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