Rochester MN Real Estate Market Blog

There are currently 1205 homes for sale in Rochester, Minnesota, with an average list price of $236,663 and an average of 158 days on the market.
Last week (April 21 to April 27, 2008) 53 homes went under contract.  Average list price for those homes was $198,030, with an average market time of 105 days.  There were 57 new listings [...]

[Read more →]

The Rochester Minnesota Real Estate market seems to have built a full head of steam going to April.  Sales are robust and there have even been several reports of multiple offers on some well price properties.  The Mayo Clinic match market is also well under way with medical students eager to graduate and start their [...]

[Read more →]

We didn’t see the broad swings in interest rates this week as were experience in weeks past.  With little new economic news for the week rates settled in for a slightly lower average then last week.
Ecnomic news was mixed for the week. The Fed is forecasting that with the recent rate cuts and the [...]

[Read more →]

There are currently 1232 homes for sale in Rochester, Minnesota, with an average list price of $235,552 and an average of 155 days on the market.
Last week (March 31 to April 6, 2008) 46 homes went under contract.  Average list price for those homes was $166,823, with an average market time of 81 days.  There [...]

[Read more →]

WASHINGTON, D.C.
• Federal Reserve maps show key areas of concern
• What color is your state?
• Scroll down to the bottom for the website link
The Federal Reserve System now has a set of dynamic maps and data online that illustrate sub prime and alt-A mortgage loan conditions across the United States. The maps display regional variation [...]

[Read more →]

There were 1231 homes for sale last week in Rochester Minnesota, with an average list price of $231,205 and an average of 157 days on the market.  This includes 85 new listings (average list price of $198,308) and 17 listings coming back on the market (average list price of $211,494 and 249 days on the [...]

[Read more →]