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by Realtor Shawn Buryska of Coldwell Banker Burnet

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Rochester Minn Real Estate Market (May 12 to 18, 2008)

May 21st, 2008 · No Comments

There are currently 1172 residential properties for sale in Rochester, Minnesota.  Average list price for these homes is $237,512; average market time is 154 days.

Last week (May 12 to 18, 2008) 43 homes went under contract (to pending) with an average list price of $190,550 and an average of 140 days on the market.  There were 49 closings last week; the average sold price of $210,602 was 97.8% of the asking price and 92.9% of the original list price.

There were 67 new listings (average list price of $233,397) and 12 listings back on the market (average list price was $181,341).  One listing was withdrawn, 21 cancelled, and 8 expired.

Related posts:

  1. Market Conditions for Rochester Minn (June 30 to July 6, 2008)
  2. Residential Real Estate Market Conditions in Rochester MN (March 31 to April 6, 2008)
  3. Market Conditions for Rochester Minn (week of June 2 through 8, 2008)
  4. Real Estate Market Conditions for Rochester MN (May 19 to 25, 2008)
  5. Rochester, MN Real Estate Market Conditions (Oct 27-Nov 2, 2008)

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