There are currently 1083 residential properties for sale in Rochester, Minnesota, with an average list price of $229,183 (median $176,500) and an average of 147 days on the market.
Last week (April 6-12, 2009) there were 70 new listings and 2 listings that came back on the market. The average asking price was $202,685 (median $161,550) and $304,900 (median $209,900) respectively. Three listings expired last week, 10 cancelled, and 8 were extended.
There were 54 homes that went under contract (to pending) last week. Average list price was $164,623 (median $154,900) and average market time was 82 days.
Eight homes sold (closed) last week. The average sold price of $198,200 (median $153,100) was 97.34% of the list price and 97.09% of the original asking price. These homes averaged 89 days on the market.
Scott Finley Broker Associate serving all of South East Minnesota. Scott has been providing Full Service Real Estate for over 27 years. Follow current Market conditions for Rochester, MN and surrounding communities.
