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Market update for Red Hook NY home sales in December 2023

Market update for Red Hook NY home sales in December 2023

  Red Hook NY home sales in December 2023

In Red Hook NY home sales in December 2023 of single-family detached homes came in at three, half that of December 2022. The sale price to the list price was ninety-seven percent.

These homes ranged in price from  $451,100 to $669,000 and were built between 1964 and 1986, with square feet from 1,725 to 3,336

Average and median prices for Red Hook NY home sales in December 2023

The average sale price of these homes was $560,033 compared to an average sale price of $546,467 in December 2022.

A median sale price of $560,033 was recorded this December, which was more than the  $298,500 at the same time last year

This December homes were on the market for an average of 50 days, compared to 48  at the same time in 2022.

 

Comparison of  December 2023/2022 Home Sales

Comparison  2022 2023
Average List $550,817 $451,100
Average Sold $546,467 $560,033
Median List $324,000 $589,900
Median Sold $298,500 $560,000
Sales 6 3
DOM 48 50

 

Other market activities during December 2023

One home was added to the inventory, a 2600 square feet home from 2022 priced at $859,000

Four homes received offers.  The homes were priced between $ 299,000 and $585,000, built between 1958 and 1986, with square feet from 1075 to 2600.

A 3,366 square feet home from 1962 and priced at $1,900,000 went under contract.

Breakdown of Red Hook NY home sales in December 2023

Active 1
Avg. List $859,000
Avg. DOM 167
Avg. Sq. Ft. 2,600
Avg $/Sq. Ft $330
Offer 3
Avg. List $411.300
Avg. DOM 74
Avg. Sq. Ft. 1,725
Avg $/Sq. Ft $238
Offer CS 1
Avg. List $530,000
Avg. DOM 31
Avg. Sq. Ft. 2,200
Avg $/Sq. Ft  $241
Contract 1
Avg. List $1,900,000
Avg. DOM 34
Avg. Sq. Ft. 3,366
Avg $/Sq. Ft $564

 

Sales  2023
Average List $579,300
Square Ft 2,266
Average $/Sq Ft $256
Average Sold $560,033
Average $/Sq Ft $247
Sales 3
DOM 50

 

Location Price
Elm St $451,100
Apple Ring Rd $560,000
W Bard Ave $669,000
***St Paul Rd $155,000

***  A sale on St Paul priced at $155,000 was shared, but not listed on the Mid Hudson MLS

 

Village of Red Hook NY real estate in December 2023

During December 2023 no sales were recorded in the Village of Red Hook, by the Mid Hudson MLS. There were three sales in December 2022.

 

Comparison of  home sales for December 2023 and 2022

Comparison 2022 2023
Average List  $431,633 $-
Average Sold $421,692 $-
Median List $425,000 $-
Median Sold $430,075 $-
Sales 3
DOM 45

 ***Data used in this report was obtained from the Mid Hudson MLS

 

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