Rochester MN Real Estate Market Blog

Last week (May 19 to 25) 52 homes sold (went under contract to pending), 55 homes closed, there were 53 new listings, and 16 properties that came back on the market in Rochester, Minnesota.  Six listings expired, 15 cancelled, and 12 listings were extended. There are currently 1170 active listings in Rochester with a median [...]

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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.  [...]

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There are currently 1172 residential properties for sale in Rochester, Minnesota with an average list price of $234,262 and 156 days on the market. Last week, April 28 to May 4, 2008, there were 1223 homes for sale; average list price of these properties was $234,715 with an average market time of 158 days. There [...]

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The Federal Reserve has cut interest rates by one-quarter of a percentage point yesterday, in what many economists are predicting might be the last such cut by the Federal Reserve for a while. It is the seventh cut since late August, and it comes as the Fed is trying to balance between fears of impending recession and [...]

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