Rochester MN Real Estate Market Blog

There are currently 1129 residential properties listed for sale in Rochester, Minnesota, with an average list price of $240,442 (median $184,900) and an average of 157 days on the market.
Last week (June 16-22, 2008) 39 homes sold (went under contract to pending). These properties had an average list price of $176,496 (median $149,900) and average [...]

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As expected, the members of the Federal Open Market Committee voted to hold their key fed fund rate unchanged.  Today’s decision is the first time the Fed has held short-term interest rates steady since they embarked on a series of rate cuts that dates back to last September.
            In their much anticipated post-meeting policy statement, [...]

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Last week (June 2 through 8, 2008) 59 new listings came onto the residential real estate market in Rochester, MN with a median list price of $174,900 and an average list price of $237,497. An additional 16 listings came back onto the market with an average market time of 181 days and average list price [...]

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There are currently 1144 residential properties for sale in Rochester, Minnesota with an average list price of $240,961 and average of 155 days on the market.
Last week (May 26, 2008 through June 1, 2008) 40 listings went under contract (to pending). Average list price for these homes was $192,341; average market time was 126 days. [...]

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