Market update for Rhinebeck NY January 2022 home sales
Rhinebeck NY home sales in January 2022
The report for Rhinebeck NY January 2022 home sales revealed 8 sales compared to 16 last January. Half of the homes sold above list price, and the sale price to list price came in at 100 percent.
Homes sold ranged in price from $210,000 to $ 1,300,000, built between 1944 and 2020 with square feet of 1,224 to 2,908 and two to four bedrooms.
Comparison of January 2022/2021 home sales
| Comparison | 2021 | 2022 |
| Average List | $1,134,875 | $628,113 |
| Average Sold | $1,144,619 | $625,612 |
| Median List | $ 550,000 | $ 485,000 |
| Median Sold | $ 540,250 | $460,000 |
| Sales | 16 | 8 |
| DOM | 60 | 98 |
Average and Median Sale Prices and Days on Market.
The average sale price came in at $625,612 this January compared to $1,144,619 at the same time last year.
This January the median sale price of $460,000 was lower than the $540,250 recorded during the same time last year.
Days on the market at 98 were higher than the 60 days in January 2021.
Other Real Estate Activities During January 2022
Two homes were added to the inventory, a two-bedroom house built in 1904 with square feet of 1,060 and priced at $275,000, the other, a three-bedroom house from 1898 with square feet of 1610 and priced at $1,150,000.
There were three homes with accepted offers, these ranged in price from $387,500 to $499,000, built between 1952 and 1993 with square feet from 1941 to 2,496.
A three-bedroom home built in 1975 went under contract. This 3,780 square feet home was priced at $1,375,000.
| ACTIVE | 2 | OFFER | 1 | |
| Avg. List | $ 712,500 | Avg. List | $ 499,000 | |
| Avg. DOM | 18 | Avg. DOM | 59 | |
| Avg. Sq. Ft. | 1,335 | Avg. Sq. Ft. | 1,941 | |
| Avg $/Sq. Ft | $534 | Avg $/Sq. Ft | $257 |
| OFFER CS | 2 | CONTRACT | 1 | |
| Avg. List | $ 431,250 | Avg. List | $1,375,000 | |
| Avg. DOM | 169 | Avg. DOM | 99 | |
| Avg. Sq. Ft. | 2298 | Avg. Sq. Ft. | 3,780 | |
| Avg $/Sq. Ft | $188 | Avg $/Sq. Ft | $364 |
| SALES | 2022 | LOCATION | SALE PRICE | |
| Avg. List | $628.113 | Wurtemburg Rd | $ 210,000 | |
| Square Ft | 1,974 | Ackert Hook Rd | $ 335,000 | |
| Average $/Sq Ft | $318 | Sepasco Center St | $ 349,900 | |
| Average Sold | $625,612 | Cedar Lane | $ 445,000 | |
| Average $/Sq Ft | $317 | White Schoolhouse Rd | $ 525,000 | |
| Sales | 8 | Old Post Rd | $ 695,000 | |
| DOM | 98 | Will Tremper Rd | $1,145,000 | |
| Cedar Heights | $ 1,300,000 |
Village of Rhinebeck NY Real Estate Activities January 2022
During January in the Village of Rhinebeck, no sales were recorded of homes listed on the Mid-Hudson MLS.
One house from 1860 was added to the inventory, and one house from 1940 received an offer.
Comparison of January 2022/2021 Home Sales in Rhinebeck Village
| Comparison | 2021 | 2022 |
| Average List | $474,500 | $- |
| Average Sold | $467,625 | $- |
| Median List | $442,000 | $ – |
| Median Sold | $427,750 | $- |
| Sales | 4 | – |
| DOM | 104 | – |
Breakdown of Real Estate in Rhinebeck Village – January 2022
| ACTIVE | 1 | OFFER | 1 | |
| Avg. List | $2,995,000 | Avg. List | $495,000 | |
| Avg. DOM | 27 | Avg. DOM | 75 | |
| Avg. Sq. Ft. | 6,222 | Avg. Sq. Ft. | 1,404 | |
| Avg $/Sq. Ft | $481 | Avg $/Sq. Ft | $353 |
Thinking of selling your home?
Now would be a good time to do so, since the inventory is low thus less competition. The demand is still there so you would likely get a better price for your home.
If you need some advice on getting ready to sell your home Contact Jennifer Fivelsdal | Real Estate Broker | JFIVE Homes Realty LLC | 845-594-9947 or use the form below to tell us where to send your copy of the Seller’s Guide to Real Estate
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