Market update for Red Hook NY home sales in February 2022
Red Hook NY home sales in February 2022 at three was two less than the five sales recorded for the same time last year. These homes had a Sale Price to List Price of ninety-seven percent with two of the three homes selling below list price and the other sold at list price.
Homes sold ranged in price from $457,500 to $1,050,000 and were built between 1860 and 1974 with three and four bedrooms and square feet from 1,968 to 3,514.
Home Price In February 2022
This February the average Red Hook sale price was $695,833 compared to $422,200 In February 2021 since there was a million-dollar sale this year
These homes were on the market an average of ninety-three days up from the 47 days during the same period last year.
Comparison of February 2022/2021 home sales
|Average List||$ 426,180||$ 718,333|
|Average Sold||$ 422,200||$ 695,833|
|Median List||$ 424,900||$ 580,000|
|Median Sold||$ 436,000||$ 580,000|
Other market activities for February 2022
Two homes were added to the inventory, one priced at $799,000 with square feet of 2,400, and were built in 1900. The other is priced at $2,350,00 with square feet of 2,930 being built this year.
Two homes received offers, one built in 1975 with square feet of 1832 and priced at $449,900, the other from 1985 with square feet of 4085 and priced at $685,000.
One home went under contract, priced at $465,000, and was built in 1940 with square feet of 1,958.
Activities In February 2022 Red Hook NY
|Avg. List||$1,574,500||Avg. List||$ 567,450|
|Avg. DOM||15||Avg. DOM||156|
|Avg. Sq. Ft.||2,665||Avg. Sq. Ft.||2,958|
|Avg $/Sq. Ft||$591||Avg $/Sq. Ft||$ 192|
|Avg. Sq. Ft.||1,958|
|Avg $/Sq. Ft||$237|
Home Sales in February 2022
|Average $/Sq Ft||$275|
|Average $/Sq Ft||$267|
Sales location for Red Hook homes in February
|Fraleigh Ln||$ 457,500|
|W. Market St||$ 580,000|
The Village of Red Hook NY Home Sales In February 2022
In the village there were no sales this February while there were two in February 2021.
One house was added to the inventory and two others received offers
|Avg. List||$349,900||Avg. List||$ 357,000|
|Avg. DOM||1||Avg. DOM||19|
|Avg. Sq. Ft.||1,164||Avg. Sq. Ft.||1,048|
|Avg $/Sq. Ft||$301||Avg $/Sq. Ft||$ 341|
Thinking of selling your home? Now is the time to act
Spring is here, a time when home inventory increases.
If you are planning to sell your home, doing so sooner in the Spring could mean less competition and a higher selling price.
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.
Find out what your home could sell for.