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Rhinebeck NY real estate in November 2022 update

Rhinebeck NY real estate in November 2022 update

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Market update for Rhinebeck NY real estate in November 2022

Rhinebeck, NY real estate in November 2022 update showed three homes sold compared to seven at the same time last year.  Two of the three 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 $420.000 to $1,900,000, built between 1990 and 2015 with square feet ranging from 2,190 to 5,446

Home Price in November 2022

The average sale price came in at $1,276,667 this November which was higher than the $ 910,643 at the same time last year.

$ 1,510,000 was the median sales price which was more than the $705,000 recorded in November 2021. 
Homes were on the market an average of 183 days before selling, which was more than the 57 days in November 2021.

Comparison November 2022/2021 Home Sales in Rhinebeck NY

Comparison 2021 2022
Average List $899,429 $1,262,667
Average Sold $910,643 $1,276,667
Median List $695,000 $1,379,000
Median Sold $705,000 $1,510,000
Sales 7 3
DOM 53 183

Other Real Estate Activities During  November 2022

Four homes were added to the inventory, priced between $ 318,000 and $1,569,000 built between 1840 and 2002, with square feet from 1,118 to 3,361.

Two homes received offers, one priced at $599,000 from 1952 with square feet of 1,833. The other home was priced at $640,000, built in 1972 and had square feet of 1,656.

Four homes went under contract with prices ranging from $500,000 to $1,350,000 built between 1972 and 2002 with square feet from 1592 to 3,250.

Breakdown of Real Estate Activities

Active 3
Avg. List $ 787,333
Avg. DOM 74
Avg, Sq. Ft 1,937
Avg $/Sq. Ft $406
   
New 1
Avg. List $895,000
Avg. DOM 83
Avg, Sq. Ft 1,656
Avg $/Sq. Ft $386
   
Offer 1
Avg. List $599,000
Avg. DOM 162
Avg, Sq. Ft 1,833
Avg $/Sq. Ft $327
   
Offer CS 1
Avg. List $640,000
Avg. DOM 83
Avg, Sq. Ft 1656
Avg $/Sq. Ft $386
   
Contract 4
Avg. List $973,750
Avg. DOM 61
Avg, Sq. Ft 2702
Avg $/Sq. Ft $360

Sales Activities In November 2022

Sold 3
DOM 183
Avg. Sq. Ft 3,520
Avg.$/ Sq. Ft $359
Average Sold $1,276,667
Avg.$/ Sq. Ft $363

Location of Rhinebeck home sales in November 2022

Beacham $ 420,000
Vlei Rd $1,510,000
Wey RD $1,900,000

Village of Rhinebeck NY real estate in November 2022

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

Three homes were added to the inventory, these ranged in price from $499,900 to $1,595,000 built between 1920 and 1950 with square feet from 1598 to 2209.

One house received an offer, and another went under contract.

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

Comparison 2021 2022
Average List   $847,500
Average Sold   $960,000
Median List
Median Sold
Sales 2
DOM 92

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

Active 3
Avg. List $937,633
Avg, DOM 3
Avg. Sq. Ft. 1,904
Avg $/Sq. Ft. $320
   
Offer 1
Avg, List $ 699,000
Avg. DOM 91
Avg. Sq. Ft. 1,942
Avg. $/Sq. Ft. $360
   
Contract 1
Avg. List $615,000
Avg. DOM 54
Avg. Sq. Ft. 1,650
Av g, $/Sq. Ft. $373

Other market reports

Red Hook NY November 2022 market Report

Hyde Park NY November 2022 market report

October 2022 Rhinebeck NY market report

Jennifer Fivelsdal of JFIVE Homes Realty LLC

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