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Market update for Hyde Park NY home sales in August 2021

Hyde Park NY home sales in August 2021 at seventeen, was nine less than the twenty-six recorded in August 2020. The homes sold had an average sale price to list price of ninety-nine percent, with seven homes selling above the list price.

The single-family homes sold ranged in price from $230,000 to $560,000 and consisted of two to four bedrooms with square feet from 1,370 to 2,686  These homes were built between 1890 and 2005.

The average sale price at $346,788 was slightly lower than the $348,420 recorded in August 2020

A median sale price of $ 336,000 was higher than that of the same time last year when it was $315,950

Homes were on the market an average of 48 days which was down 80 days for August 2020.

 

Hyde Park NY home sales in August 2021 in comparison to August 2020

Data compared	2020	2021
Average List	$ 350,142	$ 350,676
Average Sold	$348,420	$346,788
Median List	$312,450	$329,000
Median Sold	$315,950	$336,000
Sales	26	17
DOM	80	48

Thirteen homes were added to the Hyde Park NY homes for sale inventory. The homes ranged in price from $201,000 to $1,290,000 with two to five bedrooms.  These homes had square feet from 876 to 4,659 and were built between 1822 to 2014.

Nineteen homes received offers,  these homes had two to four bedrooms, with prices ranging from $205,000 to $889,000, the smallest house was 716  square feet, and the largest was 3,574.  These were built between 1932 and 2013.

Seven homes went under contract, these ranged in price from $39,900 to $ 449,999.  These were two and three-bedroom homes with square feet from 707 to 2,831 built between 1954 and 1960.

Other real estate activities during August

Active	10
Avg. List	$471,490
Avg. DOM	16
Avg. Sq. Ft.	1818
Avg $/Sq. Ft	$ 237
New	3
Avg. List	$347,967
Avg. DOM	1
Avg. Sq. Ft.	2147
Avg $/Sq. Ft	$162
Offer	13
Avg. List	$338,587
Avg. DOM	61
Avg. Sq. Ft.	1733
Avg. $/Sq. Ft.	$195
Offer CS	6
Avg. List	$ 474,483
Avg. DOM	61
Avg. Sq. Ft.	1935
Avg. Sq. Ft.	$245
Contract	7
Avg. List	$ 248,812
Avg. DOM	30
Avg. Sq. Ft.	1567
Avg $/Sq. Ft	$159
Sold	17
Avg. List	$350,676
Avg. DOM	48
Avg. Sq. Ft.	2007
Avg $/Sq. Ft	$ 175
Avg. Sold	$ 346,788
Avg. Sq. Ft.	$ 173

 

Hyde Park NY August 2021 home sales location

Address	Sale Price
Chapman Circle	$ 230,000
Cream St	$ 260,000
Cream St	$ 275,000
Hughes Ave	$ 289,900
Franklin Rd	$ 315,000
Creek Rd	$ 320,000
Long Meadow Dr	$  325,000
Buttermilk Dr	$ 325,000
Terwilliger Rd	$ 336,000
Newbold Dr	$ 340,000
Terwilliger Rd	$ 350,000
Woodland Cir	$ 351,500
Abbey Rd	$ 360,000
Windmill	$ 360,000
Bellas Way	$ 399,000
Mills Cross Rd	$ 499,000
Forest Brook Ln	$ $560,000

Many homes are selling above or at list price, due to multiple offers, for sellers, this is a great market.

Buyers you need a strategy that includes fewer or no contingencies and knowing you might have to go above the list price if you expect to get your offer accepted.

If you have a real estate need I would welcome the opportunity to assist you. Please call or text Jennifer Fivelsdal | Real Estate Broker | JFIVE Homes Realty LLC. at 845-594-9947

**Data used in the preparation of this report was obtained from the Mid Hudson MLS.