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
Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com
www.jfivehomes.com or www.midhudsonhomevalue.com
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.
I like your charts, valuable information for your buyers & sellers
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.