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Hudson Valley Musing

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Real estate market in Red Hook during June 2014

Red Hook NY 12571 real estate

The real estate market in Red Hook NY is still a buyer's market.   To put it simple, there is more inventory than available buyers.   With this conditions buyers are looking at many homes before making a buying decision.

What does this mean for a Red Hook home Seller? Buyers expect more so if you home need updating it would be best to have this done before listing the home.  Most of today's buyers are not interesting in buying a home they will have to fix up, they want to move in and for less.

Selling a home can be challenging but doable, pricing it right and having a home that shows well will make the property competitive.

Real estate market in Red Hook during June 2014

 

How was the Red Hook real estate market in June 2014?

There were 2 less sales this June when compared to last year, however more expensive homes sold.  It was also noted thar the domes were on the market for 60 more days than in 2013.

In the village of Red Hook there was 1 sale which was 1 more than last year.

Town of Red Hook home sales comparison - June

 Categories                        2013                          2014

Average list price                    $ 323,538                       $ 400,667

Average sale price                   $ 308862                       $ 381,625

Units of sale                                              8                                     6

DOM                                                       110                                170

Price range                       $163,500-$596,000      $206,000-760,000

Village of Red Hook home sales

Average list price                            -                                 $ 290,000

Average sale price                           -                                 $ 288,500

Units of sale                                     -                                                  1

DOM                                                  -                                             433

Price range                                       -                                  $ 288,500

Current Red Hook homes for sale

Click the button below to see the current Red Hook inventoy of  homes for sale.

homes4salebutton2 How was the Red Hook real estate market in June?

Would you like to see a more detailed report and view some helpful links?  Then visit

How was the Red Hook real estate market in June 2014?

 

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  162 Deer Run Road, Red Hook NY 12571| 845-758-6842

  Jennifer Fivelsdal  |   Real Estate Broker  |  jennifer@jfivehomes.com  www.jfivehomes.com  or  www.midhudsonhomevalue.com

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HOW'S THE MARKET? FIND A HOME BUYERS SELLERS BLOG
6 commentsJennifer Fivelsdal • July 25 2014 08:57AM
Real estate market in Red Hook during June 2014
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