                $370,000

17 Onondaga Street     $346,500

52 West Genesee St.    $330,000

70 Fennell Street         $300,000

33 Hannum Street        $261,000

10 East Austin Street   $205,000

Monday, February 10, 2020

Skaneateles Real Estate - The End of 2019 Update

The blog got put on hold...still, it's been a long, long time!

The world is changing - have you noticed?  For years I was obsessed with getting a weekly update out there, and then that became stressful.  I also realized that it had gotten boring, because the statistics had overwhelmed my initial fervor.  I was bored - it was boring - you, poor readers, were bored.  I find statistics fascinating most of the time; they are the true reflection of what is happening, unfiltered by subjectivity.  But it's the subjectivity that makes them interesting.  Can't win!

Let's finish 2019 so we all can move on.  To what, I'm not sure yet.  I enjoy writing, and this promises to be an interesting and historic year.

Keeping it simple:

108 single family homes in the Town of Skaneateles sold this past year.
The median price was $340,000 (the same as in 2018).
The range was from $45,000 to 7 million.
Of these, 76 were in the Town and 32 in the Village.
The median Village price was $380,000.
Only 14 waterfront properties were sold. (More on that later...)
In the Skaneateles School District there were 138 sold and closed listings.

Discussion:

Waterfront has become expensive.  Of the 14 listed as waterfront, only 7 were right on the lake.
The sold prices ranged from $749,000 to 7 million (as you might have guessed.)
Another nine in Spafford closed ($410,000 to $875,000)
Niles had seven closings ($260,000 to $479,900).
Sempronius and Scott at the very south end of the lake added 4 more.

Overall, the year looked similar to 2018.  Fewer houses sold then, but the median price was the same.
The jump came from 2017, when 123 homes sold and the median price was $293,000.

Currently there are only 40 active listings in the Town of Skaneateles.