red hook real estate: Red Hook Real Estate Market Update For April 2012 - 05/21/12 05:05 AM
In April 2012 2 single family detached homes closed in Red Hook; that was 2 less than in 2011. In 2011 the homes sold where all under $200,000 and this year the 2 homes sold were in the $300,000 price range.
During the month there were 12 new listings ranging in price from $179,900 to $1,895,000. with the smallest house coming in at 864 square feet and the largest at 4838 square feet.
It was also noted that both homes sold had several price reduction before selling. A reminder to sellers to keep an eye on the market data and to make price … (8 comments)
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red hook real estate: Red Hook Real Estate Report For February 2012 - 03/09/12 08:47 AM
Red Hook NY real estate
During February 2012 in Red Hook 6 new single family listings came on the market. Of the 6 homes 3 were under $300,000 and the other 3 over $400,000. The age of the homes ranged from 1900-2006 with square footage from 1400-4454. The most expensive house was also the largest and newest home; a beautiful executive home minutes from the Village of Red Hook.
It is worth noting that the 2 homes under contract were both listed over $300,000 which is a good indication there is more activity in the more expensive homes.
This was was … (3 comments)
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red hook real estate: Red Hook Market Report January 2012 - 02/13/12 10:17 AM
Red Hook NY real estate market
In the month of January in Red Hook NY 3 homes sold, and what a spread in the price range $190,000 - $1,200,000. The $1,200,00 was a lovely stone house and farm from 1733. One house went under contract in the month of January, however there were 14 new listings.
Price Breakdown of the new listings
1 $100,000
3 $200,000 1 of the 3 was a short sale.
2 $300,000
6 $400,000
1 $500,000
1 $600,000
Based on market data for the county and the individual towns, most of the homes sold in January … (4 comments)
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red hook real estate: Red Hook Real Estate Market Report For November 2011 - 12/11/11 08:58 PM
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 … (7 comments)
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red hook real estate: Red Hook Real Estate Market Report October 2011 - 11/14/11 08:52 AM
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 … (5 comments)
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red hook real estate: 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 real estate: Red Hook Real Estate Market Report August 2011 - 09/14/11 10:06 PM
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 … (6 comments)
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red hook real estate: Red Hook NY Real Estate Market Report - December 2009 - 01/09/10 11:38 PM
This is the last report for 2009 and what a year it was. The December market report for Red Hook NY showed 8 sales during the month; 6 in the town and 2 in the village. Most of the activity was in the lower price range just like in the rest of Dutchess County.
As of today there are 62 active listing, most of which were carried forward from 2009. If your home is on the market or you are thinking of listing your home it is important that it is priced correctly.
A frequently asked question is "Is anything selling? as … (1 comments)
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red hook real estate: Red Hook NY Real Estate Market Report - November 2009 - 12/09/09 11:10 PM
RED HOOK NY REAL ESTATE MARKET REPORT - NOVEMBER 2009
In the month of November 4 single family detached homes closed in Red Hook New York, this was 2 more than last year same time, however 3 less than last month.
Properties sold this month were in a lower range than last month, with sale price ranging from $150,000 - $400,000 while last month the range was: $187,000-$745,000
So here is the breakdown of the November real estate market in the town of Red Hook, and the village of Red Hook.
DOM AVG LIST PRICE AVG SQFT AVG $/SQFT
ACTIVE 4 21 $426,975 … (2 comments)
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red hook real estate: 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 real estate: Red Hook Real Estate Market Report - June 2009 - 07/10/09 10:42 PM
According to a recent New York Times article the Hudson Valley is once again the place for some from New York City to buy their first home. The buyers are purchasing homes under $400,000. Reviewing the Red Hook real estate market report I noticed there were over 40 properties in the price range below $400,000, so to all you potential buyers Red Hook would be a perfect destination.
Last month I gave sellers some advice as to how to gain a competitive edge, it really comes down to pricing.
Don't price your property out of the market Pay … (13 comments)
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red hook real estate: 28 North Drive Red Hook NY Home For Sale - 07/05/09 11:59 AM
This beautiful colonial has custom features throughout and is perfect for entertaining. On the first floor you will find wood flooring, 9' ceilings and lots of windows that fill the entire space with light. In the living room can be found a brick fireplace. There is a gourmet kitchen with granite counters, Viking professional range and a Thermador wall oven, and the breakfast nook has a lovely tin ceiling. From the breakfast nook, step through the french doors to a large sun room- a great place to relax this summer.
There are double staircases to access the second … (9 comments)
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red hook real estate: Red Hook Real Estate Market Report - May 2009 - 06/11/09 03:59 PM
During the month of May the Town of Red Hook and The villages of Red Hook and Tivoli had combined sales of 4.
The sale price ranged from $195,000-$470,000 and active listings from $75,000-$2,500,000.
So, what can sellers do to to gain a competitive edge?
Make sure that your property is priced right Improve your curb appeal . Offer a Home Warranty Price , Price, Price Buyers it's time to act!
Only about 6 months left for you to take advantage of the $8000 tax credit -you have to close on a property by November 30th. Large inventory with the majority having … (5 comments)
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red hook real estate: 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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red hook real estate: Red Hook NY Real Estate Market Report November 2008 - 12/05/08 09:39 PM
After reviewing the sales trend over several months I predicted a large inventory would be carried forward to 2009. This month there were only two sales of single family detached homes and 3 offers.
Mortgage price has dropped, so has the price on many properties. There is talk of some intervention to bring mortgage price even lower but only time will tell. This month because of the lower rates many are using the opportunity to refinance to get a better rate or to get some equity out of their home to help them through this challeging time.
Here is the … (8 comments)
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red hook real estate: Red Hook NY Real Estate Market Report October 2008 - 11/04/08 10:52 PM
Red Hook NY Real Estate Market Report October 2008
Last month I pointed out that the real estate inventory in Red Hook was high. Sadly it is still high with an inventory of 81 and one sale, that's right 1 sale.
The only point I am going to make this month is: If you really want to sell you will need to reduce your price. Here is the breakdown for October.
****Data for this report obtained from the MidHudson MLS System.
PREVIOUS MARKET REPORTS
September
August
July
June
May
April
March
February
January
Jennifer Fivelsdal - JFIVE HOMES REALTY LLC … (17 comments)
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red hook real estate: Red Hook NY Real Estate Market Report September 2008 - 10/03/08 02:18 PM
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With less than 3 months until the end of the year Red Hook sellers have much to ponder. At this moment there are 79 homes available for sale in the town, and 5 in the village. In 2007 63 homes sold in the town and 3 in the village. To date only 37 homes have sold, therefore to match last year's numbers 29 homes would have to be sold in less than 3 months. Even if this was achieved there would still be a year's worth of inventory left over.
I won't kid you, this has been a challenging year for many. Who … (3 comments)
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red hook real estate: Red Hook Real Estate Market Report - August 2008 - 09/06/08 08:27 PM
There are about 86 homes available between the town and village of Red Hook. For the month of August only 6 properties closed. I hardly think I need to say that the inventory is high and some of these will not be sold this year.
What can a seller do to have a competitive edge?
Make sure property is priced right. With the assistance of a real estate agent see how recent sales compare to your home. Be very flexible with access. Remember inventory is high so if a buyer can't get reasonable access he or she will move … (7 comments)
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red hook real estate: Red Hook Real Estate Market Report For May 2008 - 06/06/08 07:01 PM
Red Hook Real Estate
Red Hook continues to have a large amount of homes for sale. From the report below there is an indication that next month's unit sales could triple based on listings now in contract.
It is important to have your property priced right to be competitive. I have also noticed that more incentives are being offered to buyers; some are sellers paying down mortgage points for buyers, a free tank of heating oil, and holding part of the mortgage to name a few.
TOWN OF RED HOOK REAL ESTATE REPORT FOR MAY 2008
The Avg List: … (12 comments)
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red hook real estate: Red Hook Real estate Market Report 3/1-3/31/08 - 04/01/08 12:03 AM
Red Hook Real Estate
During the period 3/1/08-3/31/08 there were:
55 Active Listing
Here is the breakdown:
0-99,000 - 2
200,000-299,000 - 17
300,000-399,000 - 11
400,000-499,000 - 9
500,000-599,0 00 -3
600,000-699,000 - 2
700,000-799,000 - 4
800,000-899,000 - 2
900,000-999,000 - 2
1 million+ - 3
6 New
0-99 ,000- 1 300,000-399,000 - 3 400,000-499,000 - 1 900,000-999,000 - 1
5 Accepted offers
200,000-299,000 - 3 300,000-399,000 - 1 500,000-599,000 - 1
2 Extended
400,000-499,000 - 1 700,000-799,000 - 1
4 Sold
100,000-199,000 - 2 400,000-499,000 - 1 500.000-599,000 - 1
The highest listed property was listed at $4,018,900
The lowest listed property was … (4 comments)
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