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Market update for Hyde Park home sales in February 2021

Market update for Hyde Park home sales in February 2021

 Hyde Park NY home sales in February 2022

Analysis of Hyde Park NY home sales in February 2022

Hyde Park NY home sales in February 2022 at seventeen was the same amount recorded in February 2021.
The homes sold had a sale price to list price of 100 percent, with four homes selling above the list price.
The single-family homes sold ranged in price from $180,000 to $775,000 and consisted of two to four bedrooms with square feet from 657 to 3,294.  These homes were built between 1949 and 1984.

Average and Median Prices in February 2022

Hyde Park NY home sales in February 2022 average sale price at $337,538 was much higher than the $256,718, recorded in February 2021.
 
A median sale price this February of $283,750 was more than the $255,000 for the same time last year.

Homes were on the market an average of 66 days which was lower than the 79 days for the same time last year.

 Comparison of February 2022/2021 home sales  

Comparison20212022
Average List$257,006$ 337,863
Average Sold$ 256,718$337,538
Median List$ 260,000$299,000
Median Sold$255,000$283,750
Sales1717
DOM7966

Other Real Estate Activities In February 2022

Five homes were added to the Hyde Park NY homes for sale inventory. These two to five-bedroom homes ranged in price from $215,000 to $45,000,000, built between 1949 and 1984 with square feet from 657 to $3,294.    the average list price is really $9,269,800 due to the listing for $45,000,000.


Three homes received offers, these homes had three and four bedrooms, with prices ranging from $289,900 to $460,000, the smallest house was 972 square feet and the largest was 2,332 square feet.  These were built between 1916 and 1959.


Eight homes went under contract, these ranged in price from $ 189,900 to $449,000.  These were two to three-bedroom homes with square feet from 1,144 to 2,359 and were built between 1915 and 1970.

Other Real Estate Activities In February 2022

Active 5Offer2
Avg. List$9,269,800Avg. List$374,950
Avg. DOM36Avg. DOM19
Avg. Sq. Ft.4347Avg. Sq. Ft.1854
Avg $/Sq. Ft$282Avg $/Sq. Ft$202

Offer CS1Contract8
Avg. List$ 299,000Avg. List$304,038
Avg. DOM25Avg. DOM52
Avg. Sq. Ft.972Avg. Sq. Ft.1,668
Avg $/Sq. Ft$308Avg $/Sq. Ft$182

Hyde Park NY home sales in February 2022 breakdown

Sold17
Average List$337,863
DOM66
Avg. Sq. Ft1,829
Avg.$/ Sq. Ft$187
Avg. Sold$337,538
Avg. $/Sq. Ft$187

Locations and prices for Hyde Park NY home sales

Location Sales PricesLocationSale Prices
RothKrantz$189,000Sucato Dr $ 303,000
Violet Ave$217,500Greentree Dr$310,000
Walnut$239,000Netherwood Rd$345,000
Watson Pl$ 245,000Haines Court$375,000
Prince Rd$ 249,000Cream St$385,000
Holt Rd$ 255,000Cove Rd$460,000
Cronk Pl$ 265,000Stoutenburgh Dr$575,000
Ash Lane$ 275,000Cove Rd$775,000
N. Quaker Ln $ 283,750

Thinking of selling your home? Now is the time to act

Spring is here, a time when home inventory increases.

If you are planning to sell your home, doing so sooner in the Spring could mean less competition and a higher selling price. Economic factors such as inflation and the Fed interest rate hikes could affect a home buyer’s buying power, this could lead to homes staying on the market longer

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