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
|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|
|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|
|Town of||Average $/SQFT||$122|
Town of Red Hook January Sales
|Route 9G||$115,830 (REO)|
Village of Red Hook Market report January 2010
|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|
Village of Red Hook January 2010 Sales
Start your search here for homes for sale in the RED Hook NY
**** Informational only; deemed reliable but is not guaranted
Data for report obtained from the Mid Hudson Multiple Listing Service