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Red Hook Real Estate Report For March 2012

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

During March in Red Hook NY 11 new listings came on the market, 2 of the listings were bank owned and 2 were in an area that has remained stable for some time. The price range on these listings was $84,500-$519,900.


At the end of March one listing in Red Hook went under contract. This home went quickly because it was priced well.


How many homes sold in Red Hook in March? 4 homes sold ranging from $190,000-$610,000, age ranged from 1850-2011, and the average price of the homes sold was $393,750.

How did this March compare to March 2011? Last year there were 2 sales, this year 4. I hope that trend continues.

 

 Single Family detached inventory for Red Hook NY in March 2012

Active 11 Contract 1
Average List $331,555 Average List $299,900
Average DOM 23 Average DOM 43
Average SQFT 2111 Average SQFT 2050
Average $/SQFT $157 Average $/SQFT $146
       
By J Fivelsdal      

  

Sold 4    
Average List $427,225
 
Average DOM 142
 
Average SQFT 2719
 
Average $/SQFT $157
 
Average Sold $393,750
 
Average $/SQFT
 $145
 

 

Homes Sold in Red Hook in March 2012

ADDRESS PRICE
Hapeman Hill $190,000
 Sunrise $380,000
 Carriage Drive $395,000
Pitcher Lane $610,000

  In the Village of Red Hook there were 1 new listing, 1 under contract and 1 sold

  Single Family detached inventory for the Village of Red Hook NY in March 2012

Active 1 Contract  1
Average List $369,000 Average List  $249,000
Average DOM 20 Average DOM 312
Average SQFT 1296 Average SQFT 1536
Average $/SQFT $285 Average $/SQFT  $162
   
 

 
 

 

Contract 1    
Average List $179,000
 
Average DOM 132
 
Average SQFT 1232
 
Average $/SQFT $145
 
Average Sold $155,000
 
Average$/SQFT
$128
 

 Homes Sold in the Village of Red Hook in March 2012

 ADDRESS  PRICE
E. Market Street  $155,000
   
   
 

 

 Data for report obtained from the Mid Hudson MLS Services
Copyright © by Jennifer Fivelsdal, ll rights reserved-Red Hook Real Estate Report for March 2012

 

Comments(5)

Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

The Red Hook Community in Hudson Valley area sounds like an uptick in sales volume which always seems like a good indicator of buyer interest. 

Apr 13, 2012 12:23 AM
Janis Borgueta
Newburgh, NY
Retired RE Salesperson

The Hudson Valley is having an uptick of sales. Buyers are out there and all the good homes that are priced right don't stay on the market long. Red Hook is a great place to be.!

Apr 13, 2012 12:29 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

Morgan it was good to see an increase over last year, and I hope the trend continues.

Janis that's key, sellers who price their home for the market of the moment are the ones getting offers.

Apr 13, 2012 01:12 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Jennifer, I like the way you have compared the market for 2011 and 2012. Good to read that it has improved.

Apr 14, 2012 08:54 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jennifer, nice to see your sales increasing, and I too hope this trend continues!

Apr 14, 2012 11:54 PM