Rochester MN Real Estate Market Blog

Spring is coming with “For Sale” signs popping up all over!
There are currently 1144 homes for sale in Rochester, Minnesota with an average list price of $249,298 and average of 165 days on the market. Last week (March 5 to March 11, 2007) there were 112 new and back on the market listings with an average list price of $219,971 and average market time of 39 days. During this same time period 42 homes went to pending (under contract). The average list price of these homes was $183,925 with an average of 126 days on the market. There were 23 closings in Rochester residential real estate last week, with an average price of $184,905 and 133 days on the market. Last week 42 listings expired; the average asking price was $194,591 with an average of 115 days on the market.

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Related posts:

1. Rochester MN Real Estate Update (March 19-25, 2007)
2. Rochester MN Real Estate Update (February 26 to March 4, 2007)
3. Rochester MN Real Estate Update (March 26 to April 1, 2007)
4. Real Estate Market Conditions for Rochester, MN (March 3-9, 2008)
5. Rochester MN Residential Real Estate Conditions (March 10-16, 2008)