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by Realtor Shawn Buryska of Coldwell Banker Burnet

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Rochester MN Real Estate Market Conditions (9/8/08-9/14/08)

September 16th, 2008 · No Comments

There are currently 1024 residential properties for sale in Rochester, Minnesota with an average list price of $243,065 (median $184,900) and an average of 162 days on the market.

Last week (September 8 to 14, 2008) there were 29 homes sold (closed) with an average market time of 126 days.  The average sold price of $169,937 (median $154,900) was 97% of the list price, 92% of the original asking price.

There were 34 residential properties that went to pending with an average of 103 days on the market, average list price of $199,616 (median $149,900), outpaced by 49 new listings and 19 back on the market listings.  Average list price for the new listings was $187,268 (median $159,900); average for the back on the market listings was $276,373 (median $204,900) and an average of 205 days on the market.  Ten listings canceled, 16 listings expired, 13 were extended.

Related posts:

  1. Local Real Estate Market Conditions for Rochester, MN (week of 11/3-11/9/08)
  2. Rochester, MN Real Estate Market Conditions (Oct 27-Nov 2, 2008)
  3. Rochester MN Area Real Estate Market Conditions (9/29-10/5/08)
  4. Rochester MN Real Estate Market Conditions (September 15-22, 2008)
  5. Real Estate Market Conditions for Rochester, MN (Sept 1 to 7, 2008)

Tags: Real Estate News · Rochester MN Homes for Sale

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2008-11-11

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The stock of homes for sale in Rochester, Minnesota continued to drop last week.  There are currently 905 residential properties actively for sale in Rochester, with an average list price of $227,140 (median $176,500) and an average of 164 days... read more