Only once every 4 years will I get the opportunity to issue a market report on February 29th.  So Red Hook residents:

Did You Know?  - There are presently 67 listings on the market.  That's like having an entire year of inventory in February since the total sales last year was 66 units.

                                                                 Town of Red Hook

                                                    AVG. list price          DOM             AVG Sq. Ft.        AVG. $ per sq. ft.

                  53  Active                     $535,360             125                  2560                     $211

                     1 New                          $350,000               5                   2600                      $135

                     6 0ffers                        $411,167            196                 2186                      $188

                     7 Price change             $428,829            117                2905                      $148

                                        

                      1 in contract                $119,000             69                1456                        $182

                      3 Sold                           $439,333           375                3104                        $142

                                                  Average sale  price $407,667 with an average $ per sq. ft.  of $131

 

                                                            Village of Red Hook

                      

                                                      AVG. list price          DOM             AVG Sq. Ft.        AVG. $ per sq. ft.

                    10  Active                     $ 338,630             126               1749                         $194

                      3 New                          $389,633               5                 2154                          $181

                      1 Price change            $395,000               8                 2400                          $165

                      1 Sold                          $200,000            114                1100                          $182  

                                                    Average sale  price $191,000  with an average $ per sq. ft.  of $ 174

 

                                                   Recent Postings to get you in gear for the 2008 real estate market.

                                                   10 Things Real Estate Buyers and Sellers In the Hudson Valley Should do in 2008

                                                    Having problem paying your mortgage? be proactive and avoid foreclosure

                                                    Is foreclosure a possibility why you might want to consider a third party negotiator

                                             Planning To Sell Your Home This Spring - Could Pruning Add to Your Homes Curb Appeal?

           

   *****Data for this report compiled from information provided by the Mid Hudson MLS                                  

                                                  

                                                  

         Find House       House value                                    

       Author Jennifer Fivelsdal - 845-758-6842              

 

6 Comments on Red Hook NY Leap Day Real Estate Market Report

MAR
01
2008
261,731 Points 26 Featured Posts Outside Blog
nice job Jennifer - keeping the public posted is always a good idea
2:15am • #1
468,653 Points 13 Featured Posts Localism Sponsor Outside Blog
Thesa - This type of information gives the public an idea of what is happening in the local market.  It shows buyers there is a large inventory.  It shows sellers the sales is small when compared to the inventory and that pricing right is going to be key to selling.
7:08am • #2
162,025 Points Outside Blog
Your post is awesome... eye catching and so informative, I like it.
9:33am • #3
165,557 Points
Nice Report Jennifer.  I'm sure people in your area appreciate it.  You are on the ball.
12:28pm • #4
MAR
02
2008
468,653 Points 13 Featured Posts Localism Sponsor Outside Blog

Kelley - Thank you, this is the type of data the local consumer wants to see especially in this changing market.

Dan- Yes that's true, a couple people told me they look forward to my market reports.

6:27am • #5
Thanx Jennifer, I think I am going to do this for a town in Ulster.  It is really interesting stuff, I love it!!
10:15am • #6

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Jennifer Fivelsdal, Fishkill NY

Rhinebeck, NY

More about me…

Keller Williams Realty Team - Real Estate Agent

Address: 1401 Route 52 Suite 100, Fishkill, NY, 12524

Office Phone: (845) 249-2945

Cell Phone: (845) 594-9947

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This will be a source of information on the Mid-Hudson Valley and real estate related topics. Please call me at 845-758-6842 or visit www.jfivehomes.com Page copy protected against web site content infringement by Copyscape


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