Hudson Valley Musing

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

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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

 

 

 

 

           

Today was the Red Hook Winter Market but I knew I could not linger long because I had a client coming to town and we had a few houses to look at in Red Hook.

I stopped at the market just as it opened and I had only fifteen
minutes to spare. I found the items I wanted and then decided I would
buy an item I had never purchased before. I took up a crusty, bluish
colored vegetable and I thought I was told it was a blue radish.
Since I was in such a rush, I'm not certain. So, tonight I thought I
would look up Blue radish recipes but all I could find was recipes with
radishes but the blue in the recipe was blue cheese.

By the way, my showing appointment went well and my client and I now
have a clearer picture about the type of property that will work for
him.

Before I go can anyone tell me what this really is?

 

 

 

 

 

 

The second 2011 Winter Market in Red Hook is this Saturday December 3, 2011.

Where: Elmendorph Inn in the Village of Red Hook.

Time: 10-2PM

At the market you will be able to purchase meats and produce from local farms,gift items, bakery goods, jams and wine and much more.

This is another opportunity to support local small businesses. </a

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

 

           

Tea at the Elmendorph is this Saturday in Red Hook. This event is hosted by by the Old Dutch Village Garden Club. The response so far has been good and only a few seats remain.

You can secure a spot by calling Kate at: 845-757-5336 reservation is a must.

The cost is $15 and you will have your tea with scones, sandwiches, and other fine desserts while listening to harp music.

When: October 15th

Where: Elmendorph Inn

Time: 1-4 PM

 

Directions 

There is a chance you might even win a door prize.

One reason I love the Hudson Valley is because of the variety of trees.  Come fall you can truly enjoy the vibrant colors.  It is not all fun and games, once these leaves fall then you have to get busy raking.  I personally spend hours raking and throwing the leaves in a compost heap to use on my garden come springtime.   I make the best of this chore by examining the leaves; and this morning while raking,  I came across these red leaves.

There is much to admire in nature even in fallen leaves, and these red leaves sure makes my point.

                                                   Wordless Wednesday Red Leaves

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

Why not start October off with the Crafts of Rhinebeck Fall Festival in Rhinebeck NY.    This craft fair began 24 years ago.  However  the history leading up to that point was a bit more colorful according to information on the Dutchess County Fairground site.

Vendors come from all over the Northeast to participate in this event; and there is a wide variety of wares available.

Here are the major categories available.

 

                      

 Ceramics      Chocolates     Fiber    Fine Art   Glass     Jewelry    Leather     Metal     mixed medium     Photography   Wood   Specialty Products and Gourmet Food   Wineries

 

Location            Dutchess County Fairground - Route 9  Rhinebeck NY 12572

Date & Time      October 1-2, 2011   10AM-5PM

Cost                   $7  put free to under 12 year of age

Contact              845-876-4000

Website               Craftsatrhinebeck.com

 

So I hope you will have fun at the Crafts of Rhinebeck Fall Festival in Rhinebeck this weekend.

 

 

 

The Red Hook Town Hall is an important place in the town of Red Hook, you might not give it much thought but many of the activities there affects daily life.

 Your family is growing so you want to make an addition your home.  You will need to make a visit to the town Hall.  Based on what you want to do you will need to speak with the zoning officer.   Your plans will have to be presented to the planning board before you are issued a building permit.  Depending on where you live your request might have to be reviewed by a Hamlet committee, agriculture committee  and the list goes on.

Okay so you just want to have some fun fishing?  then you would also have to stop at the Red Hook Town Hall to get a permit.

 

 The two scenarios above was just to give you an idea of what goes on at Town Hall.

Here is a list of  services.

• The assessment office.   This is an office many homeowners will call or visit after receiving the newest assessment.  New homeowners visit to inquiry about the STAR program, and real estate agents to do research.

•  Building and Zoning  This department will deal with any sort of construction, permits,  and code enforcement.
• Recreation - Maintain town parks, and plan recreational programs.  Also responsible for posting and enforcing park rules.
• Recyling The recycling center is open year round, however you will need to purchase a permit sticker at the Town Clerk's office in order to use it.
• Town Clerk's office is where town records are kept and where you will get most permits; for example marriage license, fishing and dog licenses.
• Water Department   Test and maintain water supply and bill residents quarterly.

The staff at the Red Hook Town Hall is very helpful, so if you are new to the area and have questions Red Hook Town Hall is a good place to start. 

There are still others services offered, which you can explore on the town's website