Skaneateles Real Estate - 2012 Analysis and Update
So before I start getting into updates, I need to put last year to rest. If I can - the energy was huge, as they say, and the stats too. We had a record 127 closings. Of those, 40 were in the Village and 24 were waterfront. In the past, the numbers for Village and waterfront have been similar. Suffice it to say that the number was about the same for waterfront, just Village and Town jumped up. The lowest priced property to close went for $25,000 in the Town. The Village number was $127,000 and surprisingly waterfront was lower at $110,000. Of course, that was made up by having the highest priced property to sell - 1.6 million. The Village's highest priced home was $850,000. This past year there were only 2 homes that sold for over a million, a reflection I believe of the reduction of overall prices. Most Village and Town homes closed around 10% under the list price. The median list price overall was $295,000. So on to a new yea...