Rochester MN Real Estate (October 22-28, 2007)

There are currently 1247 homes for sale in Rochester, Minnesota with an average list price of $241,986 and average of 199 days on the market. Last week (October 22 to October 28, 2007) there were 32 new and back on the market listings with an average list price of $209,482 and average market time of 42 days. During this same time period 51 homes went to pending (under contract). The average list price of these homes was $168,671 with an average of 92 days on the market. There were 35 closings in Rochester residential real estate last week, with an average price of $175,916 and 99 days on the market. Last week 71 listings expired; the average asking price was $204,687 with an average of 116 days on the market.

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