Red Hook NY home sales in February 2022 down from last February

Red Hook NY home sales in February 2022 down from last February

Red Hook NY home sales February 2022

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

Comparison 2021 2022
Average List  $ 426,180       $ 718,333
Average Sold $ 422,200 $ 695,833
Median List $ 424,900 $ 580,000
Median Sold $ 436,000 $ 580,000
Sales 5 3
DOM 47 93

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

Active 2   Offer 1
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
Contract 1
Avg. List  $465,000
Avg. DOM 15
Avg. Sq. Ft. 1,958
Avg $/Sq. Ft $237

Home Sales in February 2022 

Sales 2022
Average List $718,333
Square Ft 2,609  
Average $/Sq Ft $275
Average Sold $695,833
Average $/Sq Ft $267
Sales 3
DOM 93

Sales location for Red Hook homes in February

Locaion Sales Price
Fraleigh Ln $ 457,500
W. Market St $ 580,000
Crestwood $1,050,000

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

Comparison 2021 2022
Average List $619,000   
Average Sold $589,000
Median List
Median Sold
Sales 2
DOM 120
Active 1   Offer 2
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.

Jennifer Fivelsdal

No Comments

Leave a Comment

Your email address will not be published.