There are currently 966 homes for sale in Rochester, Minnesota with an average list price of $244,501 and average of 184 days on the market. Last week (January 8 to January 14, 2007) there were 71 new and back on the market listings with an average list price of $204,418 and average market time of 80 days. During this same time period 37 homes went to pending (under contract). The average list price of these homes was $172,710 with an average of 120 days on the market. There were 16 closings in Rochester residential real estate last week, with an average price of $197,564 and 170 days on the market. Last week 34 listings expired; the average asking price was $219,913 with an average of 141 days on the market.
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