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. 
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
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RHINEBECK REAL ESTATE MARKET REPORT JUNE 2008
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CATEGORIES
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AVG LISTING PRICE
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DOM
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AVG SQFT
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AVG $/SQFT
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52 Active
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$ 731,488.00
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121
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3136
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$233
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5 New
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$ 704,200.00
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5
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2605
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$270
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3 Offers
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$ 583,000.00
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309
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2150
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$271
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2 Price Chg.
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$ 637,250.00
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173
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2400
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$266
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1 Extended
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$ 595,000.00
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266
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1700
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$350
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2 Contract
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$ 1,399,00.00
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243
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4603
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$304
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2 Sold
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$ 384,450.00
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70
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1682
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$229
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AVG SOLD PRICE
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AVG SOLD$/SQFT
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$ 380,000.00
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$226
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STREET
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SALE PRICE
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Old Wurtemburgh
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$ 205,000.00
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Russell Ave
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$555,000.00
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RHINEBECK REAL ESTATE MARKET REPORT JAN-JUNE 2008
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CATEGORIES
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AVG LISTING PRICE
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DOM
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AVG SQFT
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AVG $/SQFT
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52 Active
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$ 731,488.00
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121
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3136
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$233
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5 New
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$ 704,200.00
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5
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2605
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$270
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3 Offers
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$ 583,000.00
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309
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2150
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$271
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2 Price Chg.
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$ 637,250.00
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173
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2400
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$266
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1 Extended
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$ 595,000.00
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266
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1700
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$350
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3 Contract
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$ 1,039,300.00
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219
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3549
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$293
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11 Sold
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$ 694,800.00
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190
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3224
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$216
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AVG SOLD PRICE
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AVG SOLD$/SQFT
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$ 653,364.00
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$203
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RHINEBECK VILLAGE REAL ESTATE MARKET REPORT JUNE 2008
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CATEGORIES
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AVG LISTING PRICE
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DOM
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AVG SQFT
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AVG $/SQFT
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28 Active
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$ 572,804.00
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171
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2333
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$245
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3 New
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$ 673,000.00
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3
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2034
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$245
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1 Price Chg
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$ 279,500.00
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1160
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$172
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2 Extended
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$ 357,450.00
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264
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2137
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$167
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1Contract
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$ 575,000.00
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31
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2156
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$267
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3 Sold
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$ 280,633.00
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234
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1677
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$167
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AVG SOLD PRICE
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AVG SOLD$/SQFT
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$ 251,677.00
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$150
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STREET
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SALE PRICE
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Locust Grove
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$ 190.000.00
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Crosmour
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$ 265,000.00
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Wynkoop Lane
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$ 300,000.00
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RHINEBECK REAL VILLAGE ESTATE MARKET REPORT JAN-JUNE 2008
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CATEGORIES
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AVG LISTING PRICE
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DOM
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AVG SQFT
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AVG $/SQFT
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28 Active
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$ 572,804.00
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171
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2333
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$245
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3 New
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$ 673,000.00
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3
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2034
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$245
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1 Price Chg
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$ 279,500.00
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1160
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$172
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3 Contract
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$ 470,967.00
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135
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2178
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$216
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7 Sold
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$ 361,471.00
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152
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1960
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$184
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AVG SOLD PRICE
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AVG SOLD$/SQFT
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$ 322,857.00
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$165
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Data to compile this report was obtained from the Mid Hudson Multiple Listing Service on June 30th.
If you would like more indepth information please contact Jennifer Fivelsdal- Associate Broker- Keller Williams Realty Team - 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com
To find a Rhinebeck home or to find out what your Rhinebeck home is worth click one of the buttons below.
;)
;)
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.