Market update for Red Hook NY January 2022 home sales.
Red Hook NY January 2022 home sales
The Red Hook NY January 2022 home sales came in at four which was five less than the nine sales recorded for the same time last year. These homes had a Sale Price to List Price of one hundred and thirty-nine percent with all four homes selling above list price. One home sold over a million dollars above list price, it was also the most expensive sale in Dutchess County in January.
Homes sold ranged in price from $ 342,000 to $3,150,000 and were built between 1930 and 2009 with two to four bedrooms and square feet from 879 to 4,338.
Home Price In January 2022
In January 2022 the average Red Hook sale price was $1,068,100 compared to $460,767 In January 2021. This was due to the multi-million-dollar sale.
A median home sale price of $390,200 was higher than the $315,000 for January 2021.
These homes were on the market an average of 43 days down from 83 days during the same period last year.
Comparison of January 2022/2021 home sales
| Comparison | 2021 | 2022 |
| Average List | $ 471,556 | $ 766,975 |
| Average Sold | $ 460,767 | $ 1,068,100 |
| Median List | $ 335,000 | $ 366,500 |
| Median Sold | $ 315,000 | $ 390,200 |
| Sales | 9 | 4 |
| DOM | 88 | 43 |
Other market activities in January 2022
Three homes were added to the inventory ranging in price from $879,900 to $3,325,000. Built between 1900 and 2022, these four and five-bedroom homes had square feet from 2,305 to 4,002.
Two homes received offers, one was built in 2018 with square feet of 3,400 and priced at $1,345,000., and the other from 1985 with square feet of 4085 and priced at $685,000.
One home went under contract, priced at $475,000, and was built in 1974 with square feet of 1,968 and priced at $475,000
| ACTIVE | 3 | OFFER | 1 | |
| Avg. List | 2,268,300 | Avg. List | $1,345,000 | |
| Avg. DOM | 8 | Avg. DOM | 101 | |
| Avg. Sq. Ft. | 3037 | Avg. Sq. Ft. | 3,400 | |
| Avg $/Sq. Ft | $747 | Avg $/Sq. Ft | $396 |
| OFFER CS | 1 | CONTRACT | 1 | |
| Avg. List | $685,000 | Avg. List | $475,000 | |
| Avg. DOM | 118 | Avg. DOM | 101 | |
| Avg. Sq. Ft. | 4,085 | Avg. Sq. Ft. | 1,968 | |
| Avg $/Sq. Ft | $168 | Avg $/Sq. Ft | $241 |
| SALES | 2022 | LOCATION | SALE PRICE | |
| Avg. List | $766,975 | Fisk | $ 342,000 | |
| Square Ft | 2,224 | Blue Echo | $ 379,400 | |
| Average $/Sq Ft | $345 | Edgewood Dr | $ 401,000 | |
| Average Sold | $ 1,068,100 | Starbarrack Rd | $ 3,150,000 | |
| Average $/Sq Ft | $480 | |||
| Sales | 4 | |||
| DOM | 43 |
The Village of Red Hook NY Home Sales In January 2022
In the village, there were two sales, one a four-bedroom house from 1965 with square feet of 2,210 and priced at $415,000. The other, also a four-bedroom house built in 1872 with square feet from 2,044 and priced at $590,000.
Comparison of January 2022/2021 Home Sales in the Village
| Comparison | 2021 | 2022 |
| Average List | $292,000 | $499,000 |
| Average Sold | $288,750 | $ 502,500 |
| Median List | $ – | $- |
| Median Sold | $ – | $- |
| Sales | 2 | 2 |
| DOM | 87 | 58 |
| SALES | 2022 | LOCATION | SALE PRICE | |
| Avg. List | $499,000 | Fraleigh St | $ 415,000 | |
| Square Ft | 2,127 | Church St | $ 590,000 | |
| Average $/Sq Ft | $235 | |||
| Average Sold | $502,500 | |||
| Average $/Sq Ft | $236 | |||
| Sales | 2 | |||
| DOM | 58 |
Data used in this report was obtained from the Mid-Hudson MLS
Planning to sell your home this year?
Now would be a good time to do so, since the inventory is low thus less competition. The demand is still there so you would likely get a better price for your home.
If you need some advice on getting ready to sell your home Contact Jennifer Fivelsdal | Real Estate Broker | JFIVE Homes Realty LLC | 845-594|-9947 or use the form below to tell us where to send your copy.
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