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by Realtor Shawn Buryska of Coldwell Banker Burnet

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Rochester MN Residential Real Estate Mkt Conditions (6/23-6/29/08)

July 1st, 2008 · No Comments

July already!

There are currently 1096 homes for sale in Rochester, MN with an average list price of $240,352 and average market time of 151 days.

Last week (June 23 to 29, 2008) 34 homes sold (went under contract to pending) with an average list price of $168,572 and 116 days market time. There were 54 closings; average sold price of $207,355 was 96.43% of the original list price and 98.92% of the asking price (avg. $209,627). Market time for these properties averaged 91 days.

There were 45 new listings last week with an average list price of $177,535, and 13 listings came back on the market (avg. list price $183,976, avg. mkt time of 152 days). Three listings were withdrawn, 25 cancelled, 8 expired, and 27 were extended.

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Related posts:

  1. Rochester MN Residential Real Estate Conditions (March 10-16, 2008)
  2. Rochester MN Residential Real Estate Conditions (March 24-30, 2008)
  3. Rochester MN Residential Real Estate Market (Aug 11-17, 2008)
  4. Residential Real Estate Market Conditions in Rochester MN (March 31 to April 6, 2008)
  5. Rochester, MN Real Estate Market Conditions (Oct 27-Nov 2, 2008)

Tags: Real Estate News · Rochester MN Homes for Sale

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Recent Real Estate News

2010-08-30

Monday Morning Rochester Area Real Estate Market Update
The Rochester real estate market saw a significant reduction of new listings coming on the market with only 26 new listings verses 57 for the same week last year.  Sales were steady with 26 homes pended last week compared to 27 for the same time... read more