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

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Comments

Jennifer,

I'm sure the market get through whatever mountain. :)

Posted by Laura Cerrano and Carole Provenzale Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City/Feng Shui Manhattan ) 8 months ago

A very nicely presented report and I love the photo.  I like the way you point out that one sale may skew the statistics... I hope the market is better this year than last as we come into the fall selling season.

Posted by Joan Whitebook Southern New Hampshire (BHG The Masiello Group) 8 months ago

Wow, it looks like there is a huge variation in the price of homes in Red Hook.  I would love to take a peek at the $2M home.  Nice report!

Posted by Lisa Dunham, REALTOR®, MBA, CDPE, ABR, Alexandria VA Real Estate, Short Sales (Allison James Estates & Homes) 8 months ago

Hi Jennifer,
I like your market report, it's very informative and easy to understand.
Keep up the good work!

Posted by Wandanna Melliphant - Specializes In Helping Mississauga First Time Buyers (Royal Lepage Credit Valley Real Estate Brokerage) 8 months ago

Jennifer:  Red Hook looks like a lovely area and including pictures of the area gives your readers a good idea of the lifestyle there.   

Posted by Jane Grant, "Temecula Homes", Southwest Real Estate 8 months ago

Laura it will.  We just have to keep positive, change is a sure thing :)

Joan as you will know I love incorporating photos I take while I am up and about.  I thought it was important for readers to understand why the average seem high.

Lisa beautiful house with Hudson River Views.

Wandanna thank you.  With such encouragement, I will :)

Jane it is a beautiful area.   I use lots of photos because that is what I like to see too.

Posted by Jennifer Fivelsdal Rhinebeck Real Estate (Serving Dutchess| Columbia|Ulster Ctys (LIC. R.E. Broker JFIVE Home Realty LLC ) 8 months ago

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