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| Cell 845-594-9947

  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
Comment balloon 9 commentsJennifer Fivelsdal • July 25 2014 08:57AM

Comments

Great Red Hook Market information Jennifer. 

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) almost 4 years ago

That picture kind of has a speakeasy vibe to me. I dig it!

Posted by Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher (Feng Shui Manhattan Long Island) almost 4 years ago

Good morning Jennifer. Hard to believe that the number of days on the market had increased so much, but great to see the value increase the way it did.

Make it a great weekend!

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) almost 4 years ago

Good morning, Jennifer..... buyers would be wise to take advantage of that marketing in Red Hook.... once it becomes a sellers market, those buyers will be paying top dollar for a home....now it the ideal time to buy in Red Hook...

Posted by Barbara Todaro, "Franklin MA Homes" (RE/MAX Executive Realty ) almost 4 years ago

Jennifer, Nice overview of the market. The days on the market still seem extended so I hope that will shrink over the coming months.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) over 3 years ago

Jennifer, I don't see enough on the home menu to reach any REAL conclusions about the Village & Town of Red Hook however the Halfway Diner looks like a great place for a cheese omelette while pondering the statistics.

Posted by Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty) over 3 years ago

Jennifer our market in most parts of Connecticut is also a Buyers Market much like Red Hook.  We are starting to see some change in a few towns, but not enough to say things are turning around.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 3 years ago

Families on the move will certainly appreciate your local market reports.

Make this your most productive summer.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 3 years ago

Good Morning Jennifer

Thanks for the post. Glad to see average sales price is up. That is an excellent shot of the diner. Thanks for sharing. Have a great week

Posted by Patrick White, Driven to bring New Yorkers home (Home Driven Realty, Inc) over 3 years ago

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