Red Hook NY home sales fell in April 2022
A look at Red Hook NY April 2022 home sales
Red Hook NY April 2022 home sales at two was four less than the same time last year. The homes sold had a Sale Price to List Price of 103 percent with the most expensive home selling above the list price.
One was a two-bedroom home from 1975 with square feet of 1832 which sold for $439,000.
The other; was a three-bedroom home from 2005 with square feet of 3,220 which sold for $1,050,000.
Average home price In April 2022
The average Red Hook sale price in April at $ 744,500 was higher than the $594,983 recorded for the same time last year.
These homes were on the market for an average of 101 days which was much higher than the 74 days recorded in April 2021.
Comparison of Red Hook NY April 2022/2021 home sales
| Comparison | 2021 | 2022 |
| Average List | $617,300 | $772,450 |
| Average Sold | $594,983 | $744,500 |
| Median List | $492,450 | – |
| Median Sold | $490,000 | – |
| Sales | 6 | 2 |
| DOM | 74 | 101 |
Other market activities
Six homes were added to the inventory, priced between $459,900 and $1,995,000 with square feet from 1468 to 4000. These homes were built between 1948 and 2007.
Eight homes received offers, built between 1910 and 2022 with square feet from 1,252 to 4,002. These two to five-bedroom homes were priced between 299,000 and 3,325,000.
Five homes went under contract, priced from $478,000 to $795,000, and were built between 1957 and 2019 with square feet from 1,804 to 3,600.
| Active | 5 | New | 1 | |
| Avg. List | $989,780 | Avg. List | $ 639,900 | |
| Avg. DOM | 10 | Avg. DOM | 2 | |
| Avg, Sq. Ft | 3,080 | Avg, Sq. Ft | 2,778 | |
| Avg, $/Sq. Ft | $321 | Avg, $/Sq. Ft | $230 |
| Offer | 6 | Offer CS | 2 | |
| Avg. List | $916,500 | Avg. List | $440,000 | |
| Avg. DOM | 38 | Avg. DOM | 17 | |
| Avg, Sq. Ft | 2,015 | Avg, Sq. Ft | 1626 | |
| Avg, $/Sq. Ft | $477 | Avg, $/Sq. Ft | $271 |
| Contract | 5 |
| Avg. List | $588,580 |
| Avg. DOM | 26 |
| Avg, Sq. Ft | 2,741 |
| Avg, $/Sq. Ft | $215 |
Home Sales in Red Hook in April 2022
| Sales | 2022 |
| Average ist | $722,450 |
| Square Ft | 1,416 |
| Average $/Sq. Ft. | $510 |
| Average Sold | $744,500 |
| Average $/Sq. Ft. | $526 |
| Sales | 2 |
| DOM | 101 |
| Location | Price |
| Linden Ave | $439,000 |
| Old Post Rd N | $1,050,000 |
The Village of Red Hook NY Home Sales In April 2022
In the village, there were two sales this April compared to three in April 2021. The sale price to list price came in at 101 percent with both homes selling above the list price.
One was a three-bedroom home from 1954 with square feet of 1,015 which sold for $316,000.
The other; was a two-bedroom home from 1957 with square feet of 1,080 which sold for $405,000.
Home Prices In April 2022
The average Village of Red Hook home price at $ 360,500 rose when compared to $315,633 recorded for the same time last year.
Comparison Village of Red Hook NY April 2022/2021 home sales
| Comparison | 2021 | 2022 |
| Average List | $321,133 | $357,000 |
| Average Sold | $315,633 | $360,500 |
| Median List | $284,500 | – |
| Median Sold | $284,500 | – |
| Sales | 3 | 2 |
| DOM | 94 | 45 |
| Active | 2 | Offer | 1 | |
| Avg. List | $440,000 | Avg. List | $ 429,000 | |
| Avg. DOM | 17 | Avg. DOM | 497 | |
| Avg, Sq. Ft | 2,108 | Avg, Sq. Ft | 2,200 | |
| Avg, $/Sq. Ft | $209 | Avg, $/Sq. Ft | $195 |
| Contract | 1 | |||
| Avg. List | $625,000 | |||
| Avg. DOM | 27 | |||
| Avg, Sq. Ft | 2,264 | |||
| Avg, $/Sq. Ft | $276 |
Home Sales in Red Hook Village in April 2022
| Sales | 2022 |
| Average List | $357,000 |
| Square Ft | 1,048 |
| Average $/Sq. Ft. | $341 |
| Average Sold | $360,500 |
| Average $/Sq. Ft. | $344 |
| Sales | 2 |
| DOM | 45 |
| Location | Price |
| Cambridge | $316,000 |
| Church St | $405,000 |
Is now a good time to sell your home?
Higher mortgage rates coupled with higher home prices will weaken buyers’ purchasing power.
Inflation will also have an impact on the housing market.
If you are thinking of selling doing so sooner than later would be a good move since inventory is still low.
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