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Market update for Red Hook NY home sales in November 2023

Market update for Red Hook NY home sales in November 2023

  Red Hook NY home sales in November 2023

According to the Red Hook NY home sales in November 2023 market update, five homes sold.  This was one more than in November 2022.

With four of the five homes selling above the list price, the sale price to the list price was 105 percent.

These homes ranged in price from  $545,000 to $880,000, built between 1970 and 2007, with square feet from 1,874 to 2,520

.

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

The average sale price of these homes was $740,800 compared to an average sale price of $456,125 in November 2022.

A median sale price of $746,500 was recorded this November, more than the  $431,000 at the same time last year.

Homes were on the market for an average of 46 days, compared to 44 days in November 2022.

 

Comparison of  November 2023/2022 Home Sales

Comparison  2022 2023
Average List $470,500 $706,300
Average Sold $456,125 $740,800
Median List $431,000 $725,000
Median Sold $431,000 $746,500
Sales 4 5
DOM 44 46

 

Other market activities during November 2023

Four homes were added to the inventory, priced from $289,000 to $1,900,000, built between 1958 and 2004, with square feet from 1,008 to 3,366.

There were two offers, one priced at $585,000 built in 1965 with square feet of 2600.  The other from 2022 with square feet of 2,600 and priced at $859,000.

Two homes went under contract, one priced at $289,000 built in 1920 with square feet of 740.  The other from 1977 with square feet of 1186 and priced at $995,000.

Breakdown of Red Hook NY home sales in November 2023

Active 4
Avg. List $908,250
Avg. DOM 10
Avg. Sq. Ft. 2390
Avg $/Sq. Ft $380
Offer 2
Avg. List $722,000
Avg. DOM 100
Avg. Sq. Ft. 2,600
Avg $/Sq. Ft $278
Contract 2
Avg. List $642,000
Avg. DOM 144
Avg. Sq. Ft. 1,186
Avg $/Sq. Ft $541
Sales  2023
Average List $706,300
Square Ft 2,231
Average $/Sq Ft $317
Average Sold $740,800
Average $/Sq Ft $332
Sales 5
DOM 46

 

Location Price
Budds Corners $545,000
E Willet $652,000
Schuyler Dr $746,500
E Kerley Corners $880,000
Victory Lane $880,000

****  A sale on Pitcher Lane priced at $542,000 was shared with, but not listed on the Mid Hudson MLS

Village of Red Hook NY real estate in November 2023

In the village of Red Hook NY, the Mid Hudson MLS did not record any real estate sales in November 2023.  There was, however, one house from 1900 under contract.

 

Comparison of  home sales for November 2023 and 2022

Comparison 2022 2023
Average List $451,500 $-
Average Sold $447,750 $-
Median List $- $-
Median Sold $- $-
Sales 2
DOM 110

Other real estate activities during November 2023

 

Contract 1
Avg. List $317,000
Avg. DOM 102
Avg. Sq. Ft. 1,344
Avg $/Sq. Ft $236

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

 

If you are looking for a Red Hook home, start your home search here

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