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Real estate market report for Rhinebeck NY July 2012

Rhinebeck NY real estate update

The real estate market report for  Rhinebeck during the month of July showed 6 single family detached homes sold.  Selling price ranged from $132,900-$830,000, with an average selling price of $436,483.  Two of the homes sold were built in 1850 and 1890 and the newest house was built in  2002 it was also the most expensive.

How did the Rhinebeck Real Estate Market compare to July 2011? In July 2011 in Rhinebeck  1 single family detached home closed, therefore 6 sales this year would be considered a substantial increase.

The 7 listings which came on the market during July ranged in price from $209,900-$885,000, 5 of the 7 had square footage 2500 or higher.

Is this a good time to buy a house in Rhinebeck?  It must be, when the consumers are now saying it to real estate agents.  I suppose with the interest rates under 4 percent it is hard to deny it.

Town of Rhinebeck NY Real Estate Report -Single Family Detached Homes July 2012

Active 7 Contract
1
Average List $520,400 Average List $499,000
Average DOM 23 Average DOM 78
Average SQFT 4175 Average SQFT 3400
Average $/SQFT $125 Average $/SQFT $147
       
       

 

Sold 6    
Average List $436,483
 
Average DOM 210
 
Average SQFT 2412
 
Average $/SQFT $181
 
Average Sold $422,217
 
Average $/SQFT  $175
 

 

Town of Rhinebeck NY - July 2012 Home Sales

ADDRESS PRICE
 Slate Quarry Rd
$132,900
 River Road
$250,000
Route 9G $335,500
Morton Road $406,000
Winston Drive
$578,900
Route 308
$830,000
   

 

In the Village of Rhinebeck there was 1 sale this year and the same last year.   The average price of the home sold was $315,000  and it was originally listed  for $339,000.

Village of Rhinebeck NY Real Estate Report -Single Family Detached Homes July 2012

Active 5 Contract
1
Average List $654,560 Average List $339,000
Average DOM 30 Average DOM 101
Average SQFT 2734 Average SQFT 1884
Average $/SQFT $239 Average $/SQFT $180
       
       

 

Sold 1    
Average List $335,000
 
Average DOM 280
 
Average SQFT 1900
 
Average $/SQFT $176
 
Average Sold $315,000
 
Average $/SQFT  $166
 

 

Village of Rhinebeck NY - July 2012 Home Sales

ADDRESS
PRICE
Somers
 $315,000
   

 

 Data for report compiled from the Mid Hudson Multiple Listing Service and consist of  data only for homes listed on the MLS.

Copyright by Jennifer Fivelsdal, all rights reserved-Real estate market report for Rhinebeck NY  July 2012


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  Jennifer Fivelsdal  |   Real Estate Broker  |  jennifer@jfivehomes.com  www.jfivehomes.com  or  www.midhudsonhomevalue.com

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5 commentsJennifer Fivelsdal • August 17 2012 09:57PM
Real estate market report for Rhinebeck NY July 2012
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