We are approaching the time of year when typically many buying decision will be made. For parents one of the consideration will be the school district; for seniors it might be downsizing to a more manageable home. The inventory in Rhinebeck offers homes from $79,000 to $4,500,000. There are about 18 homes under $400,000 which is the price range that is most active and the range in which most first time buyers will be looking. For first time buyers keep in mind that you can make use of the $8000 tax credit if you purchase a home by December 1st 2009.
MUNICIPAL PARKING LOT- VILLAGE OF RHINEBECK
TOWN OF RHINEBECK REAL ESTATE MARKET REPORT - SINGLE FAMILY HOMES FEBRUARY 2009
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| CATEGORIES |
AVG LISTING PRICE |
DOM |
AVG SQ FT |
AVG $/SQ FT |
| 36 Active |
$ 787,635.00 |
154 |
2693 |
$292 |
| 1 New |
$ 4,500,000.00 |
1 |
8600 |
$523 |
| 1 Contingent |
$ 229,900.00 |
240 |
1056 |
$218 |
| 6 Price Chng. |
$ 385,450.00 |
102 |
2560 |
$151 |
| 1 Extended |
$ 385,000.00 |
114 |
2288 |
$168 |
| 1 Contract |
$ 925,000.00 |
178 |
4244 |
$218 |
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VILLAGE OF RHINEBECK REAL ESTATE MARKET REPORT - SINGLE FAMILY HOMES FEBRUARY 2009
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| CATEGORIES |
AVG LISTING PRICE |
DOM |
AVG SQ FT |
AVG $/SQ FT |
| 13 Active |
$ 482,531.00 |
278 |
2290 |
$211 |
| 2 Contingent |
$ 200,225.00 |
114 |
2209 |
$ 91 |
| 1 Extended |
$ 449,000.00 |
166 |
2200 |
$204 |
| 2 Sold |
$ 323,500.00 |
138 |
1369 |
$236 |
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AVG SOLD PRICE |
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AVG $/SQ FT |
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$ 302,500.00 |
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$ 221 |
| STREET |
SALE PRICE |
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| Patt St |
$ 295,000.00 |
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| Huntington RD. |
$ 310,000.00 |
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In the village of Rhinebeck there were 2 sales; active listings ranged from $248,000 to $995,000.
Here is the February 2008 Market Report for comparison.
****Data for this report obtained from the MidHudson MLS System.
If you would like more in depth information please contact Jennifer Fivelsdal- Associate Broker- Keller Williams Realty Team - 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com
FIND YOUR DUTCHESS COUNTY HOME HERE
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Hello Jennifer. You do great market reports. I like that you include the avg sold price and size for comparison to the listings data for that added perspective.