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Market update for Hyde Park NY March 2022 home sales

Market update for Hyde Park NY March 2022 home sales

Hyde Park NY March 2022 home sales

Hyde Park NY March 2022 home sales


Hyde Park NY March 2022 home sales at fourteen were the same number of sales in March 2021.

Homes sold had a sale price to list price of 98 percent, with five homes selling above the list price.

The single-family homes sold ranged in price from $ 175,000 to $1,483,000 and had square feet from 797 to 4079.  These homes were built between 1800 and 2002.

Comparison of March 2022/2021 home sales  

Comparison 2021 2022
Average List $ 289,806   $ 418,300
Average Sold $ 286,071 $ 410,136
Median List $ 275,000 $ 307,500
Median Sold $ 280,250 $ 324,500
Sales 14 14
DOM 66 50

Average and Median Prices in March 2022

The average sale price of $ 410,136 was much higher than the $286,071 recorded in  March 2021.

 A median sale price this March of  $ 324,500 was likewise more than the $ 280,250 at the same time last year.


Homes were on the market for an average of 50 days which was lower than the 66 days for the same time last year.

Other Real Estate Activities In March 2022

Three homes were added to the Hyde Park NY homes for sale inventory. These two and three-bedroom homes ranged in price from $250,000 to $575,000 built between 1910 and 2022 with square feet from 1888 to 2500.

Twelve homes received offers, these homes had two to four bedrooms, with prices ranging from $125,000 to $ 525,000 with the smallest house  972 square feet and the largest was 2,782 square feet.  These were built between 1770 and 2009

Two homes went under contract. One was a small 630 square feet two-bedroom home from 1910  priced at $269,900.  The other was a three-bedroom home with square feet of 1375 built in 1994 and priced at $289,900.

 

Active 2   New 1
Avg. List $324,995   Avg. List  $575,000
Avg. DOM 16   Avg. DOM 1
Avg, Sq. Ft 1,906   Avg, Sq. Ft 2,500
Avg, $/Sq. Ft $171   Avg, $/Sq. Ft $230

 

Offer 5   Offer CS 7
Avg. List $ 266,740   Avg. List $376,250
Avg. DOM 71   Avg. DOM 21
Avg, Sq. Ft 1,329   Avg, Sq. Ft 1,944
Avg, $/Sq. Ft $201   Avg, $/Sq. Ft $194

 

Contract 2
Avg. List $ 279,900
Avg. DOM 42
Avg, Sq. Ft 1002
Avg, $/Sq. Ft $ 279

Home Sales in Hyde Park NY in March 2022

Sales 2022
Average ist  $418,300
Square Ft 1,834
Average $/Sq. Ft. $228
Average Sold $410,136
Average $/Sq. Ft. $224
Sales 14
DOM 50
Location Price
Madison  Ave $ 175,000
Fuller Rd $ 199,900
Holt Rd $ 200,000
W. Dorsey Ln $ 250,000
Crumwold Pl $ 255,000
Prince Rd $ 290,000
Crum Elbow $ 320,000
Schryver Ln $ 329,000
Mulford Ave $ 350,000
Roosevelt Rd $ 379,000
Chaucer $ 405,000
Potter Bend $ 435,000
Stoutenburgh Dr $ 670,000
Curry Ln $ 1,,483,000

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

If you are planning to sell your home, doing so sooner in the Spring could mean less competition and a higher selling price since the inventory is still low.

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.

Jennifer Fivelsdal of JFIVE Homes Realty LLC present - Hyde Park NY March 2022 home sales

 

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