Rhinebeck Real Estate Market Report January 2012

Rhinebeck NY Real Estate

In Rhinebeck 6 single family homes sold in the town and village during January 2012. The sales ranged from $168,050 to $635,000.

How did the number of single family homes sold in Rhinebeck compare to the same time last year? Last January 3 homes sold and they were all under $200,000. This January the number of homes sold doubled, and they were more expensive homes.

I personally think the warm winter is good for the local real estate market. Buyers are out looking for a home. The largest group are first time buyers and this is not a surprise for homes are more affordable and the interest rates have also fallen.

How can Rhinebeck home sellers benefit from this weather? Don't wait for spring to list your home. Get in the market so the buyers who are now looking will have more of a choice and you might just avoid that spring competition.

The side of Rhinebeck Post Office

Rhinebeck NY Market Report For Single Family homes January 2012

Active	7	Offer	1
Average List	$883,629	Average List	$695,000
Average DOM	24	Average DOM	85
Average SQFT	2853	Average SQFT	2770
Average $/SQFT	$310	Average$/SQFT	$251

Contract	1	Sold	3
Average DOM	$495,900	Average DOM	$239,967
Average DOM	224	Average DOM	206
Average SQFT	2400	Average SQFT	2228
Average $/SQFT	$207	Average $/SQFT	108
		Average Sold	$227,017
		Average$/SQFT	$102

Town of Rhinebeck NY - January 2012 Home Sales

ADDRESS

PRICE

Rhinecliff Road	$ 168,050
Primerose Hill	$ 198,000

Cove Road

$ 315,000

Village of Rhinebeck NY Market Report - January 2012

offer	2	Contract	1
Average List	$194,000	Average List	$664,900
Average DOM	262	Average DOM	202
Average SQFT	1572	Average SQFT	3122
Average $/SQFT	$123	Average$/SQFT	$213

Sold	3
Average List	$461,300
Average DOM	125
Average SQFT	1671
Average $/SQFT	$276
Average Sold	$443,333
Average$/SQFT	$265

Village of Rhinebeck NY January 2012 home sales

ADDRESS

PRICE

Starr	$ 320,000
Livingston Street	$ 375,000

Chestnut Street

$ 635,000

Data for report obatained from the Mid Hudson MLS

Copyright © by Jennifer Fivelsdal, all rights reserved- Rhinebeck Real Estate Market Report January 2012