A frequently asked question these days is: How is the market? So what happened in the real estate market in Red Hook during May 2010?
There are many homes on the market in Red Hook, and in May 12 homes were added to the existing inventory, with price ranging from $299,500-$1,495,000. Between the town of Red Hook and the village there were 4 sales ranging from the $217,000-$430,000.
My tip for this month is: If you are thinking of selling your home make sure it is priced right from the start. In this buyer's market this is the single most important factor that could lead to a successful transaction.
Below you will find more detail information about the market.
Single family detached homes in Red Hook NY during May 2010
| Active | 12 | Offer | 2 |
| Average List | $673,858 | Average List | $464,450 |
| Average DOM | 29 | Average DOM | 84 |
| Average SQFT | 2991 | Average SQFT | 2545 |
| Average $/SQFT | $230 | Average $/SQFT | $182 |
| Sold | 3 | ||
| Average List | $346,333 | ||
| Average DOM | 177 | ||
| Average SQFT | 2129 | ||
| Average $/SQFT | $163 | ||
| Average Sold | $330,667 | ||
| Average $/SQFT | $155 |
Homes sold during May 2010 in the town of Red Hook NY
Address Price
| Willow Dr | $217,000 |
| Budds Corner | $345,000 |
| Starbarrack RD | $430,000 |
Single Family detached homes market report for the village of Red Hook NY- May 2010
| Offer | 1 | Contract | 2 |
| Average List | $224,900 | Average List | $344,450 |
| Average DOM | 213 | Average DOM | 56 |
| Average SQFT | 1164 | Average SQFT | 1934 |
| Average $/SQFT | $193 | Average $/SQFT | $178 |
| Sold | 1 | ||
| Average List | $240,000 | ||
| Average DOM | 57 | ||
| Average SQFT | 1458 | ||
| Average $/SQFT | $165 | ||
| Average Sold | $235,000 | ||
| Average $/SQFT | $161 |
Home sold during May 2010 in the Village of Red Hook NY
Address Price
| Cambridge | $240,000 |
The Red Hook community over the last few weeks has participated in some wonderful events promoted by the Red Hook Library Big Read. Still a chance to catch the last major event scheduled for tomorrow June 13th at Clermont State Park.
Copyright © by Jennifer Fivelsdal, all rights reserved-What happened in the real estate market in Red Hook NY during May 2010?
Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com
www.jfivehomes.com or www.midhudsonhomevalue.com
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