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Showing posts from January, 2013

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 year, an exciting year because currently there a

Protection

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When a newspaper croaks, a loyal and important servant to its community is lost. Or that's what the obituaries say. The truth is, a dead newspaper scarcely bears any resemblance to the mythical beast that will be lionised when the printing presses shut down and the plastic bag full of paper and ink stops landing on lawns each morning.  The Advocate, its death assured as a marsupial on a Tasmanian road at dusk, will be one of those lionised newspapers. It shouldn't be. The Advocate's turf is one of Australia's most economically disadvantaged electorates, something that goes hand in hand with low education levels. It's almost assured when The Advocate recycles a press release or culls stats to craft a story, the readership won't find themselves digging any deeper. Forget them trawling ABS spreadsheets for reality.  Sean Ford, senior journalist amongst a bunch of 12 year olds, knows this. He's The Advocate's "resident numbers man" (yep, that's

Closing out 2012

What a great way to end the old year and bring in the new!  The following are the Sixth Twenty homes to sell in the Skaneateles area in 2012, plus an extra seven homes to close the year.  One hundred twenty-seven single family residences - amazing!  127 !  By way of comparison, in 2011 there were only 71 closings the entire year. In no particular order: 2575 East Lake Road - Town of Skaneateles - $710,000 2098 West Lake Road - Town of Skaneateles - $217,000 44 East Lake Road - Village of Skaneateles - $220,000 35 Calemad Drive - Town of Sennett - $395.000 3878 Highland Drive - Town of Skaneateles - $281,000 1650 Coon Hill Road - Town of Skaneateles - $160,000 5 Woodmere Terrace - Village of Skaneateles - $580,000 8A Gayle Road - Village of Skaneateles - $775,000 3395 East Lake Road - Town of Skaneateles - $1,650,000 4416 Jordan Road - Town of Skaneateles - $145,000 5 Tallcott Lane - Village of Skaneateles - $584,000 1022 Butters Farm Lane - Town of Skaneateles - $400,000 4388 State St