Real estate sales rose in Rhinebeck NY in February 2021
Market update for Rhinebeck NY real estate in February 2021
The Rhinebeck NY real estate in February 2021 showed six homes sold in the town compared to two at the same time last year. Two of the houses sold for more than the list price. The sale price to list price in February was 90 percent, one house sold for less than half a million dollars below list price.
The average sale price came in at $820,00 and the median 362,500. Why such a difference in the average and median? Homes ranged in price from $250,000 to $2.920,000 which was a wide range.
Built between 1910 and 2015 the homes had square feet from 876 to 10,700.
Comparison Rhinebeck NY real estate February 2021 to 2020
| Data |
2020 |
2021 |
|
Average List |
$ 244,000 |
$ 912,733 |
|
Average Sold |
$ 222,500 |
$ 820,000 |
|
Median List |
$ – |
$ 364,000 |
|
Median Sold |
$ – |
$ 362,500 |
|
Sales |
2 |
6 |
|
DOM |
48 |
158 |
Two houses were added to the Rhinebeck NY homes for sale inventory. One house was built in 1890 with square feet of 2200 and priced at $639,000. The other was built in 1900 with square feet of 1800 and priced at $695,000.
There were two houses with offers. One was a 1973 house priced at $369,000 with square feet of 1200, the other built in 1972 with square feet of 2132 and priced at $410,000.
There were three houses under contract, priced between $214,000 and $2,500,000, built between 1820 and 1960 with square feet from 1745 and 7800.
Other real estate activities in February 2021
|
Offer |
2 |
|
Avg. List |
$ 667,000 |
|
Avg. DOM |
32 |
|
Avg Sq. Ft |
2000 |
|
Avg $/Sq. Ft |
$ 334 |
|
Offer CS |
2 |
|
Avg. List |
$ 389,500 |
|
Avg. DOM |
18 |
|
Avg Sq. Ft |
2636 |
|
Avg $/Sq. Ft |
$ 189 |
|
Contract |
3 |
|
Avg. List |
$ 1,166,633 |
|
Avg. DOM |
140 |
|
Avg Sq. Ft |
4007 |
|
Avg $/Sq. Ft |
$ 291 |
|
Sold |
6 |
|
Avg. List |
$ 912,733 |
|
Avg. DOM |
158 |
|
Avg. Sq. Ft. |
3259 |
|
Avg.$/ Sq Ft. |
$ 280 |
|
Avg. Sold. |
$ 820,000 |
|
Avg. $/Sq. Ft. |
$ 252 |
Location of home sales in February 2021
|
Location |
Sale Price |
|
Route 308 |
$ 250,000 |
|
Howland |
$275,000 |
|
Sepasco Lake |
$310,000 |
|
Cove |
$415,000 |
|
Haggerty Hill |
$750,000 |
|
Morton Rd |
$ 2,920,000 |
Real estate activities in the village during February
There were four sales in the Village of Rhinebeck during February. Three of the four houses sold above list price, and the average sale price to list price came in at 98 percent.
An average sale price of $838,500 and a median sale price of $574,500 was recorded for the month.
The houses sold ranged in price from $375,000 to $1,830,000. These houses were built between 1920 and 1970 with square feet from 860 and 5228.
Comparison of the Village of Rhinebeck NY real estate February 2021 to 2020
| Data |
2020 |
2021 |
|
Average List |
$ |
$ 859,500 |
|
Average Sold |
$- |
$ 838,500 |
|
Median List |
$ – |
$ 569,000 |
|
Median Sold |
$ – |
$ 574,500 |
|
Sales |
0 |
4 |
|
DOM |
0 |
118 |
In February two homes were added to Rhinebeck NY homes for sale inventory. One house was built in 1960 with square feet of 1616 and priced at $459,000. The other, built in 2021with square feet of 3200 and priced at $1,675,900.
One house received an offer, and another went under contract. (see table below)
Village of Rhinebeck real estate activities in February 2021
|
Active |
2 |
|
Avg. List |
$ 1,067,450 |
|
Avg. DOM |
12 |
|
Avg Sq. Ft |
2408 |
|
Avg $/Sq. Ft |
$ 443 |
|
Offer CS |
1 |
|
Avg. List |
$ 860,000 |
|
Avg. DOM |
10 |
|
Avg Sq. Ft |
3157 |
|
Avg $/Sq. Ft |
$ 272 |
|
Contract |
1 |
|
Avg. List |
$ 499,000 |
|
Avg. DOM |
1 |
|
Avg Sq. Ft |
2400 |
|
Avg $/Sq. Ft |
$ 208 |
|
Sold |
4 |
|
Avg. List |
$ 859,500 |
|
Avg. DOM |
118 |
|
Avg. Sq. Ft. |
2493 |
|
Avg.$/ Sq. Ft. |
$ 345 |
|
Avg. Sold. |
$ 838,500 |
|
Avg. $/Sq. Ft. |
$ 336 |
Home sales location in February 2021
|
Location |
Sale Price |
|
S Parsonage |
$ 375,000 |
|
Chestnut St |
$ 478,000 |
|
S Parsonage |
$ 671,000 |
|
Locust Grove |
$1,830,000 |
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