red hook ny market report: Red Hook Real Estate Market Report September 2011 - 10/09/11 11:52 PM
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 … (5 comments)
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red hook ny market report: Red Hook New York Real Estate Market Report for January 2011 - 02/14/11 09:12 AM
The real estate market in Red Hook NY during January was a bit soft. There were only 2 sales, one located in Upper Red Hook and the other in the Carriage Drive development.
If you compare this January to January 2010; in 2010 there were 6 sales between the town and village. The average sales price for January 2011 was $282,500 down from last year when it was $369,958. Last year there was also 1 sale in the village with an average sale price of $230,000.
This has been one of the harshest winters we have seen in a long time … (0 comments)
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red hook ny market report: Red Hook New York Real Estate Market Report for October 2010 - 11/16/10 11:04 PM
In Red Hook New York during the month of October there were 3 homes sold according to the data from the Mid Hudson Multiple listing Services; 4 less sales than last year as shown in the real estate market report for October 2009. The sale price ranged from $185,000-$309,000.
Good to see some movement in the high end portion of the market; there is a property listed at over 1.6 million dollars with an offer and another over 3 million dollars in contract.
The overall inventory level in Red Hook is still high, however, I see some sellers are making price reductions and with low … (7 comments)
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red hook ny market report: Red Hook New York Real Estate Market Report for August 2010 - 09/10/10 09:38 PM
Red Hook New York Real Estate Market Report for August 2010
During August the new listings to the market in Red Hook ranged from $210,000-$2,300,000. Of the 4 homes sold, prices ranged from $118,000-$322,900. The house for $118,000 on Spring Lake Road was a bank owned property.
As you can see, the properties being sold in Red Hook NY are below $400,000. This means that sellers in the higher price ranges will have to be more creative in their marketing. I recently asked the question "What does the end of summer mean to you?" In that blog I outlined some things sellers might do if they want … (8 comments)
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red hook ny market report: What happened in the real estate market in Red Hook NY during May 2010? - 06/12/10 11:28 PM
A frequently asked question these days is: How is the market? So what happened in the real estate market in Red Hook during May 2010?
There are many homes on the market in Red Hook, and in May 12 homes were added to the existing inventory, with price ranging from $299,500-$1,495,000. Between the town of Red Hook and the village there were 4 sales ranging from the $217,000-$430,000.
My tip for this month is: If you are thinking of selling your home make sure it is priced right from the start. In this buyer's market this is the single most important factor … (8 comments)
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red hook ny market report: Red Hook NY Real Estate Report for March 2010 - 04/14/10 09:20 PM
Red Hook NY Real Estate Report for March 2010
The March real estate inventory for Red Hook NY had properties ranging from $159,000-$1,290,000, with square footage from 1075-4500.
One of the homes, a 3000 square feet farm house was built in 1865 and the 2 most expensive properties were from 2006.
Although only 2 properties sold in Red Hook NY during March, there were 4 properties with accepted offers as well as 1 in contract. This is an indication that the number of sales would likely increase in April and this should be the expectation as the spring selling season get going.
If you … (4 comments)
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red hook ny market report: Real Estate Market Report for Red Hook NY January 2010 - 02/06/10 09:48 PM
This is the first market report for Red Hook in 2010. Real estate is one of those things that will always be a part of our world, people get married, have children and relocated; these are just some of the reasons why there will always be a market.
Are you thinking of selling this spring? now might be a great time to consider putting the house on the market, keep in mind the tax credit ends April 30th and many buyers hoping to take advantage of this credit are now out shopping.
Can you guess which is one of the most used … (2 comments)
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red hook ny market report: Red Hook Real Estate Market Report - July 2009 - 08/10/09 06:37 AM
The properties selling in the Red Hook area continues to be mostly in the $200,000 range. Recently the Mid Hudson Multiple listing service provided information on sales by each Dutchess County Town. In Red Hook the number of sales From January - June was slighly higher than same time last year although both median and average price fell.
Town of Red Hook Market Report - July 2009
ACTIVE 68 DOM 164 AVG LIST PRICE $551,740 AVG SQFT 2616 AVG $/SQFT $ 211
OFFERS 1 DOM 37 AVG LIST PRICE $159,900 AVG SQFT 1652 AVG $/SQFT $ 97
OFFERS CS 1 DOM 272 AVG LIST PRICE $319,900 AVG SQFT 2644 AVG $/SQFT $ 121
CONTRACTS 4 DOM … (5 comments)
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red hook ny market report: Red Hook NY Real Estate Market Report for February 2009 - 03/07/09 11:11 PM
Can't believe we are almost through the first quarter of 2009. So how did the real estate in Red Hook NY do during the month of February? At a quick glance in most categories the average list price is lower than they were about a year ago. For comparison here is the February 2008 market report.
RED HOOK REAL ESTATE MARKET REPORT - SINGLE FAMILY HOMES February 2009
Because of the challenging times we are facing some will find it difficult to pay the mortgage, if you find yourself in this position please address the issue immediately. There is help … (11 comments)
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red hook ny market report: Red Hook NY Real Estate Market Report January 2009 - 02/04/09 01:03 AM
Red Hook NY Real Estate Market Report January 2009
During January there were several snow storms as well as icy condition in Red Hook NY. This did not mean that real estate came to a stand still; several new properties came on the market and about 6 others now have accepted offers.
For the month there was just one sale. This 3454 square feet home was assessed $416,000 but sold as a short sale for only $230,000. Such a sale can certainly have an impact on the marketplace, this is a property that will be used by appraiser when doing … (10 comments)
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