The Town of Red Hook, NY located in Northern Dutchess County did not have a lot of real estate activity in December 2008.    Following are the statistics for the Town of Red Hook (Dutchess County) New York real estate provided by the Mid Hudson MLS system.

• Red Hook Homes for Sale Active Listings = 59.  One of those listings was new in December and one listing had a price reduction.

• Pending Sales = 1 (under contract)
• Accepted Offers = 2

• Solds/Closings = 2   There were 2 closings in December.

     18 Teator Lane, Red Hook sold for $315,000.

     5 Lore Lane, Red Hook sold for $435,000

• Highest price listed = $2,400,000
• Lowest price listed = $169,900
• Avg. Price listed     = $488,250 (skewed by highest price listed)

• The average days on market in The Town of Red Hook for December was 175 days or about 6 months

Red Hook is a great place to live full time or to have a weekend home.  Red Hook has a nice village center with retail shops, restaurants, antique centers, a grocery store and several pharmacies. The Kingston Rhinecliff Bridge is easily accessed for shopping in Kingston where you will find the Hudson Valley Mall and many chain retail shops and restaurants. It is very convenient to the Taconic State Parkway making a weekend drive up from New York City an easy drive.

If you are looking for a full time home or a weekend home now is a great time to buy.  Interest rates are the lowest they have been in many years and prices in Northern Dutchess County have come down in the past year.  

First time home buyers can now find nice family homes for under as little as $169,000 and there is the first time home buyer credit available for $7,500.  If you are thinking of buying a home now is a great time to look!

Check out the Featured Listings on my web site and do an MLS search and look at all the great possibilities.  Then, give me a call at 845-224-5238 and we can get started finding you the home of your dreams.