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Market update for Red Hook NY home sales in June 2021

Red Hook NY home sales in June 2021 update revealed ten single-family detached homes sold compared to four in June 2020.  Back then COVID 19  entered our lives and  has been a disrupting force ever since.. Homes sold this year had a Sale Price to List Price of 103 percent since several homes came in higher than the list price.

The average sale price of $440,450  was less than the $ 1,126,840  recorded last June.  This vast difference was due to the fact two of the four sales last June were million-dollar sales. 

 A median sale price of $ 400,000 was also lower than the median of $1,002,500 recorded for June 2020.

Homes sold this June ranged in price from $238,500 to $806,000 and were built between 1830 and 2000.  These were three and four-bedroom homes with square feet from 925 to  3,210. 

This June, days on market came in at 51 which was much less than 120 days in June 2020.

Comparison of Red Hook real estate in June 2021  real estate to June 2020

Comparison	2020	2021
Average List	$1,122,975	$428,970
Average sold	$1,126,840	$440,450
Median list	$1,002,450	$424,000
Median Sold	$1,002,500	$400,000
Sales	4	10
DOM	120	51

During the month nine homes were added to the inventory of Red Hook homes for sale.  These ranged in price from $395,000 to $975,000 and consisted of three to five bedrooms.   The homes had square feet from 1,600 to 6,320 and were built between 1959 and 2007.

There were six offers; these three to four-bedroom homes were built between 1900 to 1993,  with square feet from 1,189 to 3,200.  The homes were priced between $299,900 and $825,000.   

Five homes went under contract, these had three and four  bedrooms with square footage from  1,152 to 2,500, built between 1831 and 2002, with prices ranging from $229,000 to $775,000

Other Real estate activities  during June 2021

Active	6
Avg. List	$569,833
Avg. DOM	61
Avg. Sq. Ft.	3,103
Avg $/Sq. Ft	$ 184
New	3
Avg. List	838,667
Avg. DOM	1
Avg. Sq. Ft.	3860
Avg $/Sq. Ft	$217
Offer	4
Avg. List	$ 485,725
Avg. DOM	116
Avg. Sq. Ft.	1,896
Avg $/Sq. Ft	256
Offer CS	2
Avg. List	$ 424,000
Avg. DOM	83
Avg. Sq. Ft.	1,648
Avg. $/Sq. Ft	257
Contract	5
Avg. List	$ 456,500
Avg. DOM	100
Avg. Sq. Ft.	1,822
Avg. $/Sq. Ft	$251
Sold	10
Avg. List	$ 428,970
Avg. DOM	44
Avg. Sq. Ft.	2,138
Avg.$/ Sq. Ft.	$201
Avg. Sold.	$ 440,450
Avg. $/Sq. Ft.	$ 206

 

Location	Sale Price
Cornell Ave	$  238,500
Adams Rd	$   290,000
Elm St	$   315,000
Route 199	$   390,000
Vosburgh Rd	$   400,000
Aspinwall Rd	$  400,000
W Kerley Corner	$  500,000
Mill RD	$  510,000
Grandmour Dr	$  555,000
Deer Run	$  806,000

Village of Red Hook real estate update

During June four homes sold in the village compared to one last June.  These homes had a sale price to list price of ninety seven percent.

The average sale price of $329,975 was higher than the $285,140  in June 2020, and the median this June was $345,000.

These homes ranged in price from $200,000 to $429,900. Built between 1900 and 1958 with square feet from 900 to 1812. With two and three bedrooms.

Comparison of the Village of Red Hook NY home sales in June 2021   to June 2020

Comparison	2020	2021
Average List	$272,400	$339,725
Average sold	$285,140	$329,975
Median list	$0	$347,000
Median Sold	$0	$345,000
Sales	1	4
DOM	117	39

One house was added to the inventory of village homes for sale.  (see table below)

There were five homes with offers ranging in price from $317,500 to $750,000 and were built between 1930 and 1958 with one to five bedrooms and square feet from 1084 to 5235.

One house went under contract (see table below)

Comparison of Village of Red Hook real estate June 2021

Active	1
Avg. List	$ 459,000
Avg. DOM	192
Avg. Sq. Ft.	2,200
Avg $/Sq. Ft	$209
Offer	5
Avg. List	$518,000
Avg. DOM	43
Avg. Sq. Ft.	2796
Avg $/Sq. Ft	$ 185
Contract	1
Avg. List	$ 309,000
Avg. DOM	189
Avg. Sq. Ft.	1900
Avg $/Sq. Ft	$163

Sold	4
Avg. List	$ 339,725
Avg. DOM	39
Avg. Sq. Ft.	1,402
Avg.$/ Sq. Ft.	$242
Avg. Sold.	$329,975
Avg. $/Sq. Ft.	$235

Village of Red Hook NY home sales in June  2021

 

Location	Sale Price
Fraleigh	$  200,000
Kent Rd	$  265,000
Garden St	$  425,000
Garden St	$  429,900

Data used in this report was obtained from the Mid Hudson MLS. Information deemed reliable but not guaranteed.