About Dutchess County, NY

During the month of January 14 more single family homes were sold, when compared to last year. However the average selling price was down by 13.7 percent. The median on the other hand was up 2.7 percent. There was a slight drop in the days on market as well as in the inventory. The purchase offer at the begining of the month was down 14 percent.

Market Report For Dutchess County - Single Family Detached

Year	Average Price	Median Price	# of Sales	DOM	Inventory	Absorption Rate	Purchase offer Jan 1
January 09	$372,413	$280,000	86	134	1668	19.39	110
Dec. 09	$347,997	$265,000	144	132	1838	12.76	142
Janauary 10	$321,216	$287,500	100	133	1607	16.07	126

The single family attached sector saw a 20 percent increase in the average sale price and a 22.3 percent in the median sale price.

However the number of sales was exactly half of what it was in December.

Market Report For Dutchess County - Single Family Attached

	Average Price	Median Price	# of Sales	DOM	Inventory	Absorption Rate	Purchase offer Jan 1
January 09	$180,150	$177,500	10	134	309	30.9	17
Dec. 09	$188,403	$179,000	26	110	392	15.07	33
Janauary 10	$216,596	$217,000	13	106	349	28.84	18

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Jennifer Fivelsdal- Broker- JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com

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In Hyde Park during the month of January 3 homes sold, ranging from $85,000 a banked owned property to $227,500. The majority of the properties available for sales were priced under 300,000. With those prices first time buyers could find a home to call their own and benefit from the Tax credit.

Hyde Park NY Real Estate Report - January 2010

Active	21	New	3
Average List	$314,968	Average List	160,967
Average DOM	22	Average DOM	7
Average SQFT	1897	Average SQFT	1344
Average $/SQFT	$166	Average $/SQFT	$120

Offer	1	Offer CS	5
Average List	$339,000	Average List	$251,780
Average DOM	92	Average DOM	100
Average SQFT	1896	Average SQFT	1683
Average $/SQFT	$179	Average $/SQFT	$150

Contract	4	Sold	3
Average List	$242,975	Average List	$175,933
Average DOM	188	Average DOM	117
Average SQFT	1530	Average SQFT	1145
Average $/SQFT	$159	Average $/SQFT	$154
		Average Sold	$167,167
		Average $/SQFT	$146

Town of Hyde Park - January Sales

Address Price

Cobey Ter	$85,000
Horseshoe Drive	$$189,000
Robert Drive	$227,500

Jennifer Fivelsdal- Broker- JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com

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During the month of January 2010 there were 5 sales in the Town of Rhinebeck and 2 in the village. Of the 12 active listings 7 were priced over $ 700,000 and 4 of those over $1,500,000.

If you are considering selling your Rhinebeck home this is a good time to do so, of course it is important to make sure the house is in condition that will attract buyers. With that in mind now would be the time to do some spring cleaning.

Town of Rhinebeck NY Real Estate Report - January 2010

Single Family Detached

Active	12	Offer	1
Average List	$1,183,742	Average List	$85,000
Average DOM	19	Average DOM	40
Average SQFT	3594	Average SQFT	850
Average $/SQFT	$329	Average $/SQFT	$100

Offer CS	2	Sold	5
Average List	$404,450	Average List	$446,980
Average DOM	118	Average DOM	143
Average SQFT	1810	Average SQFT	2363
Average $/SQFT	$224	Average $/SQFT	$189
		Average Sold	$418,500
		Average $/SQFT	$177

Town of Rhinebeck - January Sales

Address Price

River Road	$207,500
Jones	$220,000
Wey Road	$300,000
Stortini Drive	$475,000
Miles Wood Road	$890,000

Village of Rhinebeck Market Report - January 2010

Active	4	New	1
Average List	$411,750	Average List	$259,900
Average DOM	18	Average DOM	7
Average SQFT	2228	Average SQFT	2000
Average $/SQFT	$185	Average $/SQFT	$130

Offer	1	Sold	2
Average List	$259,900	Average List	$187,500
Average DOM	315	Average DOM	34
Average SQFT	1482	Average SQFT	1193
Average $/SQFT	$175	Average $/SQFT	$157
		Average Sold	$182,750
		Average $/SQFT	$153

Village of Rhinebeck January 2010 Sales

Addresss Price

Oak Street	$180,500
Orchard Street	$185,000

Rhinebeck Real Estate Market Report - January 2009

****Data for report obatained from the Mid Hudson MLS

Start your search here for homes for sale in the Rhinebeck NY

Jennifer Fivelsdal- Broker- JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com

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This is the first market report for Red Hook in 2010. Real estate is one of those things that will always be a part of our world, people get married, have children and relocated; these are just some of the reasons why there will always be a market.

Are you thinking of selling this spring? now might be a great time to consider putting the house on the market, keep in mind the tax credit ends April 30th and many buyers hoping to take advantage of this credit are now out shopping.

Can you guess which is one of the most used mortgage product at this time? It is the FHA, one reason for this it has a lower down-payment.

During Janauary there were 4 sales in the town of Red Hook and 1 in the village of which one was a bank owned property. It was also noted that 3 of the 5 sales had price about $300,000 here is hoping this trend continues.

Town of Red Hook Market Report January 2010

Active	13	Offer CS	1
Average List	$466,769	Average List	$239,900
Average DOM	22	Average DOM	109
Average SQFT	2575	Average SQFT	244
Average $/SQFT	$181	Average $/SQFT	98

Price Change	1	Sold	4
Average List	$310000	Average List	$421,158
Average DOM	56	Average DOM	108
Average SQFT	1600	Average SQFT	3037
Average $/SQFT	$194	Average $/SQFT	$139
		Average Sold	$369,958
	Town of	Average $/SQFT	$122

Town of Red Hook January Sales

Address Price

Route 9G	$115,830 (REO)
Elm Street	$375,000
Carriage Drive	$390,000
Toms Way	$599,000

Village of Red Hook Market report January 2010

Active	1	Sold	1
Average List	$269,000	Average List	$249,000
Average DOM	33	Average DOM	182
Average SQFT	850	Average SQFT	1820
Average $/SQFT	$316	Average $/SQFT	$137
		Average Sold	$230,000
		Average $/SQFT	$126

Village of Red Hook January 2010 Sales

Addresss Price

Margaret Street	$230,000

Red Hook Real Estate Market Report - January 2009

Start your search here for homes for sale in the RED Hook NY

Jennifer Fivelsdal Broker - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com

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**** Informational only; deemed reliable but is not guaranted

Data for report obtained from the Mid Hudson Multiple Listing Service

What is the Bocuse d'Or competion? I was told Iron Chef is modeled after this event. So if you are a foodie you will want to head over to the CIA in Hyde Park tomorrow February 6 to catch the finals. The winner of the competition will compete in Bocuses d'Or international.

The CIA (Culinary Institute of America) is very honored to be hosting such a competition. There is much activities planned for the day such as celebrity Chef Demos and Seminars. The event will run from 8:00 Am to 6:00 PM

Unfortunately the award dinner celebration planned for later in the day is already sold out.

Jennifer Fivelsdal 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com

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e day is already sold out.