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Rhinebeck NY home sales in January 2021 had the priciest property

Rhinebeck NY home sales in January 2021 had the priciest property

Rhinebeck NY home sales in January 2021

Market update for Rhinebeck NY home sales in January 2021

Rhinebeck NY home sales in January 2021 market update showed ten sales of single-family detached homes compared to none at the same time last year. 

These homes ranged in price from $165,600 to $ 7,000,000 with Rhinebeck having four of the twelve million-dollar sales in the county.  The average sale price was $1,449,940 and the median $719,400.

A sale price to list price came in at ninety-nine percent.

Comparison Rhinebeck NY real estate January 2021 to 2020

Comparison

                    2020

                  2021

Average List

                  $ –

                  $ 1,470,750

Average Sold

                  $ –

                  $ 1,449,940

Median List

                  $ –  

                  $    712,500

Median Sold

                  $ –   

                  $    719,400

Sales

                    –      

                            10

DOM

                    –      

                              87

Added to the inventory of Rhinebeck homes for sale were seven homes ranging in price from $675,000 to  $ 1,995,000 and were built between 1837 and 2017 with three to five bedrooms and square feet from 1800 to 11,000.

In January there was one offer,  a four-bedroom house priced at $599,000. This home was built in 1900 with square feet of 2174.

Five homes priced between $259,900 to $885,000 went under contract. These one and three-bedroom homes were built between 1910-2015.  The smallest house was 876 square feet and the largest 2250.

Rhinebeck real estate activities in January 2021 

Active

7

Avg. List

$ 1,101,571

Avg. DOM

9

Avg Sq. Ft

4035

Avg $/Sq. Ft

$ 273

   

Offer

1

Avg. List

$ 599,000

Avg. DOM

103

Avg Sq. Ft

2,174

Avg $/Sq. Ft

$ 276

   

Contract

5

Avg. List

$ 531,660

Avg. DOM

63

Avg. Sq. Ft.

1829

Avg.$/ Sq. Ft.

$ 291

   

Sold

10

Avg. List

$1,470,750

Avg. DOM

87

Avg. Sq. Ft.

3245

Avg.$/ Sq. Ft.

$453

Avg Sold

$1,449,940

Avg.$/ Sq. Ft.

$447

 Homes sold in Rhinebeck NY

Location

Price

Beacham Rd

$  165,600

Ackert Rd

$  275,000

Old Post Rd

$  280,000

Stone Church

$  340,000

Wurtemburg

$  655,000

Hilee Rd

$  783,800

Buttonwood Ln

$1,450,000

Cedar Height

$1,625,000

Hinterlands

$1,925,000

Mill Rd

$7,000,000

Village of Rhinebeck real estate sales January 2021

 Four homes sold in the Village of Rhinebeck during January, this was three more than the same time last year.  These homes were priced between $395,000 and $620,000.  Built between 1858 and 2006 the homes had square feet from 1434 to 2308. A sale price to list price of ninety nine percent was recorded

The average sale price of $467,625 was more than twice that of the same time last year (see table below) and the median sale price came in at $442,000.

Village Rhinebeck NY home sales January 2021

Comparison

                      2020

                    2021

Average List

                    $ 190,000

                $ 474,500

Average Sold

                  $ 195,000

                $ 467,625

Median List

                           $ –

                $ 427,750

Median Sold

                           $-

                $ 442,000

Sales

                            1

                        4

DOM

                            2

                    104

Two homes were added to the inventory of the Village of Rhinebeck homes for sale.  One a three-bedroom house priced at $515,000, built in 1969 with square feet of 2400.  The other a six-bedroom house built in 1840 with square feet of 3376 and priced at $1,475,000.

One house received an offer,  priced at $624,000.  This house was built in 1867 with square feet of 1917.

There were three homes under contract.  Built between 1900 and 1931 with square feet from 860 to 4,000, these two to five-bedroom homes were priced between $350,000 to $3,000,000.

Village of Rhinebeck real estate  activities in January 2021

Active

2

Avg. List

$ 1,012,450

Avg. DOM

16

Avg. Sq. Ft.

3279

Avg $/Sq. Ft

$309

   

Offer

1

Avg. List

$ 570,000

Avg. DOM

30

Avg. Sq. Ft.

1719

Avg $/Sq. Ft

$ 332

   

Sold

1

Avg. List

$190,000

Avg. DOM

2

Avg. Sq. Ft.

1080

Avg $/Sq. Ft

$176

Avg.Sold

$ 195,750

Avg $/Sq. Ft

$181

Homes sold in the village of Rhinebeck

Location

Price

Platt Ave

$ 395,000

S Parsonage St

$ 395,000

S Parsonage St

$ 460,500

Livingston St

$ 620,000

Home inventory in Rhinebeck is low, so if you are thinking of selling your home now is a good time to do so. Home value has risen, while mortgage rates are low.

Call today for assistance with your real estate needs.

Jennifer Fivelsdal – Real Estate Broker- JFIVE Homes Realty LLC. 845-594-99477- jennifer@jfivehomes.com

***Data used in the preparation of this report was obtained from the Mid Hudson MLS.  Data deemed reliable but not guaranteed.

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