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Real Estate in Rhinebeck 12572 in August 2013 was it up or down?

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

Real Estate in Rhinebeck 12572 August 2013 update

 

August was a good month for Real Estate in Rhinebeck 12572.  The number of homes sold in the town was almost 3 times what it was last year.  10 of the homes sold had price reductions before getting an offer.  The most expensive sale was the only home without a reduction.

The homes listed during the month were mostly three bedroom homes.   The most expensive home was first listed at $3,750,000 and later adjusted upward to $3,900,000

If Real Estate in Rhinebeck 12572 continue to sell at August pace for the rest of the year, sales in the last 4 months of the year could exceed the total sale in the Town of Rhinebeck in 2012 when it was 43.  Will this happen? Only time will tell.

 

RhinebeckNov Montgomery Place 300x141 Rhinebeck 12572 real estate update August 2013

 

Comparison of Real Estate in Rhinebeck 12572 - August 2012 to August 2013

Categories                     2012                                       2013

Average list price                  475,725                                           $427,955

Average sale price                 417,250                                           $413,164

Units of sale                                    4                                                     11

DOM                                            112                                                   137

Price range                $ 165,000 – $950,000          $ 427,955 – $ 413,164

          Village

Average list price                 $ 376,500                                          $259,000

Average sale price                $ 353,000                                         $260,000

Units of sale                                      4                                                              1

DOM                                              362                                                          109

Price range                $ 165,000 – $950,000          $ 427,955 – $ 413,164

 

You can find a Rhinebeck NY home for sale by clicking the button below.

Rhinebeck homes for sale

homes4salebutton2 Rhinebeck 12572 real estate update August 2013

Real Estate in Rhinebeck 12572 breakdown by categories

Active

14
Average List $ 692,157
Average DOM 27
Average SQ.FT 2191
Average $/SQ.FT $ 316
   

Contract

4
Average List $ 390,725
Average DOM 117
Average SQ.FT 2322
Average $/SQ.FT $ 168
   

Sold

11
Average List $427,955
Average DOM 137
Average SQ.FT 3506
Average $/SQ.FT $122
Average Sold $413,164
Average $/SQ.FT $118

 

  

Real Estate in Rhinebeck 12572 - Sale price and location

STREET PRICE
 Ackert Hook  $ 165,000
Rhinecliff Road  $ 179,500

 

Rhinecliff Road  $ 222,500
Starr Drive  $ 256,300
Route 9G  $ 280,000

  

River Road  $ 375,000
Peacock Road  $ 413,000
Slate Quarry  $ 509,500

 

Ackert Hook  $ 545,000

 

Charles Lane  $ 649,000
Mill Road  $ 950,000

  

Real Estate in the Village of Rhinebeck 12572 was down compared to last year, 1 sale which was 3 less than last year.

Last year home sale in the Village of Rhinebeck was 27.

 

Real Estate Village of Rhinebeck 12572 breakdown by categories

Active

2
Average List $667,000
Average DOM 36
Average SQ.FT 3832
Average $/SQ.FT $174
   

Offer

1
Average List $550,000
Average DOM 226
Average SQ.FT 2799
Average $/SQ.FT $196
   

Contract

1
Average List $235,000
Average DOM 31
Average SQ.FT 1412
Average $/SQ.FT $166
   

Sold

1
Average List $ 259,000
Average DOM 109
Average SQ.FT 1450
Average $/SQ.FT $179
Average Sold $260,000
Average $/SQ.FT $179

  

Real Estate Village of Rhinebeck 12572 - Sale price and location

STREET PRICE
 Parsonage  $ 260,000
   

 July

June

May

April

March

February

January

 

Videos

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Information for this market report was obtained from the Mid Hudson Multiple Listing

Copyright © By Jennifer Fivelsdal of JFIVE Homes Realty LLC, all rights- Originally posted at Rhinebeck 12572 real estate update August 2013

Comments(11)

Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

There aren't many homes available, but more sales which is a good sign for values going forward. Nice job with the report.

Sep 21, 2013 08:18 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Jennifer.... buyers and sellers should appreciate this well researched report of Rhinebeck NY...

Sep 21, 2013 08:40 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Jennifer: No stone is left unturned in this very detailed Rhinebeck real estate report.  Good information for area consumers.

Sep 21, 2013 08:42 PM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Congrats on a great August Jennifer and happy fall! I'll be looking for those outstanding fall photos from your beautiful part of the country.

Sep 21, 2013 11:42 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jennifer, days on market and home values are trending in the right direction.    You provide concise information for anyone looking at the Rhinebeck market.

Sep 22, 2013 12:20 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Jennifer that is awesome hope you contributed to  those sales numbers in the Rhinebeck Real Estate Market, Endre

Sep 22, 2013 03:55 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jennifer at least the DOM is down, hopefully the Sales Price and number of Sales will improve.

Sep 22, 2013 10:24 AM
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Hi Jennifer:  Nice Rhinebeck Real Estate Market Report for those home owners who may be wanting to sell their Rhinebeck homes, this is all of the information they need!

Sep 22, 2013 11:09 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

Joe it was nice to see the increase in sales over lat year.

Barbara thank you.  I do these reports to help consummers understand what is going on in the market.

Anita we are still in a buyers market and consumers hear so much conflicting reports.  Real estate is truly local, so this should help consumers to understand the Rhinebeck market.

Sep 22, 2013 03:05 PM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

I was wondering. But not any more. Thanks!

Sep 22, 2013 11:06 PM
First Last name
Keller Williams Preffered - Raleigh, NC

thanks for sharing, sounds like things are going well. And great information for potential clients.

Sep 23, 2013 08:00 AM