Rochester MN Real Estate Market Blog

Another strong week in the Rochester, Minnesota housing market with 51 signed contracts.  There were 46 new listings and 22 closings last week (April 15 to 21, 2011). The 51 homes that went under contract last week had an average asking price of $180,234 and averaged 97 days on the market.  Last week’s 46 new [...]

[Read more →]

Spring is still blooming in the Rochester area housing market with 41 signed contracts last week (April 8 to 14, 2011) on residential properties, on par with a year ago when the Homebuyer Tax Credit incentive was coming to an end. There were 63 new listings, a third fewer than last year at this time, and 17 closings, 40% fewer [...]

[Read more →]

The Rochester area housing market fared favorably in the first quarter of 2011 compared to a year ago, especially in light of last year’s boost from the Homebuyer Tax Credit incentive.  In the first three months of the year, although total active listings were down 10% and new listings were down nearly 20% year over year, [...]

[Read more →]

The Rochester area housing market finished March strong with 59 signed contracts last week (March 25 to 31, 2011), 18% more than the last week of March, 2010. New listings coming onto the market last week were down nearly 40% from a year ago, and edged out by the number going off the market under contract.  [...]

[Read more →]