Hudson Valley Musing

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Red Hook Real Estate Market Report August 2011

During August 2011 in Red Hook NY 6 homes sold which is 2 more than in August 2010.   Here is the price range of the homes sold:  $247,000-$875,000 with the largest home coming in at over 5000 square feet.

Looking back over last August's report, I asked the question: What does the end of summer mean to you?  I found that the tips for sellers are still relevant today.

With 4 homes having offers in August, plus other offers from previous months outstanding, the market is on track to have as many or more sales in September as in August

  • The average price for the active listing is high because there was one home listed for $2,250,000 otherwise it would be in the 300's
  • The average price for those in contract would be in the high 200's if not for the beautiful historic home from 1733 with a list price of $1,800,000.

Goats in hay wagon

                       Goats playing in a hay wagon at Greig Farm in Red Hook NY

 

Below you will find more details on the market report for August 2011.

 

Single Family detached inventory for Red Hook NY in August 2011

 

Active 6 Offer CS 2
Average List $694,667 Average List $225,000
Average DOM 31 Average DOM 142
Average SQFT 2636 Average SQFT 1393
Average $/SQFT $264 Average $/SQFT $162
       
       

 

Contract 2 Sold 5
Average List $1,347,500 Average List $418,380
Average DOM 104 Average DOM 165
Average SQFT 4163 Average SQFT 2741
Average $/SQFT $324 Average $/SQFT $153
    Average Sold $401,400 
    AverageS/SQFT  $146

  

Homes sold in Red Hook During August

Address Price
Albie $247,000
Trow BLVD $265,000
Edgewood Drive $270,000
Whaleback RD $350,000
Whaleback Road $875,000


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

 

Active 2 Sold 1
Average List $249,900 Average List $289,000
Average DOM 38 Average DOM 63
Average SQFT 2230 Average SQFT 1818
Average $/SQFT $112 Average $/SQFT $159
    Average Sold $268,000
    Average$/SQFT $147 

  

House sold in the Village of Red Hook

ADDRESS PRICE
 Prince Street  $268,000

 

Data for report obtained from the Mid Hudson Mutiple Listing Service

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

Red Hook Home Search

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

www.jfivehomes.com or www.midhudsonhomevalue.com

|subscribe to Blog JFIVE HOMES REALTY LLC

 

Red Hook New York Real Estate Market Report for April 2011

Dogwoods and LilacsIn Red Hook, during the month of April, 4 single family homes sold ranging from $95,000-195,000. Yes, none of the sales were above $200,000 and two of the properties were bank owned.  When compared to the April 2010 market report it seems the market was better then with 6 sales ranging from $163,000 to $459,000.

During the month there were no sales in the village although 2 new properties came on the market.

Also worth noting, 2 million dollar properties were added to the inventory  and that is why the average list price was $596,483.  The highest list price for the month was $1,290,000 and the lowest was $258,000.

So, you have had your Red Hook home on the market for some time and it has not sold. It is natural to blame the real estate agent. However, numbers don't lie, so, you might want to consider this:  From January 1st to April 30th, 12 single family homes and 1 mobile home sold in Red Hook. 6 of the homes sold were under $200,000.  The average sale price was $272,208 only because there was one home sold for $775,000.  The fact is, if your home is down around the $200,000 mark you have a better chance of getting the home sold faster.  If your home is in a higher range your days on market will more than likely be higher.

 Single Family detached inventory for Red Hook NY in April

Active 12 Offer 1
Average List $596,483 Average List $199,999
Average DOM 27 Average DOM 46
Average SQFT 2644 Average SQFT 2016
Average $/SQFT $226 Average $/SQFT $99
       
By J Fivelsdal      

  

Contract 1 Sold 4
Average List $275,000 Average List $171,300
Average DOM 59 Average DOM 133
Average SQFT 1488 Average SQFT 1904
Average $/SQFT $185 Average $/SQFT $82
    Average Sold  $163,750
By J Fivelsdal   Average $/SQFT   $81

 

 

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

ADDRESS PRICE
Linden Ave $ 95,000
Metzger RD $170,000
 Feller Newmark $195,000 
Orlich RD $195,000

  Village of Red Hook

Active 2  
Average List $214,450  
Average DOM 31  
Average SQFT 1378  
Average $/SQFT $156  
     
 By J Fivelsdal    

Other Market Reports

Dutchess County

Rhinebeck

Hyde Park

 

 

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

www.jfivehomes.com or www.midhudsonhomevalue.com

|subscribe to Blog JFIVE HOMES REALTY LLC

 

Red Hook New York And Village of Red Hook NY Real Estate Market Report for July 2010

                                                                       

 Red Hook New York Real Estate Market Report for July 2010                                                         

 July was a bit of a slow month in the real estate market in Dutchess County and the Red Hook area was no exception.

During July the new listings to the market ranged from $179,900-$3,100,000 and of the 4 homes sold, price ranged from $152,00-$310,000.

 Below you will find more detail information about the market. 

 

Single family detached homes in Red Hook NY during July 2010

 

Active  14 Offer  2
Average List  $613,894 Average List  $349,500
Average DOM  23 Average DOM  152
Average SQFT  2368 Average SQFT  2130
Average $/SQFT  $259 Average $/SQFT  $164
       
       

 

Offer CS  3 Contract  1
Average List  $522,167 Average List  $795,000
Average DOM  86 Average DOM  57
Average SQFT  2891 Average SQFT  2688
Average $/SQFT  $181 Average $/SQFT  $296
       
       

 

Sold 4  
Average List $243,050  
Average DOM 96  
Average SQFT 1866  
Average $/SQFT $130  
Average Sold

$226,430

 
 Average S/SQFT  $121  

 

Homes sold during July 2010 in the town of Red Hook NY

Address                                              Price

 

ADDRESS PRICE
Jefferson Road $152,000
Beech St $192,500
Apple Ring Drive $226,430
Metzger Road $310,000
   
   
   

  During July there were no sales in the village of Red Hook.  

 Single Family detached homes market report for the village of Red Hook NY- July 2010

 

Active  5  
Average List $289,580  
Average DOM 28  
Average SQFT 1370  
Average $/SQFT $211  
     
     

 

  Red Hook prides itself on having open space.  Along with that there are many farms in the area.  Some of these Red Hook farms  allow the general public to pick the produce.   At the moment you will see signs to pick apples and raspberries.  This is just one of the many reasons people are attracted to this area.

appples 

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

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

www.jfivehomes.com  or www.midhudsonhomevalue.com

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Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York And Village of Red Hook NY  Real Estate Market Report for July 2010

  

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

www.jfivehomes.com or www.midhudsonhomevalue.com

|subscribe to Blog JFIVE HOMES REALTY LLC