Red Hook NY Real Estate Report for March 2010
The March real estate inventory for Red Hook NY had properties ranging from $159,000-$1,290,000, with square footage from 1075-4500.
One of the homes, a 3000 square feet farm house was built in 1865 and the 2 most expensive properties were from 2006.
Although only 2 properties sold in Red Hook NY during March, there were 4 properties with accepted offers as well as 1 in contract. This is an indication that the number of sales would likely increase in April and this should be the expectation as the spring selling season get going.
If you are trying to sell your home in Red Hook, keep in mind that the market is still challenging so more than ever it is important to have your home priced right from the start. I am still hearing potential sellers say " This is what I need to net" Keep in mind that the market determines what a buyer will pay for your home not what you think it is worth. Another factor to consider is the the appraisal value seems to me more conservative and a lender will not lend more than the appraised value.
Here is one thing you can do, now that the weather has warmed up, work on the curb appeal.
Town of Red Hook Market Report March 2010
|Average List||$456,642||Average List||$285,642|
|Average DOM||21||Average DOM||7|
|Average SQFT||2500||Average SQFT||2460|
|Average $/SQFT||$183||Average $/SQFT||$116|
|Average List||$288,250||Average List||$346,750|
|Average DOM||124||Average DOM||142|
|Average SQFT||2302||Average SQFT||1702|
|Average $/SQFT||$125||Average $/SQFT||$204|
|Average List||$165,000||Average List||$379,450|
|Average DOM||122||Average DOM||170|
|Average SQFT||1075||Average SQFT||2486|
|Average $/SQFT||$153||Average $/SQFT||$153|
|Average Sold||Average Sold||$350,000|
|Average $/SQFT||Average $/SQFT||$141|
Town of Red Hook March Sales
Village of Red Hook Market report March 2010
***Data for report obtained through the Mid-Hudson MLS and is deemed reliable but is not guaranteed.
Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook NY Real Estate Report for March 2010