Rochester MN Real Estate Market Blog

Good morning! Thanksgiving week (November 23 to 29, 2009) had fewer active listings and fewer new listings this year and more homes that went under contract and that sold than last year.  According to the Multiple Listing Service (MLS) there were 893 active listings last week, down 5% from a year ago, 19 new listings (a drop [...]

[Read more →]

There are currently 867 residential properties for sale in Rochester, Minnesota with an average list price of $234, 875 (median $178,000) and an average of 173 days on the market.  There were 913 homes for sale last week (November 16-22, 2009), down 4% from a year ago according to the MLS (Multiple Listing Service).  The [...]

[Read more →]

I’ve taken a new listing at 5138 Lexington Ln NW Rochester, MN 55901.  It’s a 3 bedroom, 2 bath split in Wedgewood Hills.  The listing number is 4016541 and the home info line number is 398020.  You can find all the details here.

[Read more →]

I’ve taken a new listing at 1976 29th Pl NW #103 Rochester, MN 55901.  It’s a 2 bedroom, 1 bath ranch style condo in The Pines.  The listing number is 4016525 and the home info line number is 394780.  You can find all the details here.

[Read more →]

I’ve taken a new listing at 1301 4th Ave SE Rochester, MN 55904. It’s a 3 bedroom, 1 bath 1 ¼ story in Irelands. The listing number is 4014313 and the home info line number is 396470. You can find all the details here.

[Read more →]

Good morning! There are currently 898 residential properties for sale in Rochester, Minnesota according to the Multiple Listing Service (MLS).  Average asking price for these homes is $236,146 (median $178,000); average market time is 166 days. Last week (November 9 to 15, 2009) the MLS reported 931 active listings, off 3% from a year earlier; 30 new [...]

[Read more →]

The National Home Builders have launched a great website explaining the new legislation signed last week extending the first time home buyers tax credit incentive of $8,000 to April 30th 2010. The program has also been expanded to include move up buyers as well.  Move up buyers qualifying for the program will receive a $6,500 tax credit.  To [...]

[Read more →]

The owner at 4439 Cambridge Ln NW Rochester, MN 55901 just reduced their price to $199,900!  This is a 3 bedroom, 4 bath 2 story in North Park.  Click here for more details.

[Read more →]

The owner at 5115 51st St NW Rochester, MN 55901 just reduced their price to $194,500!  This is a 3 bedroom, 3 bath 2 story in Wedgewood Hills.  Click here for more details.

[Read more →]

The owner at 121 14th St NE #302 Rochester, MN 55906 just reduced their price to $159,900!  This is a 2 bedroom, 2 bath condo at Buena Vista.  Click here for more details.

[Read more →]