It is impossible to drive through most streets in Red Hook without noticing a House for sale sign.  This is a typical scene in most towns - And the Spring rush has not yet occurred.  As spring approaches this is a time when most owners typically put their property on the market  so I thought it would be a good time to see what the numbers show so far .

In the month of January 6 properties were listed ranging from $229,000 to $524,900

During the same time 3 properties were sold ranging from $239,900-$369,900 and the days on the market range from 132-211.

At Present there are 77 active listings on the market, which is already a large inventory brought forward from 2007. Price ranged from $43,500 to $4,018,900.

It is obvious that homes priced under $300,000 are moving faster because of a much higher demand.  At the same time the Dutchess County market report showed a significant drop in sales during January and a higher number of days on the market. 

What can sellers do to ensure a sale?

• Price is key. More than ever you need a real estate professional to help with this.  Don't even try to look for the same price your neighbor got 6 months ago.  Market analysis now covers a much shorter period.
• Make sure all repairs are done prior to putting the property on the market.  A pre-inspection will aid in the discovery of issues to be addressed.
• Be prepared to make a price adjustment or offer incentives if you really have to sell.
• The Selling price is in no way related to what you feel you have to net but is more closely related to what a  buyer is willing to pay.
• Will the property appraise?  I am noticing more cases of houses appraising for less than assessed value, so a pre-appraisal might be a good idea.
• Have you considered staging?  It is a proven fact that a staged property sells quicker and for more money.
• Home warranty is a plus.  Potential buyers like to know they won't have to worry if something breaks shortly after the closing.

Red Hook Drug Store 

In the Village of Tivoli only 1 property was listed in January and there are only 2 properties for sale at the moment.

Santa Fe - Tivoli

Check here for real estate buyers and sellers information.

Jennifer Fivelsdal -845-758-6842