Rhinebeck NY home sales in December 2022

Rhinebeck NY home sales in December 2022

Rhinebeck NY home sales in December 2022

Market update for Rhinebeck NY home sales in December 2022

In Rhinebeck, NY in December 2022 five homes sold compared to six at the same time last year.  Two of the five homes sold above a million dollars and the sale price to the list price came in at 101 percent,

The homes sold ranged in price from $390.000 to $1.458,000  Built between 1920 and 2002 with square feet ranging from 1,180 to 3,250

Average and median home prices in December 2022

The average sale price came in at $863,200 this December which was higher than the  $796,983 at the same time last year.

A median sales price of $673,750 was recorded for December 2022 and it was more than the $554,500 recorded in December 2021. 
Homes were on the market an average of 89 days before selling, which was more than 83 days at the same time last year.

Comparison December 2022/2021 Home Sales in Rhinebeck NY

Average List$776,650$851,600
Average Sold$796,983$863,200
Median List$512,000$695,000
Median Sold$554,500 $673,750

Other Real Estate Activities During  December 2022

Two homes were added to the inventory, one home priced at $549,000 built in 1997 with square feet of 2,600, and the other from 1910 with square feet of  2,990 and priced at $925,000.

There were two homes with offers, one priced at $895,000 from 2002 with square feet of 2,366. The other home was priced at $995,000 and was built in 2022 and had square feet of 3,750

Four homes went under contract with prices ranging from $475,000 to $825,000 built between 1840 and 2006 with square feet from 1,333 to 3,527

Breakdown of Real Estate in Rhinebeck NY – December 2022

Average List$ 732,500Average List$945,000Average List$642,250
Average DOM107Average DOM52Average DOM67
Avg. Sq. Ft.2,795Avg. Sq. Ft.3.058Avg. Sq. Ft.2,423
Avg $/Sq. Ft$252Avg $/Sq. Ft$309Avg $/Sq. Ft$265

 Sales Activities In December 2022

Average List$ 851,600Primrose Hill$ 390,000
DOM89Cedar Lane$ 500,000
Avg. Sq. Ft2,330Clay Ct$ 6 73,750
Avg.$/ Sq. Ft$365S Mill Rd$1,294,000
Avg. Sold$863,200Knollwood Rd$1,458,250
Avg. $/Sq. Ft$370

Market update for the Village of Rhinebeck NY in December 2022

According to the Mid Hudson MLS data, no single-family detached home sale was recorded in December 2022, compared to five sales in December 2021.

One home built in 1927 and priced at $718,000 received an offer. There was one home from 1947 priced at $699,000 that went under contract.

Comparison of December 2022/2021 Home Sales in the Village of Rhinebeck

Average List$1,032,600
Average Sold$1,063,000
Median List$   530,000    
Median Sold$   570,000    

Breakdown of Real Estate in the Village of Rhinebeck NY – December 2022

Average List$896,667Average List$ 718,000Average List$699,000
Average DOM103Average DOM34Average DOM27
Avg. Sq. Ft.1,799Avg. Sq. Ft.2.209Avg. Sq. Ft.1,942
Avg $/Sq. Ft$499Avg $/Sq. Ft$325Avg $/Sq. Ft$360
Jennifer Fivelsdal of JFIVE Homes Realty LLC

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