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Rhinebeck NY home sales in October 2021 market update

Rhinebeck NY home sales in October 2021 market update

Rhinebeck NY home sales in October 2021

Rhinebeck NY

Analysis of Rhinebeck NY home sales in October 2021

Rhinebeck NY home sales in October 2021 update revealed nine sales which were seven less than last October.  Four of the nine homes sold above list price, and the sale price to list price came in at 97 percent. 

Homes sold ranged in price from $340,000 to $3,100,000.   Built between 1762 and 2000 with square feet of 1,029 to 5,525 and two to five bedrooms.

Comparison October 2021 home sales to October 2020

Comparisons

 2020

 2021

Average List

 $ 956,531 

 $ 1,097,100

Average Sold

 $ 961,600       

$ 1,065,000    

Median List

 $ 845,000                   

$   697,000     

Median Sold

$ 812,500                    

$  694,000               

Sales

16                       

9

DOM

56                       

 67               

Rhinebeck NY home Price in October 2021

The average sale price came in at $1,065,000 this October compared to $ 961,600 at the same time last year.   


This October the median sale price of $694,000 was lower than the  $812,500 recorded for October 2020.


Days on market at 67 were higher than the 56 days in October 2020.

Other Real Estate Activities During October 2021

There were five homes added to the Rhinebeck homes inventory, ranging in price from $240,000 to  $5,500,000.  These homes had three and four bedrooms.  The homes were built between 1959 and 2003, with the smallest house 1,126 square feet and the largest 7,612.

Two homes received accepted offers, one priced at $ 295,000 and the other at $428,000.  These three-bedroom homes were built in 1944 and 1950 with square feet of 1,224 and 1,714.


Five homes went under contract, ranging in price from $429,000 to $1,190,000.  These two to four-bedroom homes were built between 1830 and 1991 with square feet from 1,240 to 3,769.

Active 

5

Avg. List

$ 1,613,980

Avg. DOM

5`

Avg Sq. Ft

3436

Avg $/Sq. Ft

$470

   

Offer 

 2

Avg. List

$ 361,500

Avg. DOM

41

Avg Sq. Ft

1,469

Avg $/Sq. Ft

 $246
   

Contract

 5

Avg. List

$756,800

Avg. DOM

 67

Avg Sq. Ft

2,284

Avg $/Sq. Ft

$331

   

Sold

 9

Avg. List

$1,097,100

Avg. DOM

67

Avg. Sq. Ft.

2,526

Avg.$/ Sq. Ft.

$434

Avg. Sold.

$1,065,000

Avg. $/Sq. Ft.

$422

October 2021 Rhinebeck NY home sales

Location

Sale Price

White Schoolhouse Rd

  $340,000

Route 9

  $349,000

Wurtemburg

  $407,000

Kelly Rd

  $575,000

Espie Rd

  $694,000

Cedar Heights Rd

 $725,000

Tappen

$1,495,000

Ackert Hook

$1,900,000

Morton Rd

$3,100,000

    

Village of Rhinebeck NY Home Sales In October 2021

Four homes sold in the Village of Rhinebeck NY in October 2021, two less than the same time last year.   The sale price to list price of these homes came in at 108 percent, with two homes selling above list price

The homes sold ranged in price from $777,000 to $1,635,000 and were built between 1837 and 1950 with square feet from 2009 to 2578.

.
An average sale price of $1,003,000  this October was higher than the $ 928,000 recorded in October 2020.

The median sale price at $800,000 was lower than the $861,500 for the same time last year.


Days on the market  at 65 was lower than the 128 days for 

last October.

 

Comparisons

 2020

 2021

Average List

$987,500

 $928,475

Average Sold

$928,417

$1,003,000

Median List

$900,000         

$807,450

Median Sold

$861,500                 

 $800,000           

Sales

 6                 

 4

DOM

128                   

65               

Real Estate Activities In Rhinebeck Village during October 2021

Three homes were added to the Village of Rhinebeck NY homes for sale inventory ranging in price from $479,000 to $1,575,000.  Built between 1860 and 2021 the smallest house was 1764 square feet and the largest 3,200.

There was one accepted offer, a four-bedroom house built in 1953 with square feet of 1,568 and priced at $525,000.

Two homes went under contract, these three and four-bedroom homes were built in 1840 and 1910  with square feet of 1,407 and 3,273.  One house was priced at $530,000 and the other at $1,688,000.

Breakdown of Real Estate in Rhinebeck Village – October 2021

Active 

2

Avg. List

$727,000

Avg. DOM

 15

Avg Sq. Ft

2,382

Avg $/Sq. Ft

$305

   

New

1

Avg. List

$1,575,000

Avg. DOM

 2

Avg Sq. Ft

3,200

Avg $/Sq. Ft

$492

   

Offer 

1

Avg. List

$525,000

Avg. DOM

44

Avg Sq. Ft

1,568

Avg $/Sq. Ft

$335

   

Contract

2

Avg. List

$1,109,000

Avg. DOM

 36

Avg Sq. Ft

2,340

Avg $/Sq. Ft

$474

   

Sold

 4

Avg. List

$928,475

Avg. DOM

 65

Avg. Sq. Ft.

2,285

Avg.$/ Sq. Ft.

$406

Avg. Sold.

$1,003,000

Avg. $/Sq. Ft.

  $439       

Village sales in October 2021

Location

Sale Price

Mill St

$ 777,000

South

$790,000

Chestnut St

$810,000

Livingston St

$1,635,000            

Previous Market Report

September

If you have a real estate need I would welcome the opportunity to assist you.  Please call or text Jennifer Fivelsdal | Real Estate Broker | JFIVE Homes Realty LLC. at   845-594-9947****

***Data used in the preparation of this report came from the Mid Hudson MLS. Deemed reliable but not guaranteed.

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