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by Realtor Shawn Buryska of Coldwell Banker Burnet

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Rochester MN Real Estate Update Week of January 15, 2007

January 24th, 2007 · No Comments

There are currently 972 homes for sale in Rochester, Minnesota with an average list price of $247,014 and average of 187 days on the market. Last week (January 15 to January 21, 2007) there were 70 new and back on the market listings with an average list price of $213,038 and average market time of 71 days. During this same time period 30 homes went to pending (under contract). The average list price of these homes was $166,790 with an average of 107 days on the market. There were 14 closings in Rochester residential real estate last week, with an average price of $188,678 and 94 days on the market. Last week 45 listings expired; the average asking price was $194,924 with an average of 113 days on the market.

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