Homes for Sale in Rochester MN (week of November 12-18, 2007)

In Rochester, MN there are 1201 homes for sale with an average list price of $236,100 and average of 211 days on the market. Last week (November 12 to 18, 2007) there were 49 new and back on the market listings with an average list price of $184,688 and average market time of 44 days. During this same time period 28 homes went to pending (under contract). The average list price of these homes was $230,658 with an average of 96 days on the market. There were 27 closings in Rochester residential real estate last week, with an average price of $174,135 and 130 days on the market. Last week 69 listings expired; the average asking price was $198,168 with an average of 117 days on the market.