Hudson Valley Musing

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

 

 

 

 

 

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.

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.

 

 

Will you be at Hardscrabble Day on Saturday September 24th in Red Hook NY? Yes this is an annual celebration in Red Hook, a day when the community come out to have fun.

This year will be extra special because it will also serve as kickoff of the Red Hook Bicentennial celebration to be commemorated in 2012. So don't be surprised if you get asked on video what makes living in Red Hook special.

There will be something for all age groups, and the main musical attraction will be Robert Randolph and the Family Band.

I could list the events put the Hardscrabble committee did a fantastic job in putting the program together so click here for all the details on activities for the day

 

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 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

 

In just a few days students in the Red Hook School District will be heading back to school.  This would be a good time to look over the School Calendar and note important days such as open house and school closing.

It is also a good time to take note of changes  to the school bus schedule.  Because of hurricane Irene, modification was made to the following routes due to road and bridge closures.

• Linden Avenue Middle School and Red Hook school bus routes  13,14.15 and 19
• Mill Road School bus routes 3,6, 15 and 16

If your child is on one of these bus routes you should  contact the transportation department at 845-758-2241 ext. 3262 for updates.  Keep in mind that information regarding transportation is not posted on the School District website for security reasons.

So students when you head back to school on September 7th make it a great school year.

                                                                               Red Hook High School

                                                                      Linden Avenue Middle School

                                                                          Mill Road Elementary School

Copyright © by Jennifer Fivelsdal, all rights reserved-Back To School: Red Hook NY School Calendar

 

 

You can participate in an art celebration in Red Hook August 19-21.  This event is hosted by the Red Hook Community Arts Network.  Yes Red Hook is home to many artists, and they are an important part of making the Red Hook Community an interesting one. 

The celebration will be at the Old Soap Factory which has been renovated in to a special space for exhibition of visual arts, theatre and musical performances, crafts and much more.  This space will be known as the EMPORIUM.

                                                  Old Soap Factory now renamed The Emporium

                                                     7392 South Broadway, Red Hook NY 12571

Event

August 19-21

Friday August 19 4:00 PM - 8:00 PM

Saturday August 20  1:00 PM - 8:00 PM

Sunday August 21 1:00 PM - 5:00 PM

For more  information go toredhookcan@gmail.com

So three opportunities to come out and celebrate the arts in Red Hook, support out local artists.