Search Shawn's Homes For Sale in Rochester MN

Rochester MN Real Estate Market Blog

by Realtor Shawn Buryska of Coldwell Banker Burnet

Rochester MN Real Estate Market Blog « home

 

Monday Morning Market Update for Rochester, MN

October 5th, 2009 · No Comments

Good morning!

There are currently 1013 homes for sale in Rochester, Minnesota, according to the MLS (Multiple Listing Service).  The average list price is $240,995 (median $179,900) and average market time is 155 days.

Last week (September 28, 2009 to October 4, 2009) there were 1091 residential properties for sale, an increase of 1% over a year earlier.  There were 42 new listings, a 50% increase over last year, with an average asking price of $190,966 (median $139,900).  Ten listings came back on the market, 21 cancelled, 34 expired, and 24 extended last week. 

According to the MLS 29 homes went under contract (to pending) last week in Rochester, MN, one more than the same time a year ago. These properties had an average list price of $218,813 (median $149,900) and averaged 88 days on the market.

There were 44 homes that sold (closed) last week in the Rochester area, 19% more than last year.  The average sold price of $168,445 (median $148,575) was 98.2% of the list price, 95.6% of the original asking price.  These homes averaged 103 days on the market.

Related posts:

  1. Monday Morning Market Update for Rochester, Minnesota
  2. Monday Morning Market Update – Real Estate Market Conditions for Rochester, MN
  3. Monday Morning Market Update for Rochester, MN
  4. Monday Morning Market Update for Rochester, MN
  5. Monday Morning Real Estate Market Update for Rochester, MN

Tags: Real Estate News

If you found this page useful, consider linking to it.
Simply copy and paste the code below into your web site (Ctrl+C to copy)
It will look like this: Monday Morning Market Update for Rochester, MN

0 responses so far ↓

  • There are no comments yet. Begin by filling out the form below.

Leave a Comment

Featured Listing

604 Fox Chase Rd SW
Rochester MN 55902

Listing at: $400000
Ranch
4 Bedroom
3 Bathrooms
View property

Recent Real Estate News

2012-02-08

818 Foxcroft Cr SW Rochester, MN 55902
I've taken a new listing at 818 Foxcroft Cr SW Rochester, MN  55904.  It is a 4 bedroom, 4 bath 2 story in Foxcroft West.  The listing number is 4034542.  You can find all the details read more

Shawn Buryska on LinkedIn
Add me to Skype

New Construction Offerings By:

Markham Homes