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Red Hook New York Real Estate Market Report for November 2010

By
Real Estate Broker/Owner with JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 10491201242

 

 Red Hook New York  Real Estate Market Report for November 2010

 In Just a few weeks 2010 will be a mere history.  It was interesting looking back at the Red Hook marketParliment of Reality report for November 2009. There were actually the same number of sales (4) but that was where the comparison ended.  The range of the homes sold in November 2009 was $150,000-$400,000 with an average sale price of $236,500.  Fast forward a year and the number of homes sold in Red Hook NY in November 2010 was also 4 with price ranging from $362,300-$2,900,000 with an average sale of price of $1,071,825 because of the home  that sold for almost $3,000,000.

It is good to see some of the million dollars homes selling and next month there will be another in the sold column since a home listed for $1,199,000 is now in contract.

There were no homes sales recorded in the Mid Hudson Multiple Listings for the Village of Red Hook during November.

If you are looking for a home in Red Hook there are a variety of homes listed for sale.

Active  9 Offer  1
Average List  $503,056 Average List  $205,900
Average DOM  23 Average DOM  49
Average SQFT  2576 Average SQFT  2010
Average $/SQFT  $195 Average $/SQFT  $102
       
       

  

Offer CS  1 Contract  1
Average List $650,000 Average List $1,199,000
Average DOM  233 Average DOM  108
Average SQFT 2900 Average SQFT  3537
Average $/SQFT $224 Average $/SQFT $339
     
     

    

Sold  4  
Average List  $1,146,500  
Average DOM  97  
Average SQFT  2254  
Average $/SQFT  $509  
Average Sold   $1,071,825  
Average $/SQFT  $475  

 

 Homes sold during November  2010 in the town of Red Hook NY

  

ADDRESS PRICE
Kidd Lane $362,300
Budds Corner RD $375,000
Albany Post Road $650,000
Woods Road $2,900,000

 

 

 Village of Red Hook

 

Active  2 Offer  1
Average List  $268,500 Average List  $188,500
Average DOM  28 Average DOM 187
Average SQFT  1500 Average SQFT 1600
Average $/SQFT  $179 Average $/SQFT $118
       
       

 

  

 

Are you curious about the inventory breakdown in Red Hook? Below you can examine it by price range:

 Red Hook homes for sale

$0-$99,999                                 $100,000-$199,999                            $200,000-$299,999

$300,000-$399,999                  $400,000-$499,999                            $500,000-$599,999

$600,000-$699,999                  $700,000-$799,999                            $800,000-$899,999

$900,000-$999,999                   $1,000,000+

  

  Data for report obtained from Mid Hudson Multiple listing Services.  Deemed reliable but not guaranteed

Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York  Real Estate Market Report for November 2010 

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Comments(5)

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

This is a nicely done report.  It is interesting to read what is happening in Red Hook New York. 

Dec 09, 2010 12:55 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

JEN..Good Job..very nicely done!

HelpfulHannah

Dec 09, 2010 12:57 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Hi Joan that was quick.  Like you I like to see what's happening in the other markets.

 Here is hoping homes will sell faster in the coming year so many can move on with their plans. 

Dec 09, 2010 01:00 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jennifer it is nice to hear that some of the upper price home are beginning to sell up in your area.  We have not seen much of that here, but hopefully we will follow suit.

Dec 09, 2010 01:34 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

George I was really happy to see the movement in the high end, since for most of the year just the lower range was selling.

I sure hope you will see a similar trend soon.

Dec 09, 2010 01:45 PM