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Rochester MN Real Estate Market Blog

by Realtor Shawn Buryska of Coldwell Banker Burnet

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Entries from July 2009

Monday Morning Market Update for Rochester, Minn

July 27th, 2009 · No Comments

There are currently 1039 residential properties for sale in Rochester, MN, a 10% decrease from a year earlier.  Last week (July 20-26, 2009), 30 homes went to pending (under contract) down 19% from a year ago.  Homes sold (closed) were down a third, with 23 homes closed last week.  Average sold prices remain at 98% [...]

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Tags: Real Estate News

Time is of the essence with First Time Home Buyer Tax Credit

July 10th, 2009 · No Comments

The National Association of Realtors is recommending completing transactions involving the First-Time Home Buyer Tax Credit as soon as possible.  The Tax Credit was increased to $8000 for home purchases made in 2009 before December 1, 2009.  The NAR’s recommendation is due to uncertainty whether the program will be reauthorized before the December 1, 2009 [...]

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Tags: Real Estate News

Monday Morning Real Estate Update for Rochester, MN

July 6th, 2009 · 2 Comments

Good Morning! There are currently 1026 homes for sale in Rochester, MN with an average list price of $238,905 (median $182,999) and an average market time of 145 days. Last week (June 29 to July 5, 2009) there were 58 new listings and 17 that came back on the market.  Average asking price was $181,759 [...]

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Tags: Real Estate News

Featured Listing

611 Muirfield Lane SE
Pine Island MN 55963

Listing at: $279000
Ranch
4 Bedroom
3 Bathrooms
View property

Recent Real Estate News

2010-09-07

Morning Market Update for Rochester, MN
New listings in the Rochester area real estate market remained steady at a reduced level last week (August 27 to September 2) with just 27 listings coming on the market, down from 40 a year ago. Sales were down from last year with 27 homes going... read more