Rhinebeck Real Estate News > Rhinebeck Real Estate A Comparison of Dollar Sales Volume for Homes sold in Rhinebeck NY
Rhinebeck Real Estate A Comparison of Dollar Sales Volume for Homes sold in Rhinebeck NY
Rhinebeck Real Estate A Comparison of Dollar Sales Volume
for Homes sold in Rhinebeck NY in Months of October and September 2011.
One can look at the Rhinebeck, NY real estate market each month at a time or you can compare two months of Rhinebeck real estate sales. After posting October Rhinebeck Homes Sold, I realized there are important Rhinebeck NY real estate market trends, if you compared the Sales of the Rhinebeck Homes sold to the month of September.
There were 5 homes sold in Rhinebeck,NY in the month of October 2011.
There were 7 homes sold in Rhinebeck, NY in the month of September 2011.
The Source for Rhinebeck real estate homes sold in Rhinebeck NY is the Mid–Hudson Multiple Listing Service Inc (MHMLS). These figures for single family detached homes sold in Rhinebeck NY do not represent the total Rhinebeck NY real estate sales in Dutchess County. These figures for homes sold in Rhinebeck NY reflect the sales activity of the MHMLS, which comprises the largest sales volume sampling. .
I would like to briefly explain the MHMLS.
The real estate brokers in the MHMLS have agreed to share their listings– information on properties features. All the homes on the MHMLS are pooled together in one listing.
What does that mean to the home buyer? A Buyer’s agency as Dirt Road Realty, a real estate agency committed exclusively to the home buyer, the home buyer can search for their home in one Rhinebeck Real Estate listing –in one place not searching multiple agencies for the same home.
Comparison of Sales Volume for Homes
For the Months of October and September 2011
| Total Dollar Volume October | Total Dollar Volume Sept. | Mean Dollar Volume October | Mean Dollar Volume Sept. | Median Dollar Volume October | Median Dollar Volume Sept. |
|---|---|---|---|---|---|
| $1,486,450 | $3,910,500 | $297,290 | $558,643 | $280,000 | $465,000 |
Please Note:
Mean Dollar Sales Volume
There was one home which sold in Rhinebeck,NY which sold for $1,395,000 in the month of September
Please Note:
Median Dollar Sales Volume
The mean difference of $165,000 which was the higher dollar value was in the month of September.
Comparison of Prices of Rhinebeck Homes Sold
Month of October and September 2011
| October Sale Prices 5 Rhinebeck Homes Sold | September Sale Prices 7 Rhinebeck Homes Sold |
|---|---|
| $189,500 | $252,500 |
| $208,000 | $340,000 |
| $280,000 | $430,000 |
| $307,950 | $465,000 |
| $501,000 | $468,000 |
| — | $560,000 |
| — | $1,395,000 |
Please Note:
In the Rhinebeck Real Estate market for the month of September the median sales dollar value was $165,000 greater for the homes sold in Rhinebeck NY than in October.
The glaring difference in sales price
of the homes sold in Rhinebeck is significant.
In October 2011, 1 out of 5 or 20 percent of the homes were sold in Rhinebeck NY were over $400,000.
In September 2011, 5 out 7 or 71 percent of the homes sold in Rhinebeck NY were over $400,000.
Rhinebeck, New York, 12572
845-876-3502 or 212-228-6705
hbrown@dirtroadrealty.com
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