Rochester MN Real Estate (September 17-23, 2007)

There are currently 1278 homes for sale in Rochester, Minnesota with an average list price of $236,489 and average of 167 days on the market. Last week (September 17 to September 23, 2007) there were 61 new and back on the market listings with an average list price of $207,019 and average market time of 46 days. During this same time period 29 homes went to pending (under contract). The average list price of these homes was $185,929 with an average of 95 days on the market. There were 28 closings in Rochester residential real estate last week, with an average price of $181,544 and 94 days on the market. Last week 64 listings expired; the average asking price was $229,665 with an average of 127 days on the market.

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