In Red Hook New York during the month of October there were 3 homes sold according to the data from the Mid Hudson Multiple listing Services; 4 less sales than last year as shown in the real estate market report for October 2009. The sale price ranged from $185,000-$309,000.
Good to see some movement in the high end portion of the market; there is a property listed at over 1.6
million dollars with an offer and another over 3 million dollars in contract.
The overall inventory level in Red Hook is still high, however, I see some sellers are making price reductions and with low interest rates there are opportunities to purchase a home that you might not have been able to purchase just a few years ago.
Below you will find the breakdown of the market report for October 2010.
OCTOBER 2010 MARKET REPORT FOR RED HOOK NY 12571
| Active | 2 | Offer | 1 |
| Average List | $440,000 | Average List | $1,695,000 |
| Average DOM | 34 | Average DOM | 84 |
| Average SQFT | 1748 | Average SQFT | 4676 |
| Average $/SQFT | $252 | Average $/SQFT | $362 |
| Offer CS | 1 | Contract | 3 |
| Average List | $169,400 | Average List | $1,310,000 |
| Average DOM | 211 | Average DOM | 140 |
| Average SQFT | 2112 | Average SQFT | 2660 |
| Average $/SQFT | $80 | Average $/SQFT | $492 |
| Sold | 3 | ||
| Average List | $253,833 | ||
| Average DOM | 114 | ||
| Average SQFT | 2289 | ||
| Average $/SQFT | $111 | ||
| Average Sold | $252,000 | ||
| Average $/SQFT | $110 |
Homes sold during October 2010 in the town of Red Hook NY
| ADDRESS | PRICE |
| Lothrop | $185,000 |
| Colonial Drive | $262,000 |
| Beech St | $309,000 |
During October the only property sold in the Village of Red Hook was a mobile home.
Are you curious about the inventory breakdown in Red Hook? Below you can examine it by price range:
Red Hook homes for sale
$0-$99,999 $100,000-$199,999 $200,000-$299,999
$300,000-$399,999 $400,000-$499,999 $500,000-$599,999
$600,000-$699,999 $700,000-$799,999 $800,000-$899,999
Data for report obtained from Mid Hudson Multiple listing Services. Deemed reliable but not guaranteed
Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com
www.jfivehomes.com or www.midhudsonhomevalue.com
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Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York Real Estate Market Report for October 2010
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