Hyde Park NY home sales in August 2023
A review of Hyde Park NY home sales in August 2023
Hyde Park NY home sales in August 2023 came in at twenty, with an average sale price to list price of 102 percent. Sales this August were nine more than in August 2022.
These homes ranged in price from $269,000 to $499,000, had square feet from 797 to 3051, and were built between 1860 and 2011.
Average and median home prices in Hyde Park NY, during August 2023
The average sale price of $359,960 was lower than the $361,682 recorded last August.
A median sale price this August of $372,500 was more than the $350,000 at the same time last year.
Homes were on the market for an average of 72 days, 31 days more than in August 2022.
Comparison of August 2023/2022 Home Sales
| Comparison | 2022 | 2023 |
| Average List | $362,309 | $352,920 |
| Average Sold | $361,682 | $359,960 |
| Median List | $350,000 | $349,999 |
| Median Sold | $350,000 | $372,500 |
| Sales | 11 | 20 |
| DOM | 41 | 72 |
Additional Market Activities during August 2023
The average sale price of $359,960 was lower than the $361,682 recorded last August.
A median sale price this August of $372,500 was more than the $350,000 at the same time last year.
Homes were on the market for an average of 72 days, 31 days more than in August 2022.
BREAKDOWN OF AUGUST REAL ESTATE ACTIVITIES
| Active | 11 |
| Avg. List | $2,706,509 |
| Avg. DOM | 10 |
| Avg. Sq. Ft. | 3,819 |
| Avg $/Sq. Ft | $773 |
| New | 1 |
| Avg. Lis | $499,500 |
| Avg. DOM | 1 |
| Avg. Sq. Ft. | 3,465 |
| Avg $/Sq. Ft | $144 |
| Offer | 10 |
| Avg. List | $376,460 |
| Avg. DOM | 57 |
| Avg. Sq. Ft. | 1,664 |
| Avg $/Sq. Ft | $226 |
| Offer CS | 7 |
| Avg. Lis | $350,971 |
| Avg. DOM | 33 |
| Avg. Sq. Ft. | 1,411 |
| Avg $/Sq. Ft | $249 |
| Contract | 7 |
| Avg. List | $343,240 |
| Avg. DOM | 34 |
| Avg. Sq. Ft. | 1,406 |
| Avg $/Sq. Ft | $245 |
Hyde Park NY home sales in August 2023
| Sold | 20 |
| Average List | $352,920 |
| DOM | 72 |
| Avg. Sq. Ft | 1,880 |
| Avg.$/ Sq. Ft | $188 |
| Avg. Sold | $359,960 |
| Avg. $/Sq. Ft | $19 |
| Location | Price |
| Albany Post Rd | $132,700 |
| Haviland Rd | $202,000 |
| Harvey | $269,000 |
| Holt Rd | $270,000 |
| Creek Rd | $330,000 |
| Creek Rd | $339,000 |
| W Long Meadow Dr | $340,000 |
| Morgan Circle | $347,000 |
| Norah Ln | $355,000 |
| Chapman Circle | $359,000 |
| Greentree N Dr | $365,000 |
| Holt Rd | $380,000 |
| Calmer Pl | $380,000 |
| Roe Dr | $395,000 |
| Richard Rd | $411,000 |
| Roosevelt | $425,000 |
| Hook Rd | $440,000 |
| Cary Rd | $465,000 |
| Harley Tucker Hill | $495000 |
| Cardinal Rd | $499,000 |
What is happening in the market?
The housing market is experiencing several changes.
1. Mortgage rates are now seven percent and higher.
2. Home prices have risen to levels where some potential buyers are priced out of the market.
3. Inventory level is lower since some homeowners who would like to move on can’t do so because purchasing another home would be more expensive.
4. New home construction sales are doing well.
If you need more information contact Jennifer Fivelsdal, Real Estate Broker, JFIVE Homes Realty LLC., 845-594-9947
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