Hudson Valley Musing

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Red Hook New York Real Estate Market Report for October 2010

In Red Hook New York during the month of October there were 3 homes sold according to the data from the Mid Hudson Multiple listing Services; 4 less sales than last year as shown in the real estate market report for October 2009.  The sale price ranged from $185,000-$309,000.

Good to see some movement in the high end portion of the market; there is a property listed at over 1.6antique farm equipment million dollars with an offer and another over 3 million dollars in contract.

The overall inventory level in Red Hook is still high, however, I see some sellers are making price reductions and with low interest rates there are opportunities to purchase a home that you might not have been able to purchase just a few years ago.

Below you will find the breakdown of the market report for October 2010.

 OCTOBER 2010 MARKET REPORT FOR RED HOOK NY 12571

Active  2 Offer  1
Average List  $440,000 Average List  $1,695,000
Average DOM  34 Average DOM  84
Average SQFT  1748 Average SQFT  4676
Average $/SQFT  $252 Average $/SQFT  $362
       
       

 

Offer CS  1 Contract  3
Average List  $169,400 Average List  $1,310,000
Average DOM  211 Average DOM  140
Average SQFT  2112 Average SQFT  2660
Average $/SQFT  $80 Average $/SQFT  $492
       
     

 

Sold  3  
Average List  $253,833  
Average DOM  114  
Average SQFT  2289  
Average $/SQFT  $111  
Average Sold   $252,000  
Average $/SQFT  $110  

 

 Homes sold during October  2010 in the town of Red Hook NY

ADDRESS PRICE
Lothrop $185,000
Colonial Drive $262,000
Beech St $309,000

 

During October the only property sold in the Village of Red Hook was a mobile home.

 

Are you curious about the inventory breakdown in Red Hook? Below you can examine it by price range:

 Red Hook homes for sale

$0-$99,999                                 $100,000-$199,999                            $200,000-$299,999

$300,000-$399,999                  $400,000-$499,999                            $500,000-$599,999

$600,000-$699,999                  $700,000-$799,999                            $800,000-$899,999

$900,000-$999,999                   $1,000,000+

  

  Data for report obtained from Mid Hudson Multiple listing Services.  Deemed reliable but not guaranteed

Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com 

www.jfivehomes.com  or www.midhudsonhomevalue.com

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Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York  Real Estate Market Report for October 2010 

 

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  162 Deer Run Road, Red Hook NY 12571| 845-758-6842

  Jennifer Fivelsdal  |   Real Estate Broker  |  jennifer@jfivehomes.com  www.jfivehomes.com  or  www.midhudsonhomevalue.com

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7 commentsJennifer Fivelsdal • November 16 2010 11:04PM
Red Hook New York Real Estate Market Report for October 2010
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In Red Hook New York during the month of October there were 3 homes sold according to the data from the Mid Hudson Multiple listing Services; 4 less sales than last year as shown in the real estate market report for October 2009 The sale price… more