Q4 2023 | SKANEATELES OF CENTRAL NEW YORK

Q4 2023 | SKANEATELES OF CENTRAL NEW YORK

  • Ellen O'Connor
  • 01/8/24
The Quarterly Market Report offers insight into residential real estate sales activity and regional trends. It complements the Market Report, giving you a broader look at the real estate market. If you are interested in receiving the Market Report, please let me know. I would be happy to set that up for you.

The market summary below offers a look at sales activity for the prior quarter and year, along with current and past year-to-date statistics. The graphs cover several different aspects of the real estate market. Note how some of the graphs break out trends by price increments. Please contact me if you would like more information on your current market.



SKANEATELES OF CENTRAL NEW YORK

MARKET OVERVIEW
Q4 2023 | SINGLE FAMILY HOMES



LISTING INVENTORY AND NUMBER OF SALES
Q4 2023 | SINGLE FAMILY HOMES

Quarterly inventory of properties for sale along with number of sales .






SKANEATELES OF CENTRAL NEW YORK
   
MEDIAN SALES PRICE AND NUMBER OF SALES
Q4 2023 | SINGLE FAMILY HOMES

Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.  

 



AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q4 2023 | SINGLE FAMILY HOMES

Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.



SKANEATELES OF CENTRAL NEW YORK
   
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q4 2023 | SINGLE FAMILY HOMES

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.





AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
Q4 2023 | SINGLE FAMILY HOMES

Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of quarter.




SKANEATELES OF CENTRAL NEW YORK   

PROPERTIES FOR SALE AND SOLD PROPERTIES
Q4 2023 | SINGLE FAMILY HOMES

Properties for Sale | Number of properties listed for sale at the end of quarter.


Sold Properties | Number of properties sold.



MONTHS SUPPLY OF INVENTORY
Q4 2023 | SINGLE FAMILY HOMES

Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.




SKANEATELES OF CENTRAL NEW YORK    
MEDIAN SALE PRICE
Q4 2023 | SINGLE FAMILY HOMES

Price of the "middle" property sold -an equal number of sales were above and below this price







MEDIAN SALE PRICE AND UNITS SOLD
Q4 2023 | SINGLE FAMILY HOMES

Median Sale Price vs. Number of Sold Properties each Year ** Sold Properties for current year are annualized based on actual sales year-to-date











The statistics presented in the Quarterly Market Report are compiled based on figures and data generated by IDC Global and Datafloat for the benefit of Four Seasons Sotheby's International Realty. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Data maintained by the MLSs may not reflect all real estate activity in the market. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 Four Seasons Sotheby's International Realty.
Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.

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Skaneateles real estate agent

Ellen O'Connor

Associate Real Estate Broker

About The Author

Ellen O'Connor ABR, CLHMS, GRI, SRES, 
Licensed Associate Broker
Uniting Extraordinary People with Exceptional Places
 

Impeccable service, top-tier area expertise, and a keen eye for potential. These are just some of the many qualities you can expect when working with Ellen O’Connor, realtor and real estate broker. Primarily serving the greater Syracuse area, Ellen has 18+ years of industry experience, and prides herself on matching her clients to their dream homes. 

Born and raised in Central New York, Ellen is a lifelong resident of the area and is one of Skaneateles’ leading industry experts. Her real estate career began in 2004 when she decided to combine her love of historic properties and helping others. Through many years of hard work and dedication to her clients, Ellen has become one of the area’s most renowned real estate experts. She has also painstakingly renovated over 19 properties, some dating back to the 19th Century, giving her unique insight on real estate investment in the area. Ellen is a licensed Associate Real Estate Broker, a Member of the National Association of Realtors, and holds numerous industry designations, including Graduate Realtor Institute (GRI), Accredited Buyers Representative (ABR), Certified Luxury Home Marketing Specialist (CLHMS), and Seniors Real Estate Specialist (SRES). In addition to her industry awards and accolades, she holds a Bachelor of Science degree from St. Lawrence University. 

Ellen is well-versed in many different facets of a real estate transaction. From her first-hand experience of property restoration to her many years of brokering deals, she has built an exemplary reputation as a top-tier agent. Ellen understands the nuances of lakefront properties and the hidden potential of under-appreciated assets, which give her a distinctive edge over the competition. She guides her clients through every aspect of a real estate transaction, from the first meeting to the closing table. Ellen works with buyers, sellers, and investors throughout the Central New York Region, specializing in lakefront homes, historic houses, investment properties, and vacation homes.

Along with building a successful real estate career, Ellen has made a wonderful life for herself beyond her work. She is the proud mother of two grown sons. She currently lives in Manlius and on Skaneateles Lake with her rescue dog, Beauregard, a Jack Russell/ Australian Cattle Dog mix who definitely runs the show. Her passions include historic property restoration, gardening, cooking, decorating, and design, as well as perusing vintage shops and estate sales for antiques.

Work With Ellen

Ellen O'Connor offers impeccable service to real estate clients in the Central New York region, with a specialized focus on waterfront and distinctive properties.

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