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Rhinebeck NY Real Estate Market Report for March 2009

Rhinebeck Report

During the month of March there were 49 active listings with the majority having a price reduction. There were 19 listings under $400,000, 23 in the $400,000-$950,000 range; and 7 listings over $1,000,000.

RHINEBECK REAL ESTATE MARKET REPORT - SINGLE FAMILY HOMES MARCH 2009

CATEGORIES AVG LISTING PRICE DOM AVG SQ FT AVG $/SQ FT
49 Active $ 707,255.00 137 2689 $263
1 Price Chng $ 702,000.00 128 3100 $226
3 Sold $ 373,267.00 118 1852 $202
AVG SOLD PRICE

AVG $/SQ FT
$ 343,258.00 $185
STREET SALE PRICE
Primrose Hill $ 195,500.00
Birchwood DR $ 277,275.00
N. Hinterlands $ 557,000.00

In the village most of the active listings were in the $400,000 range. Although there were no closing 2 listings had accepted offers and one is in contract.

VILLAGE OF RHINEBECK REAL ESTATE MARKET REPORT - SINGLE FAMILY HOMES MARCH 2009

CATEGORIES

AVG LISTING PRICE

DOM

AVG SQ FT

AVG $/SQ FT

15 Active

$ 591,267.00

265

2384

$248

2 New

$ 398,450.00

6

1293

$257

2 Contingent

$ 398,450.00

99

2580

$154

1 Pending

$ 399,000.00

243

2500

$160

****Data for this report on single family detached homes was obtained from the MidHudson MLS System.

Thinking of selling or buying a home this spring please contact Jennifer Fivelsdal- Associate Broker- Keller Williams Realty Team - 845-758-6842- jennifer@jfivehomes.com and www.jfivehomes.com

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Posted Saturday Apr 04