Rochester MN Real Estate Market Blog

The Rochester real estate market saw a significant reduction of new listings coming on the market with only 26 new listings verses 57 for the same week last year.  Sales were steady with 26 homes pended last week compared to 27 for the same time last year. The average price for the new listings was $219,749 and [...]

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I have had a feature on my website for quite sometime called Market Snapshot. This feature allows anyone who is interested in real estate activity, new listings, home sales, etc.  in the Rochester Minnesota area the ability to watch the local multiple listing service (MLS) activity relative to their home or a home they might [...]

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Happy Monday! There are currently 1035 residential properties for sale in Rochester, Minnesota with an average asking price of $226,907 (median $174,900) and an average of 155 days on the market. Last week (March 9 through 15, 2009) there were 73 new listings and 9 listings that came back on the market.  Average list price [...]

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Last week (March 2-8, 2009) 21 homes sold in Rochester, Minnesota.  The average sold price of $188,948 (median $143,600) was 96.35% of the average list price, 88.31% of the original asking price.  These homes had an average market time of 140 days. There were 90 new listings last week and 19 properties that came back [...]

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There are currently 931 residential properties for sale in Rochester, MN with an average list price of $230,608 (median $176,500) and an average market time of 165 days. Last week (February 23 through March 1, 2009) there were 74 new listings and 6 that came back on the market.  Average list price for these properties [...]

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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 [...]

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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 [...]

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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 [...]

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Good morning! There are currently 823 residential properties for sale in Rochester, Minnesota.  The average list price for these properties is $224,992 (median $175,000) and average market time is 190 days.  Last week (January 19 to January 25, 2009) there were 846 residential properties for sale (average list price $225,607, median $175,000, 186 days on [...]

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With the 2008 real estate market behind us I’m looking forward to 2009.  With interest rates at all time lows I’m anticipating an early start to our sales season which usually builds to full steam in March.  In the next few days I will have actual sales stats for 2008.  So far we know that [...]

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