Hudson Valley Musing

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Real Estate Market Report for Red Hook NY January 2010

This is the first market report for Red Hook in 2010.  Real estate is one of those things that will always be a part of our world, people get married, have children and relocated; these are just  some of the reasons why there will always be a market.

Are you thinking of selling this spring? now might be a great time to consider putting the house on the market, keep in mind the tax credit ends April 30th and many buyers  hoping to take advantage of this credit are now out shopping.

Can you guess which is one of the most used mortgage product at this time?  It is the FHA, one reason for this it has a lower down-payment.

During Janauary there were 4 sales in the town of Red Hook and 1 in the village of which one was a bank owned property.  It was also noted that 3 of the 5 sales had price about $300,000 here is hoping this trend continues.

 

           Town of Red Hook Market Report January 2010

Active 13 Offer CS 1
Average List $466,769 Average List $239,900
Average DOM 22 Average DOM 109
Average SQFT 2575 Average SQFT 244
Average $/SQFT $181 Average $/SQFT 98
       
       

 

Price Change 1 Sold 4
Average List $310000 Average List $421,158
Average DOM 56 Average DOM 108
Average SQFT 1600 Average SQFT 3037
Average $/SQFT $194 Average $/SQFT $139
    Average Sold $369,958
   Town of Average $/SQFT $122

 

   Town of Red Hook January Sales

Address                                              Price

Route 9G $115,830  (REO)
Elm Street $375,000
Carriage Drive $390,000
Toms Way $599,000

 

 

          Village of Red Hook Market report January 2010

Active 1 Sold 1
Average List $269,000 Average List $249,000
Average DOM 33 Average DOM 182
Average SQFT 850 Average SQFT 1820
Average $/SQFT $316 Average $/SQFT $137
    Average Sold $230,000
    Average $/SQFT $126

Village of Red Hook January 2010 Sales

      Addresss                            Price

Margaret Street $230,000
 

 

 

 

Red Hook Real Estate Market Report - January 2009

 

 Start your search here for homes for sale in the RED Hook NY

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

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**** Informational only; deemed reliable but is not guaranted

Data for report obtained from the Mid Hudson Multiple Listing Service

 

 

 

 

 

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

www.jfivehomes.com or www.midhudsonhomevalue.com

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JFIVE HOMES REALTY LLC