Fewer Hyde Park NY homes sold in April 2022
Hyde Park NY April 2022 home sales market update
Hyde Park NY April 2022 home sales at ten was less than the 16 recorded for the same time last year.
Homes sold had a sale price to list price of 103 percent, with six homes selling above the list price.
The single-family homes sold; ranged in price from $107,000 to $650,000 and had square feet from 630 to 2576. These homes were built between 1770 and 2020.
Comparison of April 2022/2021 home sales
| Comparison | 2021 | 2022 |
| Average List | $305,637 | $346,760 |
| Average Sold | $299,462 | $356,090 |
| Median List | $287,000 | $339,500 |
| Median Sold | $271,500 | $350,000 |
| Sales | 16 | 10 |
| DOM | 71 | 101 |
Average and Median Prices in April 2022
The average sale price at $ 356,090 was much higher than the $299,462 recorded in April 2021.
A median sale price this April of $350,000 was likewise more than the $271,500 at the same time last year.
Homes were on the market an average of 101 days which was higher than the 71 days for the same time last year.
Other Real Estate Activities In April 2022
Five homes were added to the Hyde Park NY homes for sale inventory. These two to four-bedroom homes ranged in price from $310,000 to $569,000 built between 1969 and 2022 with square feet from 1626 to 2400.
Seventeen homes received offers, these homes had two to four bedrooms, with prices ranging from $210,000 to $ 575,000 with the smallest house 960 square feet and the largest was 2,500 square feet. These were built between 1850 and 1985
Three homes went under contract, built between 1900 and 1958. These three-bedroom homes ranged in price from $249,900 to $299,900 with square feet from 1,338 to 1867.
| Active | 5 | Offer | 14 | |
| Avg. List | $451,800 | Avg. List | $344,681 | |
| Avg. DOM | 20 | Avg. DOM | 37 | |
| Avg, Sq. Ft | 2058 | Avg, Sq. Ft | 1742 | |
| Avg, $/Sq. Ft | $205 | Avg, $/Sq. Ft | $196 |
| Offer CS | 3 | Contract | 7 | |
| Avg. List | $296,333 | Avg. List | $376,250 | |
| Avg. DOM | 42 | Avg. DOM | 21 | |
| Avg, Sq. Ft | 1239 | Avg, Sq. Ft | 1,595 | |
| Avg, $/Sq. Ft | $239 | Avg, $/Sq. Ft | $172 |
Home Sales in Hyde Park NY in April 2022
| Sales | 2022 |
| Average List | $346,760 |
| Square Ft | 1,786 |
| Average $/Sq. Ft. | $194 |
| Average Sold | $356,090 |
| Average $/Sq. Ft. | $199 |
| Sales | 10 |
| DOM | 101 |
| Albany Post Rd | $107,000 |
| Violet Ave | $220,000 |
| W Market ST | $270,000 |
| Ash | $276,000 |
| Thurston Ln | $349,000 |
| ? | $351,000 |
| William Penn Ct | $352,000 |
| Parker Ave | $460,000 |
| Enderkill Dr | $525,000 |
| Pond View Ct | $650,000 |
Thinking of selling your home is now a good time to act?
Higher mortgage rates coupled with higher home prices will weaken buyers’ purchasing power.
Inflation will also have an impact on the housing market.
If you are thinking of selling doing so sooner rather than later would be a good move since more rate hikes will make it even more difficult for buyers.
No Comments