Rhinebeck NY real estate November 2017 market update

A look at Rhinebeck NY real estate November 2017 update

Data for the Rhinebeck NY real estate November 2017 market update revealed four fewer sales than in November 2016 when there were seven sales, and, the sale price to list price came in at 89 percent.

Rhinebeck NY real estate November 2017

At the same time, both the average and median selling price came in higher this year as shown in the chart below.

Homes sold ranged in price from $288,000 to $610,000 and were built between 1850 and 1988.  The most expensive house was the smallest, with square footage of 1406, while the other two sales were over 2000 square feet.

Rhinebeck  NY real estate November 2017 comparison with November 2016

                    2016                  2017
Average List                  $ 399,700             $  461,633
Average Sold                  $ 372,571             $  409,333
Median List                  $ 335,000             $  340,000
Median Sold                  $ 317,500             $  330,000
Sales                      7                       3
Dom                      82                   185

The homes listed during the month were in the luxury price range.  The least expensive house wa priced at $689,000 and the most expensive  $3,100,000.

View the current list of Rhinebeck homes for sale.
Rhinebeck NY real estate October 2017

Two homes received offers.  One house built in 1970 with square footage of  1768 was priced at  $285,000.  The other home was priced at $439,999, built in 1968 with square footage of 3500.

Four homes went under contract, these had a price range from $133,000 to $3,400,000.  The homes were built between 1860 and 2005, with square footage from 850 to 6000.

Rhinebeck Real estate November 2017 market activities

Active 3
Avg. List $ 2,261,333
Avg. DOM 8
Avg Sq. Ft 4131
Avg $/Sq. Ft $ 547
Offer Cs 2
Avg. List 362,500
Avg. DOM 257
Avg Sq. Ft 2634
Avg $/Sq. Ft $138
Contract 4
Avg. List $ 1,035,750
Avg. DOM 155
Avg. Sq. Ft. 2456
Avg $/Sq. Ft $ 422
Sold 3
Avg. List $461,633
Avg. DOM 186
Avg. Sq. Ft. 2234
Avg.$/ Sq. Ft. $207
Avg. Sold. $ 409,333
Avg. $/Sq. Ft. $ 183

Rhinebeck  real estate sales November 2017

Location Sale Price
Slate Quarry Rd   $ 288,000
Feller Road   $ 330,000
Frost   $610,000

In the Village there was one sale, this was one less than that of  November 2016.   The sale price to list price came in at 99 percent.

Village Rhinebeck NY home sales November 2017

              2016                 2017
Average List                   $ 442,500                $ 487,000
Average Sold                   $ 382,500                $ 481,000
Median List                   $ 442,500                $ 487,000
Median Sold                   $ 382,500                $ 481,000
Sales                        2                         1
Dom                       73                       21

During the month there was one new listing, one house received an offer, and, another went under contract, see chart below.

Village of Rhinebeck real estate November 2017

Active 1
Avg. List $ 615,000
Avg. DOM 13
Avg. Sq. Ft. 3236
Avg $/Sq. Ft 190
Offer CS 1
Avg. List $ 275,000
Avg. DOM 62
Avg. Sq. Ft. 1012
Avg $/Sq. Ft 272
Contract 1
Avg. List $ 789,000
Avg. DOM 66
Avg. Sq. Ft. 3235
Avg $/Sq. Ft $244
Sold 1
Avg. List $ 487,000
Avg. DOM 21
Avg. Sq. Ft. 2391
Avg $/Sq. Ft $204
Avg. Sold. $481,000
Avg. $/Sq. Ft. $201
Location Price
Violet Place $481,000

This time of year the inventory is lower, therefore it can be a good time to list your home for sale since there is less competition.

If you are thinking of selling Call today for a Home Valuation

Other market reports

Hyde Park NY real estate November 2017

Red Hook NY home sales November 2017

Rhinebeck NY real estate October 2017

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

Meet the Author

Jennifer Fivelsdal

Jennifer Fivelsdal is the Licensed Real Estate Broker/Owner of JFIVE Homes Realty LLC. She is located in the Mid Hudson Valley region of NY. Jennifer loves photography and incorporate her photos in her Blog to give her readers a feel for the area. Many of her photographs includes the majestic Hudson River and Catskills. Gardening is also another passion for Jennifer and this too will be captured in her photos and Blog. Most of all she really enjoy helping her clients achieve their real estate goals.