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Red Hook New York Real Estate Market Report for February 2011

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

During February only 1 single family home sold in Red Hook, 1 less than in January; but how did this February compare to last year?

In the market report for February 2010 I mentioned I was frequently asked about the market condition, this has not changed and I am always delighted to provide the information. There were 4 properties sold in Red Hook in February 2010, and 3 of them were bank owned properties.  The average sale price then was $182,125   The tax credit was also still in effect.  When looking at how the market is doing you also need to take into consideration other factors that have both positive and negative effect such as, layoffs, tax credits, lower interest rates to name a few.

 If you are looking to buy a Red Hook home there are over 60 homes on the market ranging from the 100's to over a million dollars.

Below you will find the detail report for February 2011

 

 Single Family detached inventory for Red Hook NY in February

Active 6 Offer 3
Average List $470,800 Average List $281400
Average DOM 22 Average DOM 182
Average SQFT 2442 Average SQFT 2304
Average $/SQFT $193 Average $/SQFT $122
       
By J Fivelsdal      

  

Contract 1 Sold  1
Average List $469,000 Average List  $249,999
Average DOM 97 Average DOM  301
Average SQFT 2214 Average SQFT  1404
Average $/SQFT $212 Average $/SQFT  $178
  Average Sold  $225000
BY J Fivelsal   Average $/SQFT  $160

Homes sold during February 2011 in the town of Red Hook NY

ADDRESS PRICE
Willard $249,999
   
   
 BY J Fivelsdal  

  Village of Red Hook

Active 2  
Average List $292,450  
Average DOM 20  
Average SQFT 1268  
Average $/SQFT $231  
       
 By J Fivelsdal      

 

Data for report obtained from Mid Hudson Multiple listing Services.  Deemed reliable but not guaranteed

 Copyright © by Jennifer Fivelsdal, all rights reserved-Red Hook New York  Real Estate Market Report for February 2011

Comments(5)

Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

A very detailed presentation on activity in your market area! Market reports are great information for buyers and sellers, educating them about current neighborhood trends!

Mar 07, 2011 04:15 PM
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Jennifer....nice info, I think this is exactly the info consumers are looking for.
Have a Great Day!

Mar 07, 2011 10:24 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Jennifer, I love your detailed market reports. Good information for consumers.

Mar 07, 2011 10:42 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Jennifer I am raising my glass to toast to a fantastic Spring for you and the sellers in Red Hook!

Mar 07, 2011 11:35 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

Anthony I try to provide consumer with information they can use and I know that is also your goal.

Rob I think so too.  Have a great day too.

Gita welcome back.  Thank you.

Bill it is my hope the home sellers in Red Hook will attain their goals this selling season.  My suggestion is to deal with the market of the moment from the very beginning.

Mar 08, 2011 02:58 AM