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 Rhinebeck Real Estate

It is time for the monthly market report.  Since it is also half way through the year I have also provided you with the figures for the period January - June 2008.

I also looked back over the report for 2007 and during that year 37 properties were sold in the township of Rhinebeck.

The data for this report was obtained on June 30th; at that time 18 properties had sold so far this year.  From this information I concluded that the number of sales by the end of the year should be around or better than last year. Dutchess County Fairgrounds Rhinebeck NY

With approximately 60 active listings on the market in the town of Rhinebeck and 34 in the village there is opportunity for you to own a home in the Rhinebeck area.

The summer is a very busy period in Rhinebeck, the restaurants are packed and many come to attend the various functions on the Dutchess County Fairgrounds

 

 

       RHINEBECK REAL ESTATE MARKET REPORT JUNE 2008

  

 

 

 

 

CATEGORIES

AVG LISTING PRICE

DOM

AVG SQFT

AVG $/SQFT

52 Active

 $      731,488.00

121

3136

$233

5  New

 $      704,200.00

   5

2605

$270

3  Offers

 $      583,000.00

309

2150

$271

2  Price Chg.

 $      637,250.00

173

2400

$266

1  Extended

         $       595,000.00

266

1700

$350

2  Contract

 $      1,399,00.00

243

4603

$304

2  Sold

         $       384,450.00   

  70

1682

$229

  

AVG SOLD PRICE

 

 

AVG SOLD$/SQFT

  

 $       380,000.00

 

 

$226

STREET

SALE PRICE

 

 

 

Old Wurtemburgh

$ 205,000.00

 

 

 

Russell Ave

$555,000.00

 

 

 

  

 

 

 

 

      

 

 

 

 

  

       RHINEBECK REAL ESTATE MARKET REPORT JAN-JUNE 2008

  

     

 

 

 

  

  

 

 

 

CATEGORIES

AVG LISTING PRICE

DOM

AVG SQFT

AVG $/SQFT

52 Active

 $      731,488.00

121

3136

$233

5   New

 $      704,200.00

   5

2605

$270

3   Offers

 $      583,000.00

309

2150

$271

2   Price Chg.

 $      637,250.00

173

2400

$266

1   Extended

       $       595,000.00

266

1700

$350

3   Contract

       $    1,039,300.00

219

3549

$293

11 Sold

       $       694,800.00   

190

3224

$216

  

AVG SOLD PRICE

 

 

AVG SOLD$/SQFT

  

 $      653,364.00

 

 

$203

 

 

 

 

 

 

 

 

 

 

 

       RHINEBECK VILLAGE REAL ESTATE MARKET REPORT JUNE 2008

 

 

 

 

 

  

 

 

 

 

CATEGORIES

AVG LISTING PRICE

DOM

AVG SQFT

AVG $/SQFT

28 Active

         $      572,804.00

171

2333

           $245

3 New

 $      673,000.00

   3

2034

$245

1 Price Chg

 $      279,500.00

 

1160

$172

2 Extended

 $      357,450.00

264

2137

$167

1Contract

 $      575,000.00

  31

2156

$267

3 Sold

         $      280,633.00  

234

1677

$167

  

AVG SOLD PRICE

 

 

AVG SOLD$/SQFT

  

 $      251,677.00

 

 

$150

STREET

SALE PRICE

 

 

 

Locust Grove

          $     190.000.00

 

 

 

Crosmour

          $     265,000.00

 

 

 

Wynkoop Lane

          $     300,000.00

 

 

 

  

       

 

 

 

      

 

 

 

 

  

       RHINEBECK REAL VILLAGE ESTATE MARKET REPORT JAN-JUNE 2008

  

  

 

 

 

CATEGORIES

AVG LISTING PRICE

DOM

AVG SQFT

AVG $/SQFT

28 Active

         $      572,804.00

171

2333

           $245

3 New

 $      673,000.00

3

2034

$245

1 Price Chg

 $      279,500.00

 

1160

$172

3 Contract

 $      470,967.00

135

2178

$216

7 Sold

         $      361,471.00 

152

1960

$184

  

AVG SOLD PRICE

 

 

AVG SOLD$/SQFT

  

 $      322,857.00

 

 

$165

Data to compile this report was obtained from the Mid Hudson Multiple Listing Service on June 30th.

 

Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com

www.jfivehomes.com or www.midhudsonhomevalue.com

|subscribe to Blog JFIVE HOMES REALTY LLC

Copyright © by Jennifer Fivelsdal, all rights reserved-Rhinebeck Real Estate June 2008

 

Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com

www.jfivehomes.com or www.midhudsonhomevalue.com

|subscribe to Blog JFIVE HOMES REALTY LLC

 

 

7 Comments on Rhinebeck Real Estate Market Report June 2008

JUL
07
2008
184,347 Points 7 Featured Posts Outside Blog

Jennifer,

Thanks for the post. I am reminded of my college days in Albany and the many stops along the way, Rhinebeck being one of them.

9:38pm • #1
807,465 Points Outside Blog

Hi Jennifer;

Thank you for sharing your market report, I will give you a call soon.

Anthony

9:40pm • #2
891,612 Points 20 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

William - It is so good to hear from you.  Yes the Mid Hudson Valley is a beautiful area.  Have you seen the Fisher Center at Bard College?

Anthony - Thank you, I look forward to your call.

9:45pm • #3
1,064,273 Points 156 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Jennifer, a very steady market for you, although it must be tough on the affordability of the houses in the area with such a high average selling price.

10:06pm • #4
494,048 Points 15 Featured Posts Localism Sponsor Outside Blog

Hi Jennifer,

Informative report good for home buyers and home sellers in Rhinebeck. It looks like you cover several nearby communities? All of the Mid Hudson valley area?

It's sort of that way here too, everything seems to run together when you're in small towns.

11:37pm • #5
JUL
08
2008
924,813 Points 97 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jennifer from the figures that you have compiled and from what you have personally experienced so far this year, are you expecting 2008 to be better than 2007 or worse???

8:40pm • #6
JUL
09
2008
178,223 Points 5 Featured Posts Outside Blog

Jennifer, your market reports are so informative. As I looked at market stats for Rhinebeck it seems as if the market there is picking up quite a bit with the days on market getting smaller. With sales happening like this sales are due to pick up!

9:21pm • #7

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Jennifer Fivelsdal Rhinebeck Real Estate (Serving Dutchess| Columbia|Ulster Ctys

Rhinebeck, NY

More about me…

LIC. R.E. Broker JFIVE Home Realty LLC

Address: 162 Deer Run Road, Red Hook, NY, 12571

Office Phone: (845) 758-6842

Cell Phone: (845) 594-9947

Email Me

This will be a source of information on the Mid-Hudson Valley and real estate related topics. Please call me at 845-758-6842 or visit http://www.jfivehomes.com


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