There are currently 1205 homes for sale in Rochester, Minnesota, with an average list price of $236,663 and an average of 158 days on the market.
Last week (April 21 to April 27, 2008) 53 homes went under contract. Average list price for those homes was $198,030, with an average market time of 105 days. There were 57 new listings (average list price $236,686) and 11 homes that came back on the market (average of $275,727 and 226 days on the market). Two listings expired; fourteen canceled.
The 31 homes that sold last week closed at 99.4% of the list price, 96.5% of the original list price. The average sold price was $176,248; average number of days on the market was 93 days.