Hudson Valley Musing

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Rhinebeck real estate market report during February 2012

 Rhinebeck NY real estate

In February only 1 home closed in Rhinebeck, this was 2 less than in February 2011.  At the same time 4 Rhinebeck homes for sale were listed, the price of these homes ranged from $285,000-$950,000.

 3 Rhinebeck homes received offers, and 2 of the 3 were listed for almost 2 million dollars.

The Rhinebeck home sold  had a list to sale price ratio of 75 percent, this home was on the market for 224 days.

What I can see from this report is that sellers need to price more competitively, this would lead to a faster sale and probably a higher price since a property on the market for a longer time can end up selling for less.

 

Montgomery Row

                                                  Montgomery Row

Rhinebeck NY Market Report For Single Family homes February 2012

Active 4  Offer 3
Average List $628,725 Average List $1,353,333
Average DOM 25 Average DOM 216
Average SQFT 2528 Average SQFT 3667
Average $/SQFT $249 Average$/SQFT $369
       
       

 

Sold 1    
Average DOM $495,900    
Average DOM 224    
Average SQFT 2400    
Average $/SQFT $207    
Average Sold   $407,000    

Average$/

SQFT

 $196    

 

Town of Rhinebeck NY - February 2012 Home Sales

ADDRESS PRICE
Charles Street $ 470,000




In February there were no sales in the Village, however 3 Rhinebeck Village homes for sale were listed ranginging from $499,000-$1,195,000.

1 homes received an offer and 1 went into contract.


Village of Rhinebeck NY Market Report - February 2012

 

Active 3  Offer 1
Average List $747,667 Average List $249,500
Average DOM 19 Average DOM 200
Average SQFT 3387 Average SQFT 1512
Average $/SQFT $221 Average$/SQFT $165
       

 

 

Contract 1    
Average List $495,000    
Average DOM 420    
Average SQFT 2000    
Average $/SQFT $248    

     

     

 

Data for report obatained from the Mid Hudson MLS

Copyright © by Jennifer Fivelsdal, all rights reserved- Rhinebeck real estate market  report during February 2012

 

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

www.jfivehomes.com or www.midhudsonhomevalue.com

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