Can't believe we are almost through the first quarter of 2009. So how did the real estate in Red Hook NY do during the month of February? At a quick glance in most categories the average list price is lower than they were about a year ago. For comparison here is the February 2008 market report.
RED HOOK REAL ESTATE MARKET REPORT - SINGLE FAMILY HOMES February 2009
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| CATEGORIES |
AVG LISTING PRICE |
DOM |
AVG SQ FT |
AVG $/SQ FT |
| 55 Active |
$ 485,744.00 |
172 |
2357 |
$206 |
| 4 New |
$ 387,200.00 |
3 |
2718 |
$142 |
| 5 Price Chng. |
$ 531,740.00 |
93 |
3350 |
$159 |
| 2 Offers-CS |
$ 332,250.00 |
43 |
2023 |
$164 |
| 1 Pending |
$ 299,000.00 |
81 |
2012 |
$149 |
| 3 Sold |
$ 289,000.00 |
355 |
2016 |
$143 |
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AVG SOLD PRICE |
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AVG $/SQ FT
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$275,333 |
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$137 |
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SALE PRICE |
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| Lasher |
$199,000.00 |
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| Cambridge
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$210,000.00 |
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| W. Kerley Cor |
$417,000.00 |
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VILLAGE OF RED HOOK REAL ESTATE MARKET REPORT - SINGLE FAMILY HOMES February 2009
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| CATEGORIES |
AVG LISTING PRICE |
DOM |
AVG SQ FT |
AVG $/SQ FT |
| 6 Active |
$ 299,333.00 |
120 |
1408 |
$213 |
| 1 Contingent |
$ 279,000.00 |
258 |
1221 |
$229 |
| 1 Pending |
$ 149,000.00 |
67 |
898 |
$166 |
| 1 Sold |
$ 229,900.00 |
126 |
1420 |
$162 |
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AVG SOLD PRICE |
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AVG $/SQ FT
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$198,000.00 |
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$139 |
| STREET
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SALE PRICE |
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| St. John ST |
$199,000.00 |
Because of the challenging times we are facing some will find it difficult to pay the mortgage, if you find yourself in this position please address the issue immediately. There is help available to either help you save your home or it might be necessary to do a short sales, this is something your Realtor can help with. Helping someone find a solution to a distress situation benefits the entire community.
****Data for this report obtained from the MidHudson MLS System.
If you would like more in depth information please contact Jennifer Fivelsdal- Associate Broker- Keller Williams Realty Team - 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com
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Hi Jennifer,
Great info for anyone buying or selling in Red Hook.