Red Hook NY real estate June 2017 market update

A look at Red Hook NY real estate June 2017 update

Red Hook NY real estate June 2017 update showed nine single family homes sold, one more than in June 2016.

As you can see in the chart below both median and average price came in lower than same time last year. This was because the highest sale last June was $$770,000 while this year it was $470,000.

Red Hook NY real estate June 2017

Two of the nine homes sold for more than listed which resulted in a sale price to list price of 101 percent.

Eight of the homes sold were under $350,000. This is the price range that is moving, so, you can expect multiple offers in this range.  Good news for sellers since they will get close to or above asking.  This is a bit frustrating for buyers as they might get notified by Zillow that a new listing is on the market and it is gone before a showing appointment can be made made.

Let’s take a look at the present Red Hook NY  inventory of homes for sale.

Start your red Hook home search right here.Red Hook NY real estate June 2017 Red Hook NY real estate June 2017 comparison to June 2016

Comparison 2016 2017
Average List $327,975 $255,256
Average sold $319,944 $ 257,611
Median List $ 292,000 $ 249,000
Median Sold $273,000 $242,000
Sales 8 9
DOM 122 82

Homes listed in June ranged in price  from $199,000 to 979,000.  These, mostly three bedroom  homes, were built between 1939 and 2005.

There were eight homes with offers ranging in price from $212,500 to $499,900.  Seven of the eight homes had three bedrooms and were built between 1957 and 2010.

Two homes went under contract; one from  1810 priced at $499,00 and  the other from 1984 priced at $235,000. Both had three bedrooms.

Red Hook NY real estate June 2017 activities

Active 8
Avg. List $423,488
Avg. DOM 19
Avg. Sq. Ft. 2413
Avg $/Sq. Ft $170
Offer 3
Avg. List $346,600
Avg. DOM 7
Avg. Sq. Ft. 2751
Avg $/Sq. Ft $126
Offer CS 5
Avg. List $367,260
Avg. DOM 45
Avg. Sq. Ft. 2355
Avg $/Sq. Ft $156
Contract 2
Avg. List $367,000
Avg. DOM 322
Avg. Sq. Ft. 2178
Avg $/Sq. Ft $169
Sold 9
Avg. List $255,256
Avg. DOM 75
Avg. Sq. Ft. 1692
Avg.$/ Sq. Ft. $151
Avg. Sold. $257,611
Avg. $/Sq. Ft. $152

 

Red Hook real estate sales June 2017

Location Sale Price
Spring Lake Rd $150,000
East Kerley Corners $175,000
Trow Blvd $200,000
Jefferson Rd $216,500
Mountain View Court $242,000
Cedar Dr $250,000
Chestnut St $275,000
Rokeby Rd $340,000
Metzger Rd $470,000

In the village there were two sales. That is one more than June 2016.  Both average and median price came in higher this June and the sale price to list price of the homes sold was 95 percent.

Village of Red Hook NY real estate June 2017 comparison to June 2016

Comparison 2016 2017
Average List $ 219,900 $264,000
Average sold $ 224,000 $251,500
Median List $ 219,900 $264,000
Median Sold $ 224,000 $251,500
Sales 1 2
DOM  3  34

There were also three offers during the month ranging in price from $150,000 to $295,000.  These homes were built between 1900 and 1990 with square footage from 864 to 1665.

One house went under contract. It was built in 1890 with square footage of 1746.

Village of Red Hook NY real estate activities

Offer CS 3
Avg. List $ 231,633
Avg. DOM 47
Avg. Sq. Ft. 1746
Avg $/Sq. Ft $183
Contract 1
Avg. List $275,000
Avg. DOM 37
Avg. Sq. Ft. 1746
Avg $/Sq. Ft $158
Sold 2
Avg. List $ 264,000
Avg. DOM 34
Avg. Sq. Ft. 1420
Avg $/Sq. Ft $186
Avg Sold $251,500
Avg $/Sq. Ft $177

Village of Red Hook Sales June 2017

Location Sale Price
Smith $245,000
W Market St $258,000

Additional Red Hook NY real estate reports

January

February

March

April

May

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

Meet the Author

Jennifer Fivelsdal

Jennifer Fivelsdal is the Licensed Real Estate Broker/Owner of JFIVE Homes Realty LLC. She is located in the Mid Hudson Valley region of NY. Jennifer loves photography and incorporate her photos in her Blog to give her readers a feel for the area. Many of her photographs includes the majestic Hudson River and Catskills. Gardening is also another passion for Jennifer and this too will be captured in her photos and Blog. Most of all she really enjoy helping her clients achieve their real estate goals.