In Red Hook, during the month of April, 4 single family homes sold ranging from $95,000-195,000. Yes, none of the sales were above $200,000 and two of the properties were bank owned. When compared to the April 2010 market report it seems the market was better then with 6 sales ranging from $163,000 to $459,000.
During the month there were no sales in the village although 2 new properties came on the market.
Also worth noting, 2 million dollar properties were added to the inventory and that is why the average list price was $596,483. The highest list price for the month was $1,290,000 and the lowest was $258,000.
So, you have had your Red Hook home on the market for some time and it has not sold. It is natural to blame the real estate agent. However, numbers don't lie, so, you might want to consider this: From January 1st to April 30th, 12 single family homes and 1 mobile home sold in Red Hook. 6 of the homes sold were under $200,000. The average sale price was $272,208 only because there was one home sold for $775,000. The fact is, if your home is down around the $200,000 mark you have a better chance of getting the home sold faster. If your home is in a higher range your days on market will more than likely be higher.
Single Family detached inventory for Red Hook NY in April
| Active | 12 | Offer | 1 |
| Average List | $596,483 | Average List | $199,999 |
| Average DOM | 27 | Average DOM | 46 |
| Average SQFT | 2644 | Average SQFT | 2016 |
| Average $/SQFT | $226 | Average $/SQFT | $99 |
| By J Fivelsdal |
| Contract | 1 | Sold | 4 |
| Average List | $275,000 | Average List | $171,300 |
| Average DOM | 59 | Average DOM | 133 |
| Average SQFT | 1488 | Average SQFT | 1904 |
| Average $/SQFT | $185 | Average $/SQFT | $82 |
| Average Sold | $163,750 | ||
| By J Fivelsdal | Average $/SQFT | $81 |
Homes sold during April 2011 in the town of Red Hook NY
| ADDRESS | PRICE |
| Linden Ave | $ 95,000 |
| Metzger RD | $170,000 |
| Feller Newmark | $195,000 |
| Orlich RD | $195,000 |
Village of Red Hook
| Active | 2 | ||
| Average List | $214,450 | ||
| Average DOM | 31 | ||
| Average SQFT | 1378 | ||
| Average $/SQFT | $156 | ||
| By J Fivelsdal |
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