High summer - rainy day....perfect for writing this blog. I had thought about doing an open house out at Ten Mile Point in part because it's the boat show this weekend. Glad I didn't. On days like these Alex and I would head for the movies from camp. We'd stop at McDonald's - a rare treat - and avoid going back to the lake as long as we could. Now I love days like this - if I start at the lake and don't have to think about going there. Curl up with a good book, put on an old movie. Or, like today, write my blog.
Currently in the Skaneateles area of the multiple listing service there are 108 active single family listings. Of these, 27 are in the Village and 30 are deemed waterfront.
Ten new ones have come on the market since I wrote the last update - 22 days ago! They range from a low of around $200,000 to a high about $600,000. Only two are waterfront and only two are in the Village.
There are 23 homes listed as under contract. Five are new - and four of these are in the Village. The homes under contract range from $200,000-ish to well over a million dollars.
Year-to-date there are now 54 sold and closed homes. Twelve of these have closed since the last update. Five were in the Village and 3 were waterfront. Prices range from under 200K to over a million.
Last year was a record-breaking year for sales in Skaneateles. At this time there were already 61 closings, so we are near that mark. There were also a great number of Village homes and I thought that trend may have waned. The numbers show differently - 19 of the 54 closings this year were Village as compared to 27 of the 61 closings in 2012. The Village is still quite a desired commodity.
By the way - we had a very wonderful dinner last evening at the Glen Haven Hotel at the south end of the lake. I had my brie that I love so much, and Bob had huge shrimp and a pasta of some kind. For me, a rhubarb and mango crisp (a la mode, of course!) for dessert finished it off. But mostly we just soaked in the beautiful setting on the porch, looking out at the lake while the sun set. A splendid place to celebrate new beginnings and remember old times.
Sunday, July 28, 2013
Monday, July 8, 2013
The Second Twenty - Plus one
Odd how it's turning out that these are batches of 21 - but that's fine, because they are closings!
And now, in no particular order, here they are:
1390 Coach Road - Town of Skaneateles - $405,000
28 Orchard Road - Village of Skaneateles - $251,000
3959 State Street Road - Town of Skaneateles - $289,895
1053 Jewett Road - Town of Skaneateles - $285,000
718 Sheldon Road - Town of Skaneateles - $430,000
4519 Jordan Road - Skaneateles Falls (Unincorporated Community) - $30,000
1 Highland Street - Village of Skaneateles - $142,000
3754 Fisher Road - Town of Skaneateles - $134,000
1275 Oak Bluff - Town of Skaneateles - $1,150,000
42 East Elizabeth Street - Village of Skaneateles - $305,500
3858 East Street - Town of Skaneateles - $164,900
50 West Lake Street - Village of Skaneateles - $816,000
2 Prentiss Drive - Village of Skaneateles - $570,000
2605 East Lake Road - Town of Skaneateles - $995,000
130 Locust Lane - Town of Spafford - $525,000
2445 East Lake Road - Town of Spafford - $975,000
3187 West Lake Road - Town of Skaneateles - $996,000
1562 Heifer Road - Town of Skaneateles - $270,000
1 Teasel Lane - Village of Skaneateles - $390,000
682 School Street - Skaneateles Falls - $60,000
2987 East Lake Road - Town of Skaneateles - $2,835,750
And now, in no particular order, here they are:
1390 Coach Road - Town of Skaneateles - $405,000
28 Orchard Road - Village of Skaneateles - $251,000
3959 State Street Road - Town of Skaneateles - $289,895
1053 Jewett Road - Town of Skaneateles - $285,000
718 Sheldon Road - Town of Skaneateles - $430,000
4519 Jordan Road - Skaneateles Falls (Unincorporated Community) - $30,000
1 Highland Street - Village of Skaneateles - $142,000
3754 Fisher Road - Town of Skaneateles - $134,000
1275 Oak Bluff - Town of Skaneateles - $1,150,000
42 East Elizabeth Street - Village of Skaneateles - $305,500
3858 East Street - Town of Skaneateles - $164,900
50 West Lake Street - Village of Skaneateles - $816,000
2 Prentiss Drive - Village of Skaneateles - $570,000
2605 East Lake Road - Town of Skaneateles - $995,000
130 Locust Lane - Town of Spafford - $525,000
2445 East Lake Road - Town of Spafford - $975,000
3187 West Lake Road - Town of Skaneateles - $996,000
1562 Heifer Road - Town of Skaneateles - $270,000
1 Teasel Lane - Village of Skaneateles - $390,000
682 School Street - Skaneateles Falls - $60,000
2987 East Lake Road - Town of Skaneateles - $2,835,750
Saturday, July 6, 2013
Skaneateles Real Estate - The Long, Long Overdue Update
No, I have not gone to Alaska or Asia or Anywhere. I have been here pounding the pavement with my buyers, hitting my cell phone constantly, and returning home way past when I should have gotten there. All in a good cause - selling my listings and finding homes for my buyers.
Currently there are 100 single family homes in the Skaneateles area of the multiple listing service. Of these, 27 are in the Village and 28 are waterfront. Seven new homes have come on the market in the Village since I last reported (June 1st!) and 5 new waterfront listings have appeared.
Altogether 26 homes have been listed. The lowest priced home is well into the lower $100,000. The high is almost 8 million (and yes, it is on the water.) Three of the new ones are under $200,000 and four are above a million. The median price is a relatively high $449,000.
Fourteen properties have gone under contract. The median list price for those homes is just under $300,000.
We are well up there in sales. At the mid-point of the year we have 42 properties sold and closed. The median list price was $295,000. Five were over a million dollars (list) and 12 were under $200,000.
I am sitting in the office on a very muggy Saturday evening, inspired by a new buyer who just called and who will need statistics like these to understand the market. I need statistics like these to understand it - but then, I have little time to sit back and reflect. Today I had that chance, and I enjoyed it....but when the market is hot, as it has been this past month, it is time to jump and ask questions (or reflect) later.
Hopefully in the next week I will find more time to write out the Second Twenty of properties that have closed and their published prices. If not, please bear with me - and come to Skaneateles to be part of the market!
Currently there are 100 single family homes in the Skaneateles area of the multiple listing service. Of these, 27 are in the Village and 28 are waterfront. Seven new homes have come on the market in the Village since I last reported (June 1st!) and 5 new waterfront listings have appeared.
Altogether 26 homes have been listed. The lowest priced home is well into the lower $100,000. The high is almost 8 million (and yes, it is on the water.) Three of the new ones are under $200,000 and four are above a million. The median price is a relatively high $449,000.
Fourteen properties have gone under contract. The median list price for those homes is just under $300,000.
We are well up there in sales. At the mid-point of the year we have 42 properties sold and closed. The median list price was $295,000. Five were over a million dollars (list) and 12 were under $200,000.
I am sitting in the office on a very muggy Saturday evening, inspired by a new buyer who just called and who will need statistics like these to understand the market. I need statistics like these to understand it - but then, I have little time to sit back and reflect. Today I had that chance, and I enjoyed it....but when the market is hot, as it has been this past month, it is time to jump and ask questions (or reflect) later.
Hopefully in the next week I will find more time to write out the Second Twenty of properties that have closed and their published prices. If not, please bear with me - and come to Skaneateles to be part of the market!
Wednesday, June 12, 2013
Skaneateles Real Estate - The Long Overdue Update
I knew it had been a while, but I didn't think it was a month! I have been busy, which is good. I do like looking back this far because it shows trends more easily.
There are currently (only) 92 single family homes listed in the Skaneateles area of the multiple listing service. Of these, 28 are in the Village and 29 are considered waterfront.
Since the last update on May 17th, 17 properties have come on the market. Only one is a re-list. Nine are waterfront, and seven are in the Village. Three are multi-million dollar properties. The new listings range from $279,000 (my Highland Ave. listing - a steal!) to an almost 8 million dollar waterfront estate. Four of the Village homes are stately and large, and they range in price from $500,000 to almost $700,000.
Turning to the homes that have offers, there are 29 in this category. Some are waiting for other homes to sell, but the vast majority have offers contingent on financing or attorneys' legal work. Where the median price was somewhere around $600,000 in the new listings, the contingent homes' median price is about $300,000, or half that number. A third are considered waterfront, similar to the percentage of all listings.
With all these high numbers being bandied about I expected to find a goodly number of closings, as well. Instead I found five, all of them selling below $400,000. In this case the median list price was in the mid-$200,000. This means simply that, as we all know, the lower-priced homes sell quicker. The pool of buyers is greater than the million dollar home-buyers.
We now have 31 homes that have sold so far this year. Last year was a record-smashing year, and by this time there were 38 closings. Interestingly enough, the median price was just about the same. But there is a slow-down, and it can be felt in the number of showings requested in the past month. There shouldn't be - we just re-financed our house to take advantage of the 2.9% rates because they are going up. I believe everyone should get out there and BUY! There are some fantastic homes in our wonderful Village, Town and on the lake!
There are currently (only) 92 single family homes listed in the Skaneateles area of the multiple listing service. Of these, 28 are in the Village and 29 are considered waterfront.
Since the last update on May 17th, 17 properties have come on the market. Only one is a re-list. Nine are waterfront, and seven are in the Village. Three are multi-million dollar properties. The new listings range from $279,000 (my Highland Ave. listing - a steal!) to an almost 8 million dollar waterfront estate. Four of the Village homes are stately and large, and they range in price from $500,000 to almost $700,000.
Turning to the homes that have offers, there are 29 in this category. Some are waiting for other homes to sell, but the vast majority have offers contingent on financing or attorneys' legal work. Where the median price was somewhere around $600,000 in the new listings, the contingent homes' median price is about $300,000, or half that number. A third are considered waterfront, similar to the percentage of all listings.
With all these high numbers being bandied about I expected to find a goodly number of closings, as well. Instead I found five, all of them selling below $400,000. In this case the median list price was in the mid-$200,000. This means simply that, as we all know, the lower-priced homes sell quicker. The pool of buyers is greater than the million dollar home-buyers.
We now have 31 homes that have sold so far this year. Last year was a record-smashing year, and by this time there were 38 closings. Interestingly enough, the median price was just about the same. But there is a slow-down, and it can be felt in the number of showings requested in the past month. There shouldn't be - we just re-financed our house to take advantage of the 2.9% rates because they are going up. I believe everyone should get out there and BUY! There are some fantastic homes in our wonderful Village, Town and on the lake!
Friday, May 31, 2013
New Listing and Open House Alert! 3862 Highland Ave
I love this house! When I first got to Skaneateles I fell in love with Highland Ave, just outside the Village. I thought there was a place I could walk the dogs (Anna and Sebastian then) and Alex would find friends. It seemed so congenial - space between homes, large yards, small homes as well as larger ones. Alas, there were none at the time I could afford, so I came as close to it as I could. I still walked the dogs there, though, on the loop.
So here is your chance - 3862 Highland Ave, open Sunday from 1:00 to 3:00. It has three real bedrooms but also the possibility of a fourth which could be part of an in-law suite on the entrance floor. Two-car attached garage, LARGE inground pool, almost an acre (.99!) with privacy trees and a barely used road between you and the neighbors to the south. Inside are hardwood floors, a wood-burning fireplace, kitchen with stainless steel appliances, and a sun room that was so bright when I took the photos I couldn't get a good shot of it! The decks are great - so is the balcony off the master bedroom overlooking the pool. Really.
So come and see - you will fall in love! The price is $279,000 which is just under the assessment. Taxes are more reasonable in Skaneateles as I've said before than other areas. (Thank you waterfront properties and Welch Allyn!) For more photos, please see the listing: ML#S292041. To get there, go east on Genesee Street in the Village and veer left up Onondaga. Turn left again outside the Village limits onto Highland and watch the numbers. 3862 is on the right hand side. See you there!
So here is your chance - 3862 Highland Ave, open Sunday from 1:00 to 3:00. It has three real bedrooms but also the possibility of a fourth which could be part of an in-law suite on the entrance floor. Two-car attached garage, LARGE inground pool, almost an acre (.99!) with privacy trees and a barely used road between you and the neighbors to the south. Inside are hardwood floors, a wood-burning fireplace, kitchen with stainless steel appliances, and a sun room that was so bright when I took the photos I couldn't get a good shot of it! The decks are great - so is the balcony off the master bedroom overlooking the pool. Really.
So come and see - you will fall in love! The price is $279,000 which is just under the assessment. Taxes are more reasonable in Skaneateles as I've said before than other areas. (Thank you waterfront properties and Welch Allyn!) For more photos, please see the listing: ML#S292041. To get there, go east on Genesee Street in the Village and veer left up Onondaga. Turn left again outside the Village limits onto Highland and watch the numbers. 3862 is on the right hand side. See you there!
Thursday, May 23, 2013
New Listing on the Lake
The lot I have listed down Firelane 21B now has the possibility of a 1500sf. camp being built for it. And for only $350,000 - brand new!
The owners have built several of the cottages on the road in the past 20 years and so we sat down to write up what it would cost for them - Lake Country Construction - to build another one on this lot.
The price floored me. The camp would have a basement that could be a walkout. Upstairs a bedroom, full bath, family/living room and kitchen. The top floor would be left unfinished at this price, but could be a huge master suite or two bedrooms. The camp was already built for someone else, so if you are very interested I can show you which one it is.
The beauty of this plan is that you get a totally new house that would contain your fixtures, your layout, your
choices. Renovations cost more than new builds, in many cases, and trying to retrofit an old camp is difficult. This one is a blank slate - you decorate it right from the start. A wrap-around porch to take advantage of the views? Of course it would cost more, but then - it's your choice! Don't need a full block basement? The owners will build the camp for $25,000 LESS and put it on piers.
Water will come from the lake (our very, very pure lake), the septic system will be in and functional at this price,
and the owners are local builders so they know the Town and codes and people.
Not a whole lot more information online, but the ML# is S291630. I can sit with you and show you the plans, you can speak with the builders, and next year at this time you may be opening up your new seasonal cottage on the west side of Skaneateles Lake!
Saturday, May 18, 2013
Open House Alert! 115 Raspberry
Sunday from 1:00 to 3:00 I will hold 115 Raspberry in Camillus open. The price has just been reduced to $299,900 which makes it a bargain!
Not just a four-bedroom home, it also has a fifth bedroom over the garage and larger than the others, I think. A corner room, now used as a media room.
Not just one of many homes with back yards looking at other back yards, it has more privacy thanks to trees planted by the owner and the way the house was situated on the large lot.
Not just a full basement, but one finished in three ways: a kids' playroom in part, an adult bar, and the owner's office. Still room for storage, too!
Not just an eat-in family room, but also a formal dining room and formal living room (with a bay window and a view!)
Not just a pretty kitchen, but one with stainless steel appliances, stacked laundry, newer ceramic tiled floors and a gas fireplace at the far family room end.
Come and see it! ML#S285298 for photos....Take Route 5 from 695 to Ike Dixon Road across from Gilfillan's to a quick right onto Scenic Drive. Then it's about half a mile to Raspberry...up the hill and we are on the left. See you there!
Not just a four-bedroom home, it also has a fifth bedroom over the garage and larger than the others, I think. A corner room, now used as a media room.
Not just one of many homes with back yards looking at other back yards, it has more privacy thanks to trees planted by the owner and the way the house was situated on the large lot.
Not just a full basement, but one finished in three ways: a kids' playroom in part, an adult bar, and the owner's office. Still room for storage, too!
Not just an eat-in family room, but also a formal dining room and formal living room (with a bay window and a view!)
Not just a pretty kitchen, but one with stainless steel appliances, stacked laundry, newer ceramic tiled floors and a gas fireplace at the far family room end.
Come and see it! ML#S285298 for photos....Take Route 5 from 695 to Ike Dixon Road across from Gilfillan's to a quick right onto Scenic Drive. Then it's about half a mile to Raspberry...up the hill and we are on the left. See you there!
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