Property prices for sale in Rhinebeck (New York)
The prices in real estate in Rhinebeck, in the New York region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Rhinebeck has increased strongly during the last 6 months. In October, the average price per sq.feet was $425. In November this price pretty much remained the same at a value of $436 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $430.5 to $477 per sq.feet. The price per sq.feet has had a considerable increase of 374 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $453.75 to $1,698.5 during February, and March.
Based upon to the price in Rhinebeck (cities), these have remained the same in the last 6 months. The price in October is $1,007,084, rising in November till $1,059,647. During the following two months (December, January) the price has had an average incrementation from $1,033,365.5 to $1,120,891. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $1,077,128.25 to $941,169.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $929,246 they are 51 % more affordable than the average price for Rhinebeck. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $801,095.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $356 / sq.feet, with an average $2,756 / sq.feet price in Rhinebeck. The properties with the lowest average prices have 3 bedrooms. They are 86 % cheaper than the average followed by properties with 1 bedroom with a price at $379 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $929,246 it is 59 % cheaper than the average price in Rhinebeck. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $915,085 it is 59 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $346 / sq.feet followed by "Condo" priced at $376 / sq.feet. "Land" is the most costly type of property with a $66,816 / sq.feet cost followed by "Detached House" with an average price of $484 / sq.feet.
