Q4 2023 | SKANEATELES OF CENTRAL NEW YORK

Q4 2023 | SKANEATELES OF CENTRAL NEW YORK

  • Ellen O'Connor
  • 01/9/24
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 Rochester real estate agent

Ellen O'Connor

About The Author

Ellen O'Connor 
Licensed Associate Broker
ABR, CLHMS, GRI, SRES
Certified Luxury Home Marketing Specialist
 

Ellen O’Connor is a Licensed Associate Real Estate Broker in New York with more than 20 years of experience representing distinctive homes throughout Rochester, the Finger Lakes, and the greater Upstate New York region. A longtime resident of Skaneateles Lake who also lives and works with clients in Rochester, Ellen brings a nuanced understanding of both lakefront living and urban neighborhood markets to every client relationship. She is a trusted advisor to buyers and sellers who value discretion, preparation, and thoughtful guidance.

Ellen’s practice combines deep regional expertise with the global reach of Sotheby’s International Realty. She specializes in waterfront estates, village and city homes, and historic properties, guiding clients through architectural considerations, investment strategy, regulatory nuances, and design-forward presentation. Having overseen more than twenty home renovations, Ellen offers practical insight into preparing a property for market in a way that maximizes both aesthetic appeal and long-term value.

Ellen holds the CLHMS, ABR, GRI, and SRES designations and earned her Bachelor of Science degree from St. Lawrence University. She is a lifetime member of the National Association of REALTORS®. Known for her steady, strategic approach, Ellen provides a refined, highly personalized experience tailored to each client’s goals.

Ellen O’Connor is a licensed real estate broker serving the Finger Lakes and Upstate New York’s most distinctive communities.

 

 

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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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