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 fell in the range below $300,000.  What does that mean for you?  If your Red Hook home is priced above this range your days on market will probably be longer, then again there is always an exception to the rule.

If you are thinking of selling I strong recommend you put your house on the market sooner that later.  Before you do take steps to make it show ready.  A real estate agent can give you some suggestions.  I have always enjoyed helping clients get a sense of what changes to make, so that the home is more appealing and will sell for more.

 

Compare Red Hook January 2012 to 2011

 

Bard Science building

                         Bard College Science Building  | Town of Red Hook

Red Hook NY Market Report For Single Family homes January 2012

Active 14 Contract 1
Average List $394,171 Average List $299,000
Average DOM 27 Average DOM 485
Average SQFT 2483 Average SQFT 1952
Average $/SQFT $159 Average$/SQFT $153
       
       

 

Sold 3    
Average List $818,167    
Average DOM 267    
Average SQFT 2474    
Average $/SQFT $331    
Average Sold $603,333    
Average$/SQFT $244    

 

Town of Red HookNY - January 2012 Home Sales

ADDRESS PRICE
West Kerley Corners
 $ 190,000
Fair Lane
 $ 420,000
West Kerler Coners
 $ 1,200,000
   

There were no sales in the Village of Red Hook in January

 

Village of Red Hook NY Market Report - January 2012

 

Active 1    
Average List $264,900    
Average DOM 29    
Average SQFT 850    
Average $/SQFT $312    

     
       

 Data for this report was obtained from the Mid Hudson MLS Services.


Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook Market Report January 2012

Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com

www.jfivehomes.com or www.midhudsonhomevalue.com

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This post has been included in New York Real Estate News Dutchess County, NY Real Estate News Red Hook, NY Real Estate News
Post is included in group: Hudson Valley Real Estate and Mortgage Professionals
Post is included in group: Market Reports
Post is included in group: Market Updates

4 Comments on Red Hook Market Report January 2012

FEB
13
2012
1,361,403 Points 244 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jennifer I was going to ask you how did this January compare to last January, but then I saw the link.  3 sales might not seem like a lot, but it is one more than last year.
9:30pm • #1
1,157,918 Points 29 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

George that true.  And Red Hook had 1 of the 2 million dollar sales in the County.
9:44pm • #2
FEB
14
2012
481,124 Points 4 Featured Posts Outside Blog Called Shot Master

Jennifer, it seems like your market area are stable, only 14 new listings in January 2012. Thanks for sharing your easy to read reports. 
6:44pm • #3
1,157,918 Points 29 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Kwee usually in January winter is in full force so fewer homes are listed then, the pace will pick up come spring.  With the mild weather my advice to  sellers is to get a head start because the buyers are out now.
7:28pm • #4

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Dutchess County homes for sale | Dutchess County Communities

Jennifer Fivelsdal LIC. R.E. Broker

Rhinebeck, NY

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