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

By
Real Estate Broker/Owner with JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 10491201242

In Rhinebeck during the month of March 2 homes sold, 1 in the town and the other in the village with prices ranging from $161,000-$230,000

March 2010 market report showed 4 sales ranging from $250,000-$828,000

During the month 11 new properties came on the market, 4 received accepted offers and 4 went into contract which is an indication the number of sales should increase in the coming months.

Below is the detailed report for March 2011

            Town of Rhinebeck NY Real Estate Report - March

                                  Single Family Detached

 

Active 10 Offer 2
Average List $533,790 Average List $369,500
Average DOM 24 Average DOM 137
Average SQFT 3377 Average SQFT 1575
Average $/SQFT $158 Average $/SQFT $235
       
       

  

Offer CS 1 Extended 1
Average List $950,000 Average List $8,900.000
Average DOM 211 Average DOM 249
Average SQFT 16096 Average SQFT 26000
Average $/SQFT $59 Average $/SQFT $342
       
       

Contract 2 Sold  1
Average List $272,000 Average List  $169,900
Average DOM 170 Average DOM  41
Average SQFT 1925 Average SQFT  2013
Average $/SQFT $141 Average $/SQFT  $84
  Average Sold  $161,000
  Average $/SQFT  $80

 

  Town of Rhinebeck NY -March 2011 Home Sales

 

ADDRESS  PRICE
Wurtemburg RD $161,000
   
   
   
   

   

  Village of Rhinebeck NY Market Report - March 2011

   

Active 1 Offer 1
Average List $199,000 Average List $325,000
Average DOM 20 Average DOM 143
Average SQFT 1144 Average SQFT 1518
Average $/SQFT $174 Average $/SQFT $214
     
     

 

Contract 2 Sold  1
Average List $312,450 Average List  $255,000
Average DOM 261 Average DOM  171
Average SQFT 2494 Average SQFT  1092
Average $/SQFT $180 Average $/SQFT  $234
  Average Sold  $230,000
  Average $/SQFT  $211

 

 

ADDRESS  PRICE
Crosmour Road $230,000
   
   
   
   
  

 

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 March 2011

 

Comments(6)

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

A very nice report and easey to read.  I hope you have a wonderful spring market.  There are centainly lots of good reasons to buy.

Apr 10, 2011 03:49 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Joan I do hope we have a strong season.  I agree it is a good time to buy for those in a position to do so.

Apr 10, 2011 03:54 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Nice work as usual Jennifer staying on top of the Rhinebeck Real Estate stats for the month!

Apr 11, 2011 01:11 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Bill it is especially inportant these days to keep consumers informed about their local market, since there is so much real estate news out there that does not apply to the local market.  And as we know real estate is truly local.

Apr 11, 2011 02:08 AM
Andre R. Aragon
Greater Tampa Real Estate Photographer - Tampa, FL
Real Estate Photographer

Hi Jennifer - Rhinebeck is one of my favorite day trips in late spring. I always look forward taking an open cockpit flight in a bi-plane at The Old Rhinebeck Aerodrome when the vintage air show season starts.

Apr 11, 2011 03:27 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Hi Andre you mean when I see the plane overhead that could be you? :)  Yes Rhinebeck is lovely anytime of year.

Apr 12, 2011 03:26 PM