The real estate market in Red Hook NY during January was a bit soft. There were only 2 sales, one located in Upper Red Hook and the other in the Carriage Drive development.
If you compare this January to January 2010; in 2010 there were 6 sales between the town and village. The average sales price for January 2011 was $282,500 down from last year when it was $369,958. Last year there was also 1 sale in the village with an average sale price of $230,000.
This has been one of the harshest winters we have seen in a long time and it has had an effect on real estate activities; many cancelled appointments and rescheduled open houses. Let's hope we will have a great spring season.
I know many are planning to put their homes on the market come spring. Now is the time to get the interior of your home in shape. Have you considered staging?
If your home has been on the market for a while with no showings or offers it might be a good time to consider a price reduction.
Below you will find the breakdown for the Red Hook market report for January 20
Single Family detached inventory for Red Hook NY
| Active | 8 | Offer | 1 |
| Average List | $475,000 | Average List | $369,000 |
| Average DOM | 22 | Average DOM | 143 |
| Average SQFT | 2306 | Average SQFT | 5418 |
| Average $/SQFT | $206 | Average $/SQFT | $68 |
| Contract | 2 | Sold | 2 |
| Average List | $329,000 | Average List | $306,956 |
| Average DOM | 284 | Average DOM | 99 |
| Average SQFT | 2003 | Average SQFT | 2262 |
| Average $/SQFT | $164 | Average $/SQFT | $136 |
| Average Sold | $282,500 | ||
| Average $/SQFT | $125 |
Homes sold during January 2011 in the town of Red Hook NY
| ADDRESS | PRICE |
| Spencer | $240,000 |
| Carriage DR | $325,000 |
Village of Red Hook
| Active | 2 | Offer | 1 |
| Average List | $259,450 | Average List | $259,000 |
| Average DOM | 26 | Average DOM | 93 |
| Average SQFT | 1333 | Average SQFT | 1800 |
| Average $/SQFT | $195 | Average $/SQFT | $144 |
| Offer CS | 1 | ||
| Average List | $209,000 | ||
| Average DOM | 209 | ||
| Average SQFT | 1232 | ||
| Average $/SQFT | $170 | ||
January 2010 real estate market report for Red Hook NY
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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 January 2011
Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com
www.jfivehomes.com or www.midhudsonhomevalue.com
ome is on the market or you are thinking of listing your home it is important that it is