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Rochester MN Real Estate Market Blog

by Realtor Shawn Buryska of Coldwell Banker Burnet

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Entries from November 2008

Local Real Estate Market Conditions for Rochester, MN (week of 11/3-11/9/08)

November 11th, 2008 · No Comments

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 on the market.  Last week there were 42 new listings (avg. list price $198,066, median $159,900) and 16 that [...]

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Tags: Real Estate News · Rochester MN Homes for Sale

$7,500 Tax Credit Now Available to First Time Buyers!

November 6th, 2008 · No Comments

The federal government recently passed a provision for first time home buyers who qualify, obtain an up to $7,500 tax credit against their federal income taxes.  Eligible buyers must be first time home buyers and the credit qualifies for both preowned and new construction homes. This is a tax credit which directly reduces the home buyers federal tax [...]

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Tags: Real Estate News

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 [...]

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Tags: Real Estate News · Rochester MN Homes for Sale

Featured Listing

1976 29th Pl NW #103
Rochester MN 55901

Listing at: $111900
Condo
2 Bedroom
1 Bathrooms
View property

Recent Real Estate News

2010-03-10

How Not to Sell Your Neighbor's Home
Sellers typically focus on what list price will sell their home quickly and for top dollar.  But when your home isn’t the only one in the neighborhood for sale, your asking price can actually result in selling your neighbor’s home instead. How?... read more