Rochester MN Real Estate Market Blog

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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The stock of homes for sale in Rochester, Minnesota continued to drop last week.  There are currently 905 residential properties actively for sale in Rochester, with an average list price of $227,140 (median $176,500) and an average of 164 days on the market.  Last week there were 42 new listings (avg. list price $198,066, median $159,900) and 16 that [...]

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There are currently 935 homes for sale in Rochester, Minnesota.  The average list price for these properties is $227,359 (median $177,777).  These properties have an average of 161 days on the market. There were 986 homes for sale last week (October 27 to November 2, 2008) with an average list price of $229,579 (median $174,900) [...]

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From a national standpoint we are starting to see inventory levels stabilize and in some parts of the country actually go down in other parts.  In the meantime existing homes sales nationally rose 1.4% in September and inventory fell by 1.6% during the same time. Here in Rochester, Minnesota the MLS has reported real estate sales [...]

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There are currently 980 residential properties for sale in Rochester, Minnesota with an average list price of $238,424 (median $179,900) and an average of 163 days on the market. Last week (September 29 to October 5, 2008) there were 29 homes sold (closed) with an average market time of 78 days.  The average sold price of $144,201 (median $127,000) [...]

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There are currently 1024 residential properties for sale in Rochester, Minnesota with an average list price of $243,065 (median $184,900) and an average of 162 days on the market. Last week (September 8 to 14, 2008) there were 29 homes sold (closed) with an average market time of 126 days.  The average sold price of $169,937 (median [...]

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There were 33 homes that went under contract (sold) last week (August 11-17, 2008) in Rochester, Minnesota.  The average list price for these homes was $202,257 (median $140,900); average market time to pending was 131 days.  Last week there were 27 closings of sold residential properties.  The average sold price of $195,690 (median $162,500) was [...]

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July already! There are currently 1096 homes for sale in Rochester, MN with an average list price of $240,352 and average market time of 151 days. Last week (June 23 to 29, 2008) 34 homes sold (went under contract to pending) with an average list price of $168,572 and 116 days market time. There were [...]

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There are currently 1129 residential properties listed for sale in Rochester, Minnesota, with an average list price of $240,442 (median $184,900) and an average of 157 days on the market. Last week (June 16-22, 2008) 39 homes sold (went under contract to pending). These properties had an average list price of $176,496 (median $149,900) and [...]

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Last week (June 2 through 8, 2008) 59 new listings came onto the residential real estate market in Rochester, MN with a median list price of $174,900 and an average list price of $237,497. An additional 16 listings came back onto the market with an average market time of 181 days and average list price [...]

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