Red Hook Real Estate Market Trends
Market Overview for Quarter 3, 2023
Median Sale Price
35.3% YoY
Median Price/Sqft
9.2% YoY
No. of Transactions
-40% YoY
County Median Sale Price
7.6% YoY
In Q3, the median home sale price in Red Hook was $575K, an increase of 35.3% year-over-year. By contrast, sales activity trended down with 21 deals closed, representing a decline of -40% compared to the same period last year. The median price per square foot in Q3 was $273, a change of 9.2% year-over-year, while the median sale price in Dutchess County was $425K.
Top Cities in Dutchess County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Rhinebeck | $580,000 |
| 2 | Red Hook | $575,000 |
| 3 | East Fishkill | $575,000 |
| 4 | Beacon | $537,500 |
| 5 | Wappinger | $438,500 |
| 6 | LA Grange | $435,450 |
| 7 | Beekman | $415,450 |
| 8 | Fishkill | $387,500 |
| 9 | Poughkeepsie | $370,000 |
| 10 | Hyde Park | $359,000 |
Residential Property Types Sold in Red Hook
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $575K | 35.3% | $273 | 9.2% | 21 |
The Q3 median sale price for Red Hook houses was $575K, increasing 35.3% year-over-year. While the median for houses was trending up, condo prices in Red Hook remained flat year-over-year at -.
See also
Fair use and redistribution
We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.
Disclaimer
PropertyShark.com provides commercial market trend information (Data) on an "as is" basis for the user's personal use. Data comes from publicly available sources which can be out of date. PropertyShark.com provides no warranties regarding title, merchantability, or fitness for a particular purpose. While reasonable efforts are made toward maintaining a high standard of quality of information, PropertyShark.com does not warrant the accuracy, completeness, timeliness or other characteristics of the Data.