Rochester MN Real Estate Market Blog

818 Foxcroft Cr SW Rochester, MN 55902

admin — Wed, 08 Feb 2012 17:33:30 +0000

I’ve taken a new listing at 818 Foxcroft Cr SW Rochester, MN 55904. It is a 4 bedroom, 4 bath 2 story in Foxcroft West. The listing number is 4034542. You can find all the details here.

621 7th Ave SE Rochester, MN 55904

admin — Wed, 08 Feb 2012 17:29:31 +0000

I’ve taken a new listing at 621 7^th Ave SE Rochester, MN 55904. It is a 3 bedroom, 1 bath 1 ½ story in East Rochester Addition. The listing number is 4034425. You can find all the details here.

27044 590th St Mantorville, MN 55955

admin — Wed, 08 Feb 2012 17:26:06 +0000

I’ve taken a new listing at 27044 590^th St Mantorville, MN 55955. It is a 3 bedroom, 2 bath multi-level. The listing number is 4034496. You can find all the details here.

316 36th Ave NW Rochester, MN 55901

admin — Wed, 08 Feb 2012 17:23:31 +0000

I’ve taken a new listing at 316 36^th Ave NW Rochester, MN 55901. It is a 4 bedroom, 3 bath ranch in Country Club Manor. The listing number is 4034574. You can find all the details here.

623 Woodhaven Dr NE Rochester, MN 55906

admin — Wed, 08 Feb 2012 17:19:46 +0000

I’ve taken a new listing at 623 Woodhaven DR NE Rochester, MN 55906. It is a 3 bedroom, 4 bath 2 story townhome in Woodhaven. The listing number is 4034354. You can find all the details here.

Rochester Minnesota Real Estate Housing Market Update – Monday Morning Market Update

admin — Mon, 06 Feb 2012 20:12:51 +0000

The number of new residential listings in Rochester, Minnesota nearly doubled week over week with 64 homes coming on the market last week (January 27-February 6, 2012). Average asking price for these homes was $193,353. Signed contracts were down slightly from the previous week with 24 homes that went under contract. The average asking price for these homes was $159,337; average market time was just 68 days.

Showings have been steadily increasing with volume up week over week since the beginning of December. Last week there were 2107 showings of residential properties in the Rochester, Minnesota area as spring activity picks up.

There were 32 closings last week. These homes had an average sold price of $198,064, which was 97.5% of the asking price, 92.9% of the original list price. Average market time for these homes was 99 days.

There are currently 627 homes for sale in Rochester, Minnesota with an average list price of $207,200 and an average market time of 174 days.

To view this past week’s area real estate activity, click here for new listings and click here for pended listings.

Shawn Buryska, Coldwell Banker Burnet Realty, Licensed in the state of Minnesota

Real Estate Housing Market Update for Rochester Minnesota – Monday Morning Market Update

admin — Mon, 30 Jan 2012 13:18:05 +0000

The Rochester Minnesota area residential real estate market started picking up steam last week with nearly twice as many new listings as the previous week. There were 36 new residential listings last week (January 20-26, 2012) with an average asking price of $225,959. With new listings outpacing those going under contract, residential housing inventory increased slightly week over week with 600 homes currently for sale in the Rochester, Minnesota area. These homes have an average asking price of $207,732 and an average of 182 days on the market.

Last week there were 28 homes that went under contract. The average asking price for these homes was $170,695; average market time was 105 days. Average sold price for the 18 homes that closed last week was $157,636, just 88.3% of the original listing price. The selling price for these homes was within 3% of the asking price when they sold. Average time on the market for last week’s closings was 201 days.

While the number of new and pending listings are down more than 10% from the same time a year ago, the increase in activity is a positive sign as we head into the spring market.

To view this past week’s area real estate activity, click here for new listings and click here for pended listings.

Shawn Buryska, Coldwell Banker Burnet Realty, Licensed in the state of Minnesota

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Rochester, Minnesota Real Estate Market Update

admin — Tue, 24 Jan 2012 23:09:47 +0000

Signed contracts outpaced new listings last week, contributing to the continued reduction in housing inventory available for sale. Last week’s 20 new residential listings had an average asking price of $229,627. The 25 homes that went under contract last week (January 13-19, 2012) represented an increase of more than 70% over the same time period a year ago and averaged 173 days on the market with an average list price of $182,440.

There were 17 closings last week, almost twice as many as a year earlier. The average sold price for these homes was $167,973. With an average market time of 203 days and the average selling price at 95.8% of the asking price and 86.0% of the original list price, proper pricing is still incredibly important to finding the right buyer.

There are currently 590 active residential listings in Rochester, Minnesota with an average asking price of $205,717 and an average of 184 days on the market.

To view this past week’s area real estate activity, click here for new listings and click here for pended listings.

Shawn Buryska, Coldwell Banker Burnet Realty, Licensed in the state of Minnesota

No related posts.

1663 9th Ave SE Rochester, MN 55904

admin — Mon, 23 Jan 2012 16:18:26 +0000

I’ve taken a new listing at 1663 9^th Ave SE Rochester, MN 55904. It is a 3 bedroom, 2 bath split in Meadow Park. The listing number is 4034193. You can find all the details here.

5843 Kingsbury Dr NW Rochester, MN 55901

admin — Mon, 23 Jan 2012 16:14:37 +0000

I’ve taken a new listing at 5843 Kingsbury Dr NW Rochester, MN 55901. It is a 4 bedroom, 2 bath walkout split in Kingsbury Hills. The listing number is 4034307. You can find all the details here.