In Rochester, Minnesota there are currently 1169 residential listings with an average list price of $236,425 and 156 days on the market.
Last week (May 5 to 11, 2008) 62 homes went to pending (under contract). The average list price for these homes was $206,868 and average market time was 115 days. There were also 62 new listings (average list price $220,427) and 24 that came back onto the market ($246,818 avg. list price).
There were 23 homes sold last week. The average sold price of $197,786 was 97.86% of asking price, 93.23% of original list price.
Last week 26 listings canceled, 11 expired and one was withdrawn.
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