Rochester MN Real Estate Market Blog

There are currently 912 residential properties for sale in Rochester, Minnesota with an average list price of $228,150 (median $175,000) and an average of 174 days on the market.
Last week (February 16-22, 2009) 16 homes sold (closed). The average sold price of $156,554 (median $133,500) was 97.71% of the asking price, 90.96% of the original list [...]

[Read more →]

Hope everyone had a great Presidents’ Day!
There are currently 873 residential properties for sale in Rochester, Minnesota.  The average list price for these properties is $226,686 (median $176,500) and average market time is 181 days.
There were 69 new listings last week (February 9-15, 2009) and 15 that came back on the market.  Average asking price [...]

[Read more →]

There’s good news if your a first time home buyer!  The president just signed the American Recovery and Reinvestment Act of 2009. This means that if your a first time home buyer and your income is less than $75,000 ($150,000 on a joint return) your are eligible for an $8,000 tax credit in the year 2009.  Better [...]

[Read more →]

Happy Groundhog Day!
There are currently 812 homes for sale in Rochester, Minnesota.  The average asking price for these properties is $227,055 (median $178,000) and average market time is 193 days.
Last week (January 26, 2009 through February 1, 2009) there were 839 residential properties for sale in Rochester, MN, with an average list price of $227,321 (median $177,900) and average market time [...]

[Read more →]