There are currently 1278 homes for sale in Rochester, Minnesota with an average list price of $240,167 and average of 194 days on the market. Last week (October 15 to October 21, 2007) there were 56 new and back on the market listings with an average list price of $203,481 and average market time of 58 days. During this same time period 23 homes went to pending (under contract). The average list price of these homes was $165,548 with an average of 105 days on the market. There were 28 closings in Rochester residential real estate last week, with an average price of $162,600 and 104 days on the market. Last week 74 listings expired; the average asking price was $197,670 with an average of 124 days on the market.
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