Hudson Valley Musing

During March in Red Hook NY 11 new listings came on the market, 2 of the listings were bank owned and 2 were in an area that has remained stable for some time. The price range on these listings was $84,500-$519,900.

At the end of March one listing in Red Hook went under contract. This home went quickly because it was priced well.

How many homes sold in Red Hook in March? 4 homes sold ranging from $190,000-$610,000, age ranged from 1850-2011, and the average price of the homes sold was $393,750.

How did this March compare to March 2011? Last year there were 2 sales, this year 4. I hope that trend continues.

 

 Single Family detached inventory for Red Hook NY in March 2012

Active	11	Contract	1
Average List	$331,555	Average List	$299,900
Average DOM	23	Average DOM	43
Average SQFT	2111	Average SQFT	2050
Average $/SQFT	$157	Average $/SQFT	$146
By J Fivelsdal

  

Sold	4
Average List	$427,225
Average DOM	142
Average SQFT	2719
Average $/SQFT	$157
Average Sold	$393,750
Average $/SQFT	$145

 

Homes Sold in Red Hook in March 2012

ADDRESS

PRICE

Hapeman Hill	$190,000
Sunrise	$380,000
Carriage Drive	$395,000
Pitcher Lane	$610,000

  In the Village of Red Hook there were 1 new listing, 1 under contract and 1 sold

  Single Family detached inventory for the Village of Red Hook NY in March 2012

Active	1	Contract	1
Average List	$369,000	Average List	$249,000
Average DOM	20	Average DOM	312
Average SQFT	1296	Average SQFT	1536
Average $/SQFT	$285	Average $/SQFT	$162

 

Contract	1
Average List	$179,000
Average DOM	132
Average SQFT	1232
Average $/SQFT	$145
Average Sold	$155,000
Average$/SQFT	$128

 Homes Sold in the Village of Red Hook in March 2012

ADDRESS

PRICE

E. Market Street	$155,000

 Data for report obtained from the Mid Hudson MLS Services
Copyright © by Jennifer Fivelsdal, ll rights reserved-Red Hook Real Estate Report for March 2012

 

Red Hook NY real  estate market

In the month of January in Red Hook NY 3 homes sold, and what a spread in the price range $190,000 - $1,200,000.  The $1,200,00 was a lovely stone house and farm from 1733.  One house went under contract in the month of January, however there were 14 new listings.

Price Breakdown of the new listings

1    $100,000

3    $200,000  1 of the 3 was  a short sale.

2    $300,000

6    $400,000

1    $500,000

1    $600,000

 

Based on market data for the county and the individual towns, most of the homes sold in January fell in the range below $300,000.  What does that mean for you?  If your Red Hook home is priced above this range your days on market will probably be longer, then again there is always an exception to the rule.

If you are thinking of selling I strong recommend you put your house on the market sooner that later.  Before you do take steps to make it show ready.  A real estate agent can give you some suggestions.  I have always enjoyed helping clients get a sense of what changes to make, so that the home is more appealing and will sell for more.

 

Compare Red Hook January 2012 to 2011

 

                         Bard College Science Building  | Town of Red Hook

Red Hook NY Market Report For Single Family homes January 2012

Active	14	Contract	1
Average List	$394,171	Average List	$299,000
Average DOM	27	Average DOM	485
Average SQFT	2483	Average SQFT	1952
Average $/SQFT	$159	Average$/SQFT	$153

 

Sold	3
Average List	$818,167
Average DOM	267
Average SQFT	2474
Average $/SQFT	$331
Average Sold	$603,333
Average$/SQFT	$244

 

Town of Red HookNY - January 2012 Home Sales

ADDRESS

PRICE

West Kerley Corners	$ 190,000
Fair Lane	$ 420,000

West Kerler Coners

$ 1,200,000

There were no sales in the Village of Red Hook in January

 

Village of Red Hook NY Market Report - January 2012

 

Active	1
Average List	$264,900
Average DOM	29
Average SQFT	850
Average $/SQFT	$312

 Data for this report was obtained from the Mid Hudson MLS Services.

Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook Market Report January 2012

The Red Hook real estate market in December 2011 did not sustain the momentum from November when there were 11 single family detached homes sold; instead, only two homes sold.

How did the market fare when compared to 2010?  Well in Red Hook in December 2010  twice the number of homes sold and at a higher price range $201,100-$999,999 versus $249,000 - $350,000.

If you are looking to buy are sell real estate in 2012 make it a goal to choose professional help.   With the challenges presented in the market you need to do now more than ever.

 

Please visit the Bicentennial Website for upcoming events and new videos http://www.redhook200.org/

 

 

 

                  Single Family detached market report for

                           Red Hook NY in December 2011

Active	5	Offer	1
Average List	$406,980	Average List	$349,000
Average DOM	28	Average DOM	213
Average SQFT	2557	Average SQFT	3500
Average $/SQFT	$159	Average $/SQFT	$ 100

 

Contract	2	Sold	2
Average List	$422,000	Average List	299,500
Average DOM	3262	Average DOM	54
Average SQFT	129	Average SQFT	3002
Average $/SQFT	$147	Average $/SQFT	100
		Average Sold	$299,500
		$/SQFT	$100

 

 Red Hook homes sale for December 2011

Address

Price

Manor Road

$249,000

Turkey Hill Road

$350,00

 

 

Single Family detached market report for the

Village of Red Hook NY in December 2011

Offer CS	1	Contract	1
Average List	$289,000	Average List	$259,000
Average DOM	20	Average Dom	93
Average SQFT	1542	Average SQFT	1592
Average $/SQFT	$187	Average $/SQFT	$163

  Data to compile report came from the Mid Hudson MLS Services

Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook  Real Estate  Market Report For December 2011

 

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

www.jfivehomes.com or www.midhudsonhomevalue.com

|subscribe to Blog

 

Red Hook NY market report

 

Before getting into the market trends in Red Hook for November, I just wanted to let you know Red Hook is having a Bicentennial celebration in 2012.  The kickoff was in September, as you will see in the video below.  During Hardscrabble day much oral history was video taped and will be shared on the Bicentennial website Red Hook 200, check back regularly for new videos and updates on events.

So, how was the Red Hook real estate market in November?  I am happy to inform you that it was a good month.  Between the town and village there were 11 sales.  8 of the 11 were under $300,000 which is very much in line with the rest of the county.  The most expensive home was listed at over $2,000,000 and sold for $1,800,000, a home with spectacular views of the Hudson River.  The million dollar sale made the average sale price come in over $400,000 and if you take it out of the equation the average would be under $300,000.

This November in Red Hook 7 more homes sold than last November and at that time the most expensive home sold was $3,000,000.

 

Other trends in the maket

• More homes listed for sales are also listed for rent because days on market is much longer for homes over $300,000.
• I noticed more deep reduction for homes in the higher price ranges, the intent being to pique more interest.

 

Below, you will find the more detailed report

 

Single Family detached market report for Red Hook NY in November 2011

Active	3	Offer	1
Average List	$679,667	Average List	$385,000
Average DOM	27	Average DOM	72
Average SQFT	30762606	Average SQFT	2606
Average $/SQFT	$261	Average $/SQFT	$ 113

 

Offer CS	1	Contract	8
Average List	$459,000	Average List	$528,975
Average DOM	223	Average DOM	150
Average SQFT	3400	Average SQFT	2667
Average $/SQFT	$147	Average $/SQFT	$121
		Average Sold	$439,250
		$/SQFT	$165

 

 

Address

Price

Spring Lake Road

$132,500

Rokeby

$163,000

Rokeby

$168,000

Linden Ave

$193,000

Trow Blvd

$285,000

Route 199

$360,000

Elm Street

$412,500

Woods RD

$1,800,000

 

Single Family detached Market Report for the Village of Red Hook NY

in  November2011

 

Active	2	Sold	3
Average List	$334,000	Average List	$261,300
Average DOM	31	Average DOM	136
Average SQFT	3000	Average SQFT	1190
Average $/SQFT	$111	Average $/SQFT	$220
		Average Sold	258,333
		Average Sold $/SQFT	$217

 

 

Address

Price

Fraleigh St

$190,000

Church St

$235,000

West Market ST

$350,000

 

 

 

 

 

Click to see Red Hook Reports from January - September

 

Data used to compile this report came from the Mid Hudson Multiple Listing Services and represent only homes listed on the MLS. Deemed reliable but not guaranteed

copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook Real Estate Market Report For Novemver 2011

 

 

 

 

Red Hook NY Market Report

There were two homes sold in Red Hook during October, one was a farmhouse built in 1860 and the other a home built in 2003.  In October 2010 there were three sales ,and in 2009 seven.

Between the town and village of Red Hook nine homes came on the market in October.  The most expensive home was listed at $1,775,000, a large farm with a farmhouse from 1790.

There are a variety of homes available in Red Hook, both new and old.

Is there still time to get your Red Hook home sold this year? Yes, that is if you can get into contract right now.

In the last couple of weeks I have noticed more buyers are out shopping with some hoping to close on a house by the end of the year.

What can a seller do? Revisit your price. That is the major factor today's consumers are considering.

 

                        The October surprise in Red Hook - Snow

 

Single Family detached market report for Red Hook NY in October 2011

Active	6	Offer	1
Average List	$702,967	Average List	$195,500
Average DOM	18	Average DOM	461
Average SQFT	3076	Average SQFT	1200
Average $/SQFT	$229	Average $/SQFT	$ 163

 

Offer CS	1	Contract	1
Average List	$350,000	Average List	$299,901
Average DOM	52	Average DOM	99
Average SQFT	3500	Average SQFT	2484
Average $/SQFT	$100	Average $/SQFT	$121

 

Sold	1
Average List	$565,000
Average DOM	81
Average SQFT	1611
Average $/SQFT	$351
Average Sold	$535,000
Average Sold    $/SQFT	$332

 

Address

Price

Lasher

$535,000

 

Single Family detached Market Report for the Village of Red Hook NY

in October 2011

 

Active	3	Contract	2
Average List	$225,667	Average List	$217,000
Average DOM	23	Average DOM	98
Average SQFT	1543	Average SQFT	997
Average $/SQFT	$146	Average $/SQFT	$218

 

Sold	1
Average List	$399,000
Average DOM	86
Average SQFT	2310
Average $/SQFT	$173
Average Sold	$350,000
Average Sold $/SQFT	$152

 

 

 

Address

Price

Bird Street

$350,000

 

 

 

Click to see Red Hook Reports from January - September

 

Data used to compile this report came from the Mid Hudson Multiple Listing Services and represent only homes listed on the MLS. Deemed reliable but not guaranteed

copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook Real Estate Market Report September 2011

 

During September  5 homes sold in Red Hook New York.  The highest sale price was $1,321,100 a farm with over 200 acres. 

With this farm the average sale price came in at $453,280; without the farm the average sale would be $236,326.

How does this September Red Hook sales compare to last year? In September 2010 there were 7 sales, 2 more than this year.

Between the town and village there were 5 properties  in contract and 3 with offers which could lead to similar sales come October.

 

 

 

             

Fall Leaves on Pitcher Lane Red Hook NY 2010

Single Family detached market report for Red Hook NY in September 2011

 

Active	10	Contract	4
Average List	$525,860	Average List	$341,125
Average DOM	22	Average DOM	233
Average SQFT	2737	Average SQFT	2009
Average $/SQFT	$203	Average $/SQFT	$170

 

Sold	5
Average List	$496,300
Average DOM	252
Average SQFT	1652
Average $/SQFT	$300
Average Sold	453,280
Average $/SQFT	$274

  

Homes sold in Red Hook During September 2011

Address

Price

Norton Road

$   150,000

Jefferson

$   171,500

Annandale Road

$   260,000

Williams Road

$   363,800

Whaleback Road

$ 1,321,100

Single Family detached Market Report for the Village of Red Hook NY

                                            in September2011

 

Active	1	Offer	1
Average List	$269,900	Average List	$185,000
Average DOM	31	Average DOM	29
Average SQFT	1592	Average SQFT	914
Average $/SQFT	$170	Average $/SQFT	$202

 

Offer CS	2	Contract	1
Average List	$299,450	Average List	$399,000
Average DOM	192	Average DOM	86
Average SQFT	1328	Average SQFT	2310
Average $/SQFT	$226	Average $/SQFT	$173

Click to see Red Hook Reports from January - August

 

 Data used to compile this report came from the Mid Hudson Multiple Listing Services and represent only homes listed on the MLS.  Deemed reliable but not guaranteed

copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook Real Estate Market Report September 2011

The Red Hook real estate market for July showed 5 homes sold in the town and 1 in the village, an improvement of 2 sales over July 2010.  It was also noted that the  average sale price this year was $382,700 much higher than the $226,000 last year.

It is good to see some activity in the price ranges that were seeing little activity.  There was a sale in the 400's and another in the 600's.  Of the 6 homes sold 5 had price reductions before getting an offer and the average days on market was 137.

Included in homes with contracts or offers is a historically interesting house from 1733 listed for almost 2 million dollars and another more modern home for over $800,000.

Below you will find a more detailed report.

 

Single Family detached inventory for Red Hook NY in July

  

Active	15	New	2
Average List	$593,487	Average List	$442,450
Average DOM	23	Average DOM	7
Average SQFT	2982	Average SQFT	2870
Average $/SQFT	$199	Average $/SQFT	$154

 

Offer	2	Offer CS	2
Average List	$1,347,500	Average List	$339,450
Average DOM	104	Average DOM	218
Average SQFT	4163	Average SQFT	3150
Average $/SQFT	$324	Average $/SQFT	$108

 

Price Change	3	Extended	3
Average List	$1,297,833	Average List	$328,663
Average DOM	362	Average DOM	86
Average SQFT	3841	Average SQFT	1860
Average $/SQFT	$338	Average $/SQFT	$177

 

Sold	5
Average List	$402,160
Average DOM	137
Average SQFT	2662
Average $/SQFT	$151
Average Sold	$382,700
Average Sold $/SQFT	$144

 Homes sold in Red Hook During July

Address

Price

Vosburgh

$218,500

Apple Ring

$285,000

Metzger Rd

$288,000

Barrytown

$447,000

Hapeman Hill

$675,000

Single Family detached inventory for the Village of Red Hook NY in July

 

Active	2	Contract	1
Average List	$259,500	Average List	$289,000
Average DOM	20	Average DOM	63
Average SQFT	1025	Average SQFT	1818
Average $/SQFT	$253	Average $/SQFT	$159

 

Sold	1
Average List	$289,000
Average DOM	271
Average SQFT	2460
Average $/SQFT	$117
Average Sold	$285,000
Average Sold $/SQFT	$116

 

 House sold in the Village of Red Hook

ADDRESS

PRICE

Church Street Ext	$285,000

Data for report obtained from the Mid Hudson Mutiple Listing Service

copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York  Real Estate Market Report for - July 2011

The real estate market for Red Hook during June 2011 showed 2 sales; one in the $200's and the other in           the $600's.  In the coming months more homes will sell since 6 properties have offers and 5 others are in contract.

The age range of the 15 active listings during the month ranged from 1820-2011, and priced from $199,900-$2,279,000.

When compared to same time last year, the Red Hook real estate market for June 2010 showed 11 homes sold between the town and village a big contrast to only 2 this year.

Single Family detached inventory for Red Hook NY in June

 

Active	15	Offer	1
Average List	$552,433	Average List	$198,500
Average DOM	28	Average DOM	38
Average SQFT	2591	Average SQFT	1008
Average $/SQFT	$213	Average $/SQFT	$197

 

Offer CS	5	Contract	4
Average List	$341,980	Average List	$391,675
Average DOM	134	Average DOM	75
Average SQFT	2107	Average SQFT	2637
Average $/SQFT	$162	Average $/SQFT	$149

Sold	2
Average List	$446,377
Average DOM	71
Average SQFT	1979
Average $/SQFT	$226
Average Sold	$435,500
Average $/SQFT	$220

 

Homes sold during June 2011 in the town of Red Hook NY

ADDRESS                             PRICE

Grandmour

$236,000

Lavender Ridge Road

$635,000

 

 

Village of Red Hook June 2011 For Single Family Homes

Active	3	Contract	1
Average List	$329,300	Average List	$289,000
Average DOM	26	Average DOM	271
Average SQFT	1867	Average SQFT	2460
Average $/SQFT	$176	Average $/SQFT	$117

Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York  Real Estate Market Report for June 2011

 

In Red Hook, during the month of May, 1 single family home sold; and unlike last month the average sale price was above $200,000.  So, how did this May compare to last May?  The market last year was stronger; there were 4 sales ranging from $217,000-430,000.

The tip I gave back then is still relevant so I will repeat it. 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.

Single Family detached inventory for Red Hook NY in May

 

Active	11	New	1
Average List	$418,709	Average List	$339,000
Average DOM	24	Average DOM	7
Average SQFT	2597	Average SQFT	2022
Average $/SQFT	$161	Average $/SQFT	$168

Offer	3	Offer CS	1
Average List	$273,518	Average List	$675,000
Average DOM	94	Average DOM	20
Average SQFT	1951	Average SQFT	3029
Average $/SQFT	$140	Average $/SQFT	$223

Contract	2	Sold	1
Average List	$502,000	Average List	$289,900
Average DOM	295	Average DOM	121
Average SQFT	2867	Average SQFT	2400
Average $/SQFT	$175	Average $/SQFT	$121
		Average Sold	$253,500
		Average $/SQFT	$106

 

Homes sold during May 2011 in the town of Red Hook NY

 

ADDRESS

PRICE

RoKeby

$253,500

 

Village of Red Hook May 2011 For Single Family Homes

Active	5	Offer	1
Average List	$319,180	Average List	$239,900
Average DOM	23	Average DOM	57
Average SQFT	1727	Average SQFT	1524
Average $/SQFT	$185	Average $/SQFT	$157

Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York  Real Estate Market Report for May 2011

During February only 1 single family home sold in Red Hook, 1 less than in January; but how did this February compare to last year?

In the market report for February 2010 I mentioned I was frequently asked about the market condition, this has not changed and I am always delighted to provide the information. There were 4 properties sold in Red Hook in February 2010, and 3 of them were bank owned properties.  The average sale price then was $182,125   The tax credit was also still in effect.  When looking at how the market is doing you also need to take into consideration other factors that have both positive and negative effect such as, layoffs, tax credits, lower interest rates to name a few.

 If you are looking to buy a Red Hook home there are over 60 homes on the market ranging from the 100's to over a million dollars.

Below you will find the detail report for February 2011

 

 Single Family detached inventory for Red Hook NY in February

Active	6	Offer	3
Average List	$470,800	Average List	$281400
Average DOM	22	Average DOM	182
Average SQFT	2442	Average SQFT	2304
Average $/SQFT	$193	Average $/SQFT	$122
By J Fivelsdal

  

Contract	1	Sold	1
Average List	$469,000	Average List	$249,999
Average DOM	97	Average DOM	301
Average SQFT	2214	Average SQFT	1404
Average $/SQFT	$212	Average $/SQFT	$178
		Average Sold	$225000
BY J Fivelsal		Average $/SQFT	$160

Homes sold during February 2011 in the town of Red Hook NY

ADDRESS

PRICE

Willard	$249,999
BY J Fivelsdal

  Village of Red Hook

Active	2
Average List	$292,450
Average DOM	20
Average SQFT	1268
Average $/SQFT	$231
By J Fivelsdal

 

Data for report obtained from Mid Hudson Multiple listing Services.  Deemed reliable but not guaranteed

 Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York  Real Estate Market Report for February 2011