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Market update for Red Hook NY home sales in August 2021

Market update for Red Hook NY home sales in August 2021

Red Hook NY home sales in August 2021
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Red Hook NY Home sales in August 2021

The  Red Hook NY August  2021 home sales came in at six which was eight less than the same time last year.   These homes had a Sale Price to List Price of one hundred percent with two homes selling above list price.

An average home sale price of $ 673,833 was recorded this August, which was much higher than the $512,494 recorded last August. 

The median home sale price of $565,000  was also higher than the $383,700 in August 2020.

Homes sold ranged in price from $ 305,000 to $1,265,000. The homes sold were built between 1880 and 2002 with three to five bedrooms, and square feet from 1,196 to 4,860

These homes were on the market an average of 100 days before selling compared to 88 at the same time last year.

Comparison of Red Hook NY August 2021  real estate to August 2020

Comparison

2020

2021

Average List

$518,450

$671,300

Average sold

$512,494

 $673,833

Median list

$385,000

$597,000

Median Sold

$383,,700

 $565,000

Sales

14

6

DOM

88

100

     

Other real estate activities in August 2021

Four homes were added to the inventory of Red Hook NY homes for sale.  These homes ranged in price from $525,000 to $1,250,000 and consisted of two to five bedrooms.   The homes  had  square feet from 1,792 to 4,000 and were built between 1860 and 1992

There were four offers; these three and four-bedroom homes were built between 1735 and 2006  with square feet from 1,391 to 4,400. These homes had a price range from $389,000 to $899,000.

Eight homes went under contract, these two to six-bedroom homes with square feet from 1,735 to 4224, built between 1806 and 1998 and  priced from $375,,000 to $1,275,000

Other real estate activities 

Active

4

Avg. List

$829,750

Avg. DOM

12

Avg. Sq. Ft.

3126

Avg $/Sq. Ft

$265

   

Offer 

3

Avg. List

$595,967

Avg. DOM

77

Avg. Sq. Ft.

2551

Avg $/Sq. Ft

$234

   

Offer CS

`

Avg. List

$550,000

Avg. DOM

27

Avg. Sq. Ft.

2,168

Avg $/Sq. Ft

$254

   

Contract

8

Avg. List

$839,738

Avg. DOM

41

Avg. Sq. Ft.

2756

Avg $/Sq. Ft

$305

   

Sold

6

Avg. List

$671,300

Avg. DOM

100

Avg. Sq. Ft.

2450

Avg.$/ Sq. Ft.

$274

Avg. Sold.

$673,833

Avg. $/Sq. Ft.

$ 275

Red Hook real estate sales in August 2021

Location

Sale Price

Whalesback Rd

$ 305,000

Vassar Dr.

$ 348.000

Knox Rd

$ 430,000

Williams Rd

$ 700,000

Albany Post Rd

$ 995,000

Friendship St

$ 1,265,000

Village of Red Hook NY August 2021 real estate update.

During the month two single-family homes sold in the Village of Red Hook, two less than last August. Since one transaction sold for more than the list price, the sale price to list price came in at 104 percent. (see table below)

This August the average sales price came in at $346,250 compared to $324,881 for the same time last year.

Days on market at 126 was up from  53 days in August 2020.

Comparison of home sales  in August 2021 to August 2020

Comparison

2020

2021

Average List

$315,250

$332,000

Average sold

$324,881

$346,250

Median list

$308,500

 –

Median Sold

$296,000

Sales

4

2

DOM

53

126

     

 Real Estate activities for the Village during August 2021

Offer CS

1

Avg. List

$ 369,000

Avg. DOM

30

Avg. Sq. Ft.

897

Avg $/Sq. Ft

$411

   

Sold

2

Avg. List

$332,000

Avg. DOM

126

Avg. Sq. Ft.

1970

Avg.$/ Sq. Ft.

$169

Avg. Sold.

$346,250

Avg. $/Sq. Ft.

$176

Village of Red Hook real estate sales August 2021

Location

Sale Price

St John

$ 207,500

Cambridge Dr

$ 485,000

Data used in this report was obtained from the Mid Hudson MLS.  Information deemed reliable but not guaranteed.

If you are planning to sell or purchase real estate I would welcome the opportunity to assist you.  Please call or text 845-594-9947 | Jennifer Fivelsdal | Real Estate Broker |  JFIVE Homes Realty LLC.

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