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Red Hook Real Estate Market Report For December 2008

Red Hook Real Estate Market Report For December 2008

So, 2008 finally came to an end and I am sure for many it wasn't too soon.  This December we experienced more of an old fashioned winter with ice and snow storms.

The real estate, and financial industries certainly underwent a rather stormy period themselves which has been carried forward to 2009.

There are many lessons that can be learned especially in difficult times.  This was a great time for reflection on such questions as

  1. Do I live within my means?
  2. Could I use this time to improve my job skills?
  3. If I am in a postion to do so, do I extend a helping hand to others?
  4. Will I set a budget and stick with it in 2009?

 Red Hook NY  December Ice Storm

Here is the real estate activities for the month of December compiled from data obtained from the Mid Hudson Multiple Listing services on January 1st, 2009.  It is possible the number of sales could be adjusted due to late reporting.

             Active listing  51

                      Average List Price:  $497,504

                    Days on Market: 167

                    Average Square Feet: 2589

                    Average $ Square Feet: $192

  •           New 1

                    Average List Price: $ 390,000

                    Days on Market: 3

                    Average Square Feet: 2259

                   Average $ Square Feet: $173

  •           Accepted Offer  - Continue Showing 2

                     Average List Price: $ 349,000

                     Days on Market: 321

                     Average Square Feet: 2074

                     Average $ Square Feet: $168

  •             Price Change  1

                     Average List Price: $ 261,963

                     Days on Market: 145

                      Average Square Feet: 1078

                     Average $ Square Feet: $243

  •         Pending 1

                    Average List Price: $ 439,000

                    Days on Market: 643

                    Average Square Feet: 2800

                   Average $ Square Feet: $187

                   

  •         Sold 2

                    Average List Price: $ 394,450

                  Days on Market: 118

                   Average Square Feet: 2263

                   Average $ Square Feet: $ 174

                   Average Sold: $ 375,000

                   Average Sold $ Square Feet: $165

                  Street                        Sale Price

                  Teator Lane               $ 315,000

                  Lore Lane                  $ 435,000    

 

 Village of Red Hook NY Real Estate Market Report November 2008

 

  •           Active listing  6

                    Average List Price: $279,483

                    Days on Market: 40

                    Average Square Feet: 1563

                   Average $ Square Feet: $179

  •           Accepted Offer 1

                   Average List Price: $325,000

                     Days on Market: 5

                     Average Square Feet: 1248

                     Average $ Square Feet: $260

  •           Accepted Offer  - Continue Showing 2

                     Average List Price: $ 279,000

                     Days on Market: 195

                     Average Square Feet: 1221

                     Average $ Square Feet: $229

  •             Extending  1

                     Average List Price: $ 339,000

                     Days on Market: 276

                      Average Square Feet: 1524

                     Average $ Square Feet: $222

  •         Pending 1

                    Average List Price: $ 229,900

                    Days on Market: 126

                    Average Square Feet: 1420

                   Average $ Square Feet: $162

                   

  •         Sold 1

                    Average List Price: $ 239,900

                  Days on Market: 387

                   Average Square Feet: 1260

                   Average $ Square Feet: $ 190

                   Average Sold: $225,000

                   Average Sold $ Square Feet: $179

                  Street                        Sale Price

                  Cambridge Drive              $ 225,000

 

 **** This report only reflects single family detached homes listed in the Multiple Listing service.

 Because this is the final report for 2008 I thought it would be a good idea to hightlight some of my postings from the entire year. So, here is a chance to catch up on news you might have missed.

Market reports

November

January to October

Events

Red Hook Winter Market

Apple Blossom

Blue Berry Picking

Dave Mason at Hardscrabble Day

Dancing on the roof of the Fisher Center

Sellers Information

Preparation for showing on a snow or icy day

 

 

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

www.jfivehomes.com or www.midhudsonhomevalue.com

|subscribe to Blog JFIVE HOMES REALTY LLC

 

 

Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook Real Estate Market Report For December 2008

 

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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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HOW'S THE MARKET? FIND A HOME BUYERS SELLERS BLOG
3 commentsJennifer Fivelsdal • January 02 2009 09:53PM
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