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Red Hook NY Leap Day Real Estate Market Report

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

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.

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                                                    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              

Comments(6)

Thesa Chambers
West + Main - Bend, OR
Principal Broker - Licensed in Oregon
nice job Jennifer - keeping the public posted is always a good idea
Feb 29, 2008 06:15 PM
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
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.
Feb 29, 2008 11:08 PM
Kim Sellers
Lake Arrowhead, CA Coldwell Banker - Lake Arrowhead, CA
Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
Your post is awesome... eye catching and so informative, I like it.
Mar 01, 2008 01:33 AM
Dan Forbes
Bradenton, FL
Nice Report Jennifer.  I'm sure people in your area appreciate it.  You are on the ball.
Mar 01, 2008 04:28 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

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.

Mar 01, 2008 10:27 PM
Patrice Estess
PB APPRAISALS - Kerhonkson, NY
Thanx Jennifer, I think I am going to do this for a town in Ulster.  It is really interesting stuff, I love it!!
Mar 02, 2008 02:15 AM