Nicholas Politi
The warm temperatures arrived early this year in the Adirondacks, melting the winter snow and ushering in spring weeks ahead of schedule. That head start on the season has translated into a red-hot summer real estate market that is heating up faster than ever before.
Inventory Crunch Continues
Despite the early spring, housing inventory remains extremely tight across the Adirondack region. Buyers who have been patiently waiting out the winter are now flooding back into the market, met with a severe shortage of available properties for sale. This inventory crunch shows no signs of letting up anytime soon.
For sellers, that means this is an absolute prime time to list your home or property. Getting your listing on the market now allows you to take advantage of the intense buyer demand before inventory levels rise in the coming months. I expect hundreds of new listings to hit the market soon as more sellers look to capitalize on the hot conditions.
Waterfront Properties in High Demand
Waterfront real estate has always been a hot commodity in the Adirondacks, but this summer the demand is reaching new heights. With an extremely limited supply of lakefront homes and land parcels available, properly priced waterfront listings are getting snatched up at breakneck speed.
The lakes seeing the most intense interest include Lake Placid, Mirror Lake, Upper Saranac, Upper St. Regis, Kiwassa, and Tupper Lake. If you own waterfront property on or near any of these bodies of water, now is the absolute ideal window to list and take advantage of this once-in-a-lifetime seller’s market.
Adirondack Allure Driving Demand
What’s fueling this remarkable seller’s market? It’s the unmatched natural splendor and outdoor amenities that make the Adirondacks such a special place to live. Buyers are being drawn from near and far by the clean air, pristine waters, and boundless opportunities to reconnect with nature that this region provides.
After being cooped up for an extended period, there is a tremendous pent-up demand for the Adirondack lifestyle and all it has to offer. Sellers who list now can position themselves perfectly to capture this massive wave of interest.
If you’ve been considering selling your Adirondack property, there has never been a better time than right now. With inventory levels still severely constrained and buyer demand intensifying by the day, getting your listing on the market immediately gives you a prime opportunity to capitalize on this historic seller’s market.
