Hudson Valley Musing

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Rhinebeck Real Estate Market Review for August 2011

Rhinebeck NY real estate market in August 2011 had 4 sales between the town and Village, that was one less sale than in August 2010.

 During the month 8 new properties came on the market in the town and 1 in the village.  These homes ranged in price from $155,900- $1,369,000.  The oldest house is one presently in contract. It was built in 1849 and is located on one of Rhinebeck's most scenic roads, River Road.

Besides the single family detached home sales, 1 townhouse sold in Rhinebeck for $323,000.

Mortgage rates are at a 50 year low and home prices have fallen so this would be a good time to take a look at Rhinebeck homes for sale and if you start looking now, you could be in  your new home before the first snow.

Hay on River Road

                                          FIELD ON RIVER ROAD RHINEBECK NY

 

Below you will find a more in depth market report.

 

Town of Rhinebeck NY Real Estate Report -Single Family Detached Homes August 2011

Active 18 Contract
1
Average List $554,813 Average List $349,900
Average DOM 24 Average DOM 74
Average SQFT 3194 Average SQFT 1408
Average $/SQFT $174 Average $/SQFT $249
       
       

 

Sold 2    
Average List $329,700    
Average DOM 112    
Average SQFT 2001    
Average $/SQFT $165    
Average Sold  $317,500    
 Average$/SQFT $159    

 

Town of Rhinebeck NY - August 2011 Home Sales

ADDRESS PRICE
Rhinecliff Road $255,000
Upper Hook RD $380,000

 

Village of Rhinebeck NY Market Report - June 2011

Active 1 Sold 2
Average List $359,000 Average List $486,000
Average DOM 26 Average DOM 78
Average SQFT 1900 Average SQFT 2990
Average $/SQFT $189 Average $/SQFT $163
     Average Sold $470,000
     Average$/SQFT $157

 

ADDRESS PRICE
Stortini Drive $465,000
Sunset Road $475,000

 

 

copyright © by Jennifer Fivelsdal, all rights reserved-Rhinebeck Real Estate Market Review for August 2011

Data to compiled report was obtained from the Mid Hudson MLS System

 

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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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7 commentsJennifer Fivelsdal • September 13 2011 10:11PM

Comments

Jennifer -- a great report... I really like the presentation and I see that there is a home for everyone ... "These homes ranged in price from $155,900- $1,369,000."  I hope you are doing well and that the market continues to improve.

Posted by Joan Whitebook, Consumer Focused Real Estate Services (BHG The Masiello Group) almost 3 years ago

Jennifer - What a great overview and presentation of the market for both buyers and sellers in Rhinebeck and Village of Rhinebeck.

Posted by Donna Bigda, Greater New Haven CT Real Estate (RE/MAX Alliance) almost 3 years ago

Jennifer it is obvious that you put a lot of time into these reports, and you always present valuable information in them for those in your market area.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut) almost 3 years ago

Joan thank you.  Yes there is a wide range of property  to choose from.

Donna the hope is consumers will find the information useful.

George I try.  The aim is to provide information with some value.

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 3 years ago

Jennifer, Your beautiful photo of the farm country in your area caught my attention more than all the statistics on the market reports. I never knew New York had land like that. I thought it was all sky scrappers and tall buildings.

 

Posted by Jerry Newman, Texas REALTOR, San Antonio Military Relocation (Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com) almost 3 years ago

Jerry you won't find tall buildings where I am.  Lots of beautiful open space.

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 3 years ago

As usual Jennifer you have done a terrific job keeping everyone posted on what is going on in the Rhinebeck market!

Posted by Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) almost 3 years ago

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