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Red Hook Real Estate Market Report October 2011

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

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 if you can get into contract right now.

In the last couple of weeks I have noticed more buyers are out shopping with some hoping to close on a house by the end of the year.

What can a seller do? Revisit your price. That is the major factor today's consumers are considering.

 

Snow in Red Hook

                        The October surprise in Red Hook - Snow

 

Single Family detached market report for Red Hook NY in October 2011

Active 6 Offer 1
Average List $702,967 Average List $195,500
Average DOM 18 Average DOM 461
Average SQFT 3076 Average SQFT 1200
Average $/SQFT $229 Average $/SQFT $ 163
   
 
       

 

Offer CS 1 Contract 1
Average List $350,000 Average List $299,901
Average DOM 52 Average DOM 99
Average SQFT 3500 Average SQFT 2484
Average $/SQFT $100 Average $/SQFT $121
   
 
       

 

Sold 1    
Average List $565,000    
Average DOM 81    
Average SQFT 1611    
Average $/SQFT $351    
Average Sold $535,000
 
Average Sold    $/SQFT $332    

 

Address Price
 Lasher  $535,000

 

Single Family detached Market Report for the Village of Red Hook NY

in October 2011

 

Active 3 Contract 2
Average List $225,667 Average List $217,000
Average DOM 23 Average DOM 98
Average SQFT 1543 Average SQFT 997
Average $/SQFT $146 Average $/SQFT $218
   
 
       

 

Sold 1    
Average List $399,000    
Average DOM 86    
Average SQFT 2310    
Average $/SQFT $173    
Average Sold $350,000
 
Average Sold $/SQFT $152    

 

 

 

Address Price
 Bird Street  $350,000

 

 

 

Click to see Red Hook Reports from January - September

 

Data used to compile this report came from the Mid Hudson Multiple Listing Services and represent only homes listed on the MLS. Deemed reliable but not guaranteed

copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook Real Estate Market Report September 2011

Red Hook Home Search

 

Comments(5)

The Scott Loper Team Bux-Mont Premier Properties
Keller Williams Real Estate - Montgomeryville - Lansdale, PA

Hi Jennifer,

Seeing snow in your October market report surprised me even though here in PA, we lived through that October snow too.  Thankfully the snow has melted and the temps are mild (for the time being).

Beautiful picture though.  :)

Lisa

Nov 14, 2011 01:26 AM
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

Lisa it was a shock.  I sure hope it won't be repeated next year. The poor trees suffered, some did not make it.

Nov 14, 2011 04:58 AM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Jennifer, that is very true, everything will sell at the right price.  It indeed is a beautiful photo! 

Nov 14, 2011 10:57 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jennifer, is the two sales in Red Hook for October typical of the number of sales for a month?

Nov 14, 2011 02:32 PM
Digital Digital
Alachua, FL
full service

Hi Jennifer,
I love your marketing report especially with the brief history at the beginning.
Just by this presentation, if I were an out of town buyer you would get my signature.
Keep up the good job, well presented!

Nov 14, 2011 03:35 PM