Hyde Park NY home sales in June 2022 came in lower than June 2021

Hyde Park NY home sales in June 2022 came in lower than June 2021

Hyde Park NY home sales in June 2022

Market update for Hyde Park NY home sales in June 2022

Hyde Park NY June 2022 home sales at ten was eleven less than the 21 recorded for the same time last year. Homes sold had a sale price to list price of 98 percent, with six homes selling above the list price.

The single-family homes sold ranged in price from $195,000 to $480,000 and had square feet from 1,170 to 2,044.  These homes were built between 1700 and 1985.

Comparison of June 2022/2021 home sales  

Average List$431,209$314,760
Average Sold$442,119$309,900
Median List$310,000$294,900
Median Sold$305,250$290,000

Hyde Park NY Average and Median Prices in June 2022

The average sale price of $309,900 was lower than the $442,119 recorded in June 2021.
A median sale price this June of $290,000 was less than the $305,250 at the same time last year.

Homes were on the market for an average of 73 days which was up from the 35 days for the same time last year.

Other Real Estate Activities In June 2022

Fifteen homes were added to the Hyde Park NY homes for sale inventory. These two to four-bedroom homes ranged in price from $249,900 to $749,000 built between 1920 and 1997 with square feet from 944 to 3,910

Seventeen homes received offers, these homes had two to four bedrooms, with prices ranging from $99,000 to $525,000 with the smallest house at 1,005 square feet and the largest at 3,136  square feet.  These were built between 1932 and 2008.

Six homes went under contract, built between 1920 and 1973. These two to four-bedroom homes ranged in price from $289,900 to $1,250,000 with square feet from 1,100 to 3,865.

Average List$380,321Average List$330,000
Average Days on market14Average Days on market1
Average Square Feet1,751Average Square Feet1,329
Average $/Square Feet$217Average $/Square Feet$248
Offer 9Offer CS8
Average List$331,189Average List$393,474
Average Days on market31Average Days on market32
Average Square Feet1,772Average Square Feet1,702
Average $/Square Feet$ 187Average $/Square Feet$231
Average List$488,115
Average Days on market22
Average Square Feet2013
Average $/Square Feet$243

Home Sales in Hyde Park NY in June 2022 

Sales2022Location Price
Average List$314,760Van Wert Place$195,000
Average Square Feet1681Violet Ave$255,000
Average $/Square Feet$187Terwilliger$275,000
Average Sold$309,900Elizabeth Ct$279,000
Average $/Square Feet$184Route 9G$285,000
Sales10Van Wert Place$295,000
DOM73Enderkill Dr.$310,000
E. Market St$335,000
Andover Lane$390,000
Chaucer Rd$480,000

Data used in this report was obtained from the Mid Hudson MLS. Deemed reliable but not guaranteed. Late reporting could result in a change in the number of sales. (This report does not include private sales or mobile homes)

A few real estate observations

Due to inflation and higher mortgage rates, some home buyers have decided to take a pause on their desire to purchase a home.

There is a more noticeable price reduction in homes listed for sale.

Some homes are still getting multiple offers

It is a better strategy to price a home a bit lower to attract more interest, get more offers and a higher price, instead of pricing higher and then finding it necessary to reduce the price one or more times before getting an accepted offer.

Other market reports

Red Hook NY June 2022

May 2022 Hyde Park NY

April 2022 Hyde Park NY

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