Rochester MN Real Estate Market Blog

Regardless of what the weather is doing outside, the spring selling market is here. The available inventory of homes for sale in Rochester, Minnesota increased more than 10% since a month ago with 608 active residential listings. Average asking price for these properties is $217,805 and the average market time is 116 days.  Nevertheless, the [...]

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The spring housing market in Rochester, Minnesota is beginning to warm up with increasing inventories and strong selling activity. While housing inventories remain at just over 80% the volume of a year ago, week over week we’ve been seeing a steady increase in homes available for sale. There are currently 546 active residential listings in [...]

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More than twice as many homes came onto the Rochester, Minnesota area housing market in the first week of February as went off the market with a signed contract. The 57 new residential listings had an average list price of $226,714. The 24 homes that went under contract to pending last week had an average [...]

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The first month of the year finished strong with 51 homes coming onto the market and 31 signed contracts on Rochester, Minnesota area homes in the last month of January. Last week’s 51 new residential listings had an average list price of $188,193.

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Rochester, Minnesota area housing sales slowed slightly in the beginning of the year with just 13 signed contracts on residential properties last week. There were 29 new residential listings last week with an average list price of $211,176. The 13 homes that went under contract to pending last week had an average list price of [...]

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Despite the end of the year landing in the middle of the week, the Rochester, Minnesota area real estate market had a solid week last week (December 28, 2012 to January 3, 2013). The residential real estate market’s 19 new listings were evenly matched by the 19 homes that went off the market under contract, [...]

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As we head into the final month of the year, Rochester, Minnesota real estate kept moving along with 31 new listings and 30 signed contracts on residential properties. With homes going off the market steadily, the inventory of homes for sale in Rochester dipped to just 542 active listings with an average asking price of [...]

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The Thanksgiving holiday weekend slowed the Rochester Minnesota area real estate market just slightly last week. New residential listings remained near recent levels with 29 homes coming onto the market with an average listing price of $158,676. Signed contracts were at exactly the same level as a year earlier with 17 homes going under contract [...]

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Last week saw another steady stream of home sales with 27 signed contracts on residential properties in the greater Rochester, Minnesota area. Average asking price for these homes that went under contract to pending was $174,155; average market time was 139 days. New listings again edged ahead of those coming off the market as 31 [...]

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As we head into the Thanksgiving holiday week, the number of available homes for sale continues to contract with just 570 active residential listings in the Rochester, Minnesota area. Average asking price for these homes is $221,926 and average market time is 136 days. There were 19 homes that went under contract to pending last [...]

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