A look at Rhinebeck NY March 2022 home sales
Rhinebeck NY March 2022 home sales at four was two less than in March 2021. The sale price to list price came in at 102 percent since the most expensive home sold above the list price.
The homes sold ranged in price from $499,000 to $1,564,300. These were three-and-four-bedroom homes built between 1860 and 2021 with square feet from 1074 to 5549.
Home prices during March 2022
The average sale price came in at $ 1,008,325 this March, lower than the $1,036,398 for the same time last year.
This March the median sale price was $985,000 compared to $ 931,194 in March 2021
Homes were on the market an average of 128 days before selling, up from 113 days at the same time last year.
Comparison of March 2022/2021 home sales in Rhinebeck
|Average List||$1.091,500||$ 987,250|
|Median List||$ 892,000||$ 987,500|
|Median Sold||$ 931,194||$ 985,000|
Other Real Estate Activities During March 2022
Five homes went under contract, these ranged in price from $250,000 to $1,390,000. Built between 1870 and 1988 the homes had square feet from 1060 to 4255.
|Avg. Sq. Ft.||2405|
|Avg $/Sq. Ft||$322|
Sales Activities In March 2022
|Avg. Sq. Ft||3086|
|Avg.$/ Sq. Ft||$320|
|Avg. $/Sq. Ft||$327|
Location of Rhinebeck home sales in March 2022
The Village of Rhinebeck NY March 2022 home sales
In the Village of Rhinebeck NY during March 2022 three homes sold the same as in March 2021. The sale price to list price came in at 92 percent since the most expensive sale had a significant reduction.
The homes sold were built between 1840 and 1985 with square feet from 1,404 to 3,376, and, priced between $475,000 and $1,200,000.
An average sale of $723,333 this March was less than the $1,308,333 for the same time last year.
The median sale at $495,000 was up from $480,000 in March 2021
Homes were on the market 105 days before selling.
Comparison of March 2022/2021 Home Sales in Rhinebeck Village
|Median List||$ 499,000||$495,000|
|Median Sold||$ 480,000||$495,000|
Village of Rhinebeck NY Real Estate Activities March 2022
During March in the Village of Rhinebeck one house from 2003 was added to the inventory, it was priced at $800,000 and had square feet of 3000
Listing added in March to the inventory of homes
|Avg. Sq. Ft.||3000|
|Avg $/Sq. Ft||$267|
Village Sales Activities In March 2022
|Avg. Sq. Ft||2167|
|Avg.$/ Sq. Ft||$364|
|Avg. $/Sq. Ft||$334|
Location of Rhinebeck Village home sales in March 2022
Is now a good time to sell your home?
If you are planning to sell your home, doing so sooner in the Spring could mean less competition and a higher selling price.
Economic factors such as inflation and the Fed interest rate hikes could affect a home buyer’s buying power, this could lead to homes staying on the market longer.
Buyers are out hoping to find a home
after months of lower inventory.