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Rochester MN Real Estate Market Blog

by Realtor Shawn Buryska of Coldwell Banker Burnet

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Rochester, MN Real Estate Market Conditions (Oct 27-Nov 2, 2008)

November 5th, 2008 · No Comments

There are currently 935 homes for sale in Rochester, Minnesota.  The average list price for these properties is $227,359 (median $177,777).  These properties have an average of 161 days on the market.

There were 986 homes for sale last week (October 27 to November 2, 2008) with an average list price of $229,579 (median $174,900) and average of 169 days on the market.

Last week, 28 homes sold (went under contract to pending) with an average asking price of $172,807 (median $148,000) and an average market time of 158 days.  There were 30 homes that closed last week.  The average sold price of $186,086 (median $157,000) was 96.98% of the list price, 93.02% of the original asking price.  These properties had an average of 139 days on the market.

There were 35 new listings last week (average list price $188,094, median $153,500) and14 back on the market (average list price $307,235, median $269,900).  Two listings were withdrawn, 17 canceled, 45 expired and 13 were extended.

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Related posts:

  1. Rochester MN Real Estate Market Conditions (September 15-22, 2008)
  2. Real Estate Market Conditions for Rochester, MN (Sept 1 to 7, 2008)
  3. Market Conditions for Rochester Minn (June 30 to July 6, 2008)
  4. Rochester MN Residential Real Estate Market (Aug 11-17, 2008)
  5. Local Real Estate Market Conditions for Rochester, MN (week of 11/3-11/9/08)

Tags: Real Estate News · Rochester MN Homes for Sale

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Recent Real Estate News

2009-06-29

Monday Morning Market Update for Rochester, MN
There are currently 1026 homes for sale in Rochester, Minnesota.  The average asking price for these properties is $241,653 (median $184,900) and the average market time is 149 days. There were 43 new listings last week (June 22 to June 28, 2009)... read more