Rhinebeck Real Estate Market Report February 2012

79 Rhinebeck Homes for Sale in February 2 Homes Sold  

When I prepared this Rhinebeck Market report I was taken back that only 2 homes sold in the Rhinebeck School District in February 2012.  I rechecked the report, because I do not recall a month when 2 Rhinebeck homes were sold. I am preparing the Red Hook Real Estate Market Report for February 2012. In the Red Hook Central School District, 4 homes sold between $230,000 and $310,000.

The Source for the 79 Rhinebeck Real Estate homes for sale in February 2012 and the 2 that sold in Rhinebeck NY is the Mid–Hudson Multiple Listing Service Inc (MHMLS). These figures for single family detached homes sold in Rhinebeck NY do not represent the total Rhinebeck NY real estate sales in Dutchess County. These figures for homes for sale that sold in Rhinebeck NY reflect the sales activity of the MHMLS, which comprises the largest sales volume sampling. .

I would like to briefly explain the MHMLS.

The real estate brokers in the MHMLS have agreed to share their listings– information on properties features. All the homes on the MHMLS are pooled together in one listing.

What does that mean to the home buyer? A Buyer’s agency as Dirt Road Realty, a real estate agency committed exclusively to the home buyer, the home buyer can search for their home in one Rhinebeck Real Estate listing –in one place not searching multiple agencies for the same home.

79 Rhinebeck Homes for Sale and the 2 that Sold
During the Month of February 2012

Original Listed Price* Sale Price* Percent Price Reduction* Listing Month & Year

Please Note…… Of the 79 homes for sale in the Rhinebeck Real estate market and the 2 homes that sold in Rhinebeck NY in the month of February 2012, one of the homes for sale that sold in Rhinebeck NY was on the Rhinebeck real estate market a relatively short period of time with the greatest percentage price reduction. 25% was the greatest price reduction for these Rhinebeck homes for sale that sold which came on the Rhinebeck real estate market in June 2011.

 This is the first exception that I have seen in the Rhinebeck real estate market in which the Rhinebeck home was listed in the Rhinebeck real estate listings for the shorter time on the market had a great price deduction.

This familiar and important Take Home Message – Homes Sold in Rhinebeck NY on the Rhinebeck real estate market the longest homes on the market tend to have the greatest percentage price reduction. Did not happen in February 2012 in this Rhinebeck Real Estate Market. It is difficult to analyze only two homes which sold in Rhinebeck NY. The home buyer should ask the real estate broker how long the home has been on the Rhinebeck real estate market– the total time. Working with Dirt Road Realty a real estate agency committed exclusively to the home buyer, the home buyer will appreciate its benefits.

There was NOT one of the 2 sold in February 2012 of the 79 Rhinebeck home for sale that sold for list price.

The 2 homes that sold in the Rhinebeck real estate market were homes located in the Rhinebeck Central School District.

The 79 homes for sale in the Rhinebeck NY real estate market are the total for the 3 categories- active, new and price change homes which were listed on the MLS in the month of February for the homes located in the Rhinebeck Central School district.