Hudson Valley Musing

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Rhinebeck and Village of Rhinebeck NY Real Estate Market Report for February 2011

In Rhinebeck during the month of February 3 homes sold ranging from $410,000-$574,500

February 2010 market report showed just 1 sale, the home sold for $68,000, needed TLC and was only 850 square feet.  A year later the average square feet on the homes sold was 2400 with average selling price of $486,500. 

The village did not have any sales in February however there were 2 homes under contract and 1 with an offer.

At the moment there are over 80 properties on the market for sale in Rhinebeck ranging from 100's to almost 10 million dollars.  If your home has been on the market for sometime have you adjusted the price?  Keep in mind you have to price according to the existing market, not what it was or what you would like it to be.

Below is the detailed report for February 2011

Town of Rhinebeck NY Real Estate Report - February

                              Single Family Detached

 

Active 6 Offer 1
Average List $659,783 Average List $225,000
Average DOM 18 Average DOM 189
Average SQFT 2835 Average SQFT 2200
Average $/SQFT $233 Average $/SQFT $102
       
       

  

Contract 2 Sold  3
Average List $239,900 Average List  $504,633
Average DOM 154 Average DOM  145
Average SQFT 2056 Average SQFT  2400
Average $/SQFT $117 Average $/SQFT  $210
  Average Sold  $486,500
  Average $/SQFT  $203

 

  Town of Rhinebeck NY -February 2011 Home Sales

 

ADDRESS  PRICE
Vlei Road $ 410,000
Burger Road $ 475,000
Route 9G  $574,500
   
   

   

  Village of Rhinebeck NY Market Report - February 2011

   

Active 2 Offer 1
Average List $567,700 Average List $449,900
Average DOM 17 Average DOM 271
Average SQFT 2795 Average SQFT 2494
Average $/SQFT $203 Average $/SQFT $180
     
     

   

Contract 2  
Average List $327,450  
Average DOM 150  
Average SQFT 1400  

Average $/SQFT

$234

 

 
   
   

  

 

Data for report obtained from Mid Hudson Multiple listing Services.  Deemed reliable but not guaranteed

 Copyright © by Jennifer Fivelsdal, all rights reserved- Rhinebeck and Village of Rhinebeck NY Real Estate Market Report for February 2011

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  162 Deer Run Road, Red Hook NY 12571| 845-758-6842

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

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HOW'S THE MARKET? FIND A HOME BUYERS SELLERS BLOG
3 commentsJennifer Fivelsdal • March 08 2011 11:18AM

Comments

Jennifer: It's looks like you have alot of lookers in your area but not many serious buyers . The Spring is coming and we all now that some buyers like to wait it out so things will be moving soon.

Posted by Donna Paul, Long Island Home Specialist, Search for Long Islan (Keller Williams Realty Gold Coast) almost 4 years ago

I like your charts, valuable information for your buyers & sellers

Posted by Brian Doubleday, Ladera Ranch, Foothill Ranch, Lake Forest, Mission Viejo (Brian Doubleday - IML RealEstate - Orange County, CA Broker) almost 4 years ago

Donna I hope the buyers will be out in full swing come spring.

Brian - It is important to me to provide information consumers can use.

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) almost 4 years ago

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